VIETNAM is punching well above its weight Once among the poorest countries in the world, its economy is now booming and the World Bank describes it as one of the most dynamic and emerging countries in the entire East Asia region. Vietnam recorded a 2.6 per cent increase in gross domestic product in 2021 and […]
Read MoreThe baht opened at 32.72 to the US dollar on Thursday, strengthening from Wednesday’s close of 32.77, the highest in two months. The Thai currency is likely to move between 32.70 and 32.90 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. He said the baht strengthened more than expected as foreign investors bought […]
Read MoreMANILA, Philippines — Investments approved by the Philippine Economic Zone Authority (PEZA) dropped more than a fourth last year and fell below target as the pandemic continued to affect investor sentiment. PEZA data showed total investments for 204 projects approved by the agency reached P69.30 billion last year, down 27 percent from P95.03 billion in […]
Read MoreThe Federation of Thai Industries (FTI) is concerned about the energy price situation and has asked the government to cut utility bills and cap the diesel price at less than 30 baht per litre to prevent inflation. FTI chairman Suphan Mongkolsuthree said on Wednesday that operators were facing pressure from increasing manufacturing costs in both […]
Read MorePETALING JAYA: The debate on minimum wages has heated up again amidst rising prices of goods and the emergence of businesses from the recession. On one end, the Malaysian Trades Union Congress has urged the government to accelerate the implementation of the minimum wage at RM1,500 to help workers cope with their rising household expenditures. […]
Read MoreMANILA, Philippines — The Philippines fell to eighth place in macro risk assessment ranking last year, from second spot in 2020, as the cover for foreign obligations and fiscal position declined due to the pandemic, according to DBS Bank Ltd. of Singapore. In its latest emerging markets risk heatmap, DBS said the Philippines and Thailand […]
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