The State Bank of Vietnam (SBV) has affirmed that it will apply a flexible monetary policy amid global uncertainties. Since early 2022, the international financial market has experienced complicated movements. Russia-Ukraine tensions have had a negative impact on the global economic and financial system, affecting fuel prices and basic commodities, and exacerbating the consequences of […]
Read MoreFitch Ratings has affirmed Thailand’s credit rating at “BBB+” with a stable outlook, which is acceptable to the government, says government spokesman Thanakorn Wangboonkongchana. Fitch affirmed Thailand’s long-term foreign-currency issuer default rating at “BBB+” with a stable outlook, according to a release on June 21. Thailand’s ratings are underpinned by the country’s sustained external financial […]
Read MoreUS retail multinational Walmart will increase orders of Cambodian garments and footwear products in the upcoming year and will also start buying fruits, food products, and electronics. The remarks were made by Anbinh Phan, director of Walmart’s Global Government Affairs, in a virtual meeting with Ith Samheng, Minister of Labor and Vocational Training, yesterday. The […]
Read MoreThe surging supply of cheap condos has been achieved through lower overheads, strict debt management and in-house construction, according to Regent Green Power, the largest developer of such inexpensive units. Nirat Yoopakdee, Regent Green Power managing director, said the company was able to develop condo units priced at or below 1.2 million baht in locations […]
Read MoreDaily newspaper the New Zealand Herald recently published an article by UK journalist Nigel Richardson describing Vietnam as an attractive destination amid world beginning to recover from the COVID-19 pandemic. The UK journalist pointed out 10 reasons why international travelers should head to Vietnam in the post-pandemic period. 1. A rich ethnic mix There are […]
Read MoreMANILA, Philippines — The peso continued its losing streak yesterday, depreciating by another 20.5 centavos to close at its weakest level in nearly 17 years, a day before the anticipated interest rate increase by the Bangko Sentral ng Pilipinas (BSP). The peso closed at 54.470 from Tuesday’s 54.265 to $1. It opened weaker at 54.30 […]
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