A Chinese company has signed an agreement with Lao authorities to study the prospects for development of 5,000 hectares of land in southern Laos’ Attapeu province, raising concerns among residents that investors will take more land over time, destroying local livelihoods, Lao sources say. The Memorandum of Understanding (MoU) signed on April 7 allows China’s […]
Read MoreHEADLINE inflation expectations have been recovering since September 2020, rising to 2.7 per cent in March’s poll. This is according to the latest quarterly survey results of the Singapore Index of Inflation Expectations (SInDEx) released by DBS and the Singapore Management University (SMU), which polled 500 individuals that represent a cross-section of Singaporean households. March’s […]
Read MoreIn August 2020, when the Vietnam – EU Free Trade Agreement (EVFTA) took effect, Trung An High-tech Agriculture JSC exported about 150 tons of rice to the European Union. In particular, ST25 rice was sold for more than $1,000 per ton and Jasmine rice for $600 per ton. The Vietnam National Seed Group (Vinaseed) has also […]
Read MoreEconomic doldrums related to the pandemic have prompted a surge in demand for digital loans in several forms, including nano-finance products offered both by banks and non-bank companies. Line BK, a social banking collaboration in Thailand between Kasikornbank (KBank) and Line Corporation, reported that personal digital loans increased to 6 billion baht in the first […]
Read MoreSINGAPORE, April 19 — Grab Holdings, Southeast Asia’s ride-hailing to delivery giant, is considering a secondary listing in its home market of Singapore after completing a Nasdaq listing via a US$40 billion (RM165.2 billion) SPAC merger, three sources familiar with the matter said. Listing on Singapore Exchange would enable Grab to have an investor base […]
Read MoreMANILA, Philippines — The generous monetary support unleashed by central banks around the world, including the Bangko Sentral ng Pilipinas (BSP), is expected to remain in place to support the global economy from the pandemic-induced recession, according to Moody’s Analytics. In its latest global outlook titled “Recovery fraught with risk,” Moody’s Analytics senior economist for […]
Read More
Thailand
