The VN-Index inched higher thanks to gains of large-cap stocks and marked its seven days of rally. HÀ NỘI — Stock markets were mixed on Wednesday with the VN-Index extending its rallies, but gains were capped as investors were more cautious after GSO had revealed data showing that the economy grew modestly in the first quarter. The […]
Read MoreA locally-run aluminium recycler, the first in Cambodia to export pure aluminium to China, now plans to produce aluminium and products thereof for the domestic market as well. Seng Casin Electronics will soon begin producing drink cans for local drinks manufacturers. Its CEO Sun Bunheng said the factory currently exports all of the aluminium it […]
Read MoreThe Bank of Thailand on Wednesday raised its benchmark interest rate for a fifth straight time and signalled that more tightening is on the horizon to return inflation to its target. “With all the data that we have now, we think the rate normalisation should continue,” assistant governor Piti Disyatat said at a briefing after policymakers […]
Read MoreAlong with the contraction in fresh capital, the disbursed capital also slightly plunged 2.2 per cent from a year earlier to $4.3 billion, it noted. HÀ NỘI — Việt Nam attracted nearly US$5.45 billion worth of foreign investment in the first quarter of the year, down 39 per cent year-on-year, according to the Foreign Investment Agency (FIA). Of the three-month figure, over $3 billion […]
Read MoreSINGAPORE – Rising inflation, an economic slowdown and soaring healthcare costs are the three key factors that Singapore residents say will hinder them from reaching their financial goals, a survey found. Inflation was identified as the key threat to their savings plans by almost seven in 10, or 68 per cent, of the 1,037 Singapore residents polled. […]
Read MoreMANILA, Philippines — Issuers are pushing credit card ownership, particularly among Filipino women, amid stubbornly high inflation and uncertainties. According to the Credit Card Association of the Philippines (CCAP), the umbrella organization of the country’s 17 major issuers, credit cards serve as powerful tools of economic empowerment for women, as these increase their financial flexibility, […]
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