Despite impairments in the economy and business revenues, Vietnam has decided to increase its budget deficit this year and next year in order to ensure state budget spending for the country. The National Assembly has adopted a scheme on raising the state budget within 2022 and 2023 by an annual average rate of 1-1.2 per […]
Read MoreUOB Kay Hian (UOBKH) expects market consolidation for Malaysia from March onwards to reflect the projected interest rate hikes, it said in a research report on Friday (Feb 18). The research team projects that the US Federal Reserve will raise its policy rate 5 times in 2022 to a total of 150 basis points (bp). […]
Read MoreVarious tourism business operators in the South and the East as well as the Thai Hotels Association are calling on the government to fully reopen the country to international tourists by lifting all remaining Covid-19 restrictions from next month. In an open letter addressed to Prime Minister Prayut Chan-o-cha and other officials dated Wednesday, the […]
Read MoreMANILA, Philippines — Metro Manila could be heading to another water supply shortage as the dry season approaches, and both utility companies and the government are pulling out all the stops to avert another water crisis of the same scale as the one that hit the capital three years ago. The National Water Resources Board […]
Read MoreThe volume of imports and exports handled at the Sihanoukville Special Economic Zone (SSEZ) notched up more than $217 million in the first month of 2022, marking a 45.64 per cent rise year-on-year, according to a statement released by the operator. This follows a 16.41 per cent increase to $149 million in January 2021, from […]
Read MoreDriven by the Vietnamese government’s new strong moves, greater investment flows from the EU into Vietnam is on the horizon for 2022 focusing on high-tech industries as well as green and sustainable business, expecting to change the country’s foreign investment picture in the months to come. In late January, a working group of the European […]
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Thailand
