South Korea continues to be Vietnam’s largest foreign investor with an accumulated registered capital of US$72 billion in 9,100 projects. While the FDI into Vietnam declined by 2.5% for the first half of the year, the country remained a favorite destination for South Korean investors with a surge in investment inflow of 43.6% year-on-year. Lee […]
Read MoreAFP – Asian equities mostly rose Wednesday, in line with the recent volatility in global markets as optimism over the economic recovery and coronavirus vaccinations plays off against concerns about the fast-spreading Delta variant and China’s regulatory crackdown. A forecast-beating corporate earnings season and constant reassurance from the US Federal Reserve over its ultra-loose monetary policies […]
Read MoreMANILA, Philippines — Two-thirds of consumers saw their income negatively affected by the COVID-19 pandemic in the second quarter, with the impact more pronounced for Gen X and millennials, according to a survey by information and insights company TransUnion. Conducted from June 1 to 16, TransUnion’s Consumer Pulse study covering 1,100 respondents showed 66 percent […]
Read MoreSmall and medium-sized Cambodian companies are to receive government training on how to make the most of the digital economy. The Ministry of Commerce says the training programme is an important part of its Go4eCAM project. That project aims to increase economic opportunities for small and medium enterprises (SMEs) by giving them a doorway to […]
Read MoreFollowing the extension to the lockdown until August, the office market slowdown will continue in the third quarter with a further decrease in occupancy rate, according to property consultant Edmund Tie & Co Thailand. Neeranuch Kanokvilairat, manager of research & consulting, said some office tenants were using less office space as they had reduced the […]
Read MoreCar manufacturers are planning to shift production chains elsewhere to Vietnam in case such tax incentives are extended. The current tax incentives for domestically-produced cars, set to expired on December 31, 2022, are expected to be extended beyond that timeline to continue supporting the local automobile and supporting industries. The Ministry of Finance (MoF) proposed […]
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Thailand
