Vietnam will need about 313 trillion VND (13.7 billion USD) to develop a modern seaport system between now and 2030, and the funding will mostly come from non-budget sources. During 2011 – 2020, about 202 trillion VND was poured into developing seaport infrastructure, accounting for 20.6 percent of total investment in transport infrastructure. Of the […]
Read MoreMANUFACTURING in Vietnam could stay subdued into early 2022, amid a Covid-19 outbreak, migrant worker shortage, higher cost of materials, and port logjams. Some production losses will also turn permanent, economists at BofA Global Research warned in a report on Tuesday (Nov 16), as they forecast an output gap of between 5 per cent and […]
Read MoreThe baht opened at 32.76 to the US dollar on Wednesday, weakening from Tuesday’s closing of 32.67. The Thai currency is likely to move between 32.70 and 32.85 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht will be pressured by a strengthening dollar and gold […]
Read MoreThailand’s cross-border trade prospects received a boost when the Tak Bai and Buketa border checkpoints in Narathiwat were reopened yesterday. Commerce Minister Jurin Laksanawisit said that the reopening of the two border checkpoints will help increase border trade activities between Thailand and Malaysia. According to Mr Jurin, the reopening of the two border checkpoints will […]
Read MoreKUALA LUMPUR, Nov 16 — A research by Employment Hero, a complete people, payroll and benefits solution for small to medium-sized businesses, has revealed that 72 per cent of young Malaysian employees are considering leaving the country for better employment opportunities. In the 2021 Employee Movement and Retention Report, it said the number, which is […]
Read MoreBENGALURU : Indonesia’s central bank will wait until the end of next year before raising interest rates as it tries to aid the economic recovery from the COVID-19 pandemic, keeping a close watch on any U.S. Federal Reserve policy moves, a Reuters poll found. Since the pandemic started, Bank Indonesia (BI) has cut interest rates […]
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