WASHINGTON: President Donald Trump’s administration said on Friday Vietnam’s actions to push down the value of its currency are “unreasonable” and restrict U.S. commerce, but did not take immediate action to impose punitive tariffs. Releasing the results of its so-called Section 301 investigation into Vietnam’s currency practices, the U.S. Trade Representative’s (USTR) office said it […]
Read MorePETALING JAYA: Hotel operators are operating at their “bare minimum, ” according to the Malaysian Association of Hotels (MAH), following a near full-year of steady losses as a result of the Covid-19 pandemic. MAH chief executive officer Yap Lip Seng (pic below) said the implementation of the recent movement control order (MCO) will further exacerbate […]
Read MoreThe government remains adamant it is continuing its long-delayed Dawei special economic zone (DSEZ) project and vows to find solutions to obstacles at a tripartite meeting between Thailand, Japan and Myanmar. Deputy Prime Minister Supattanapong Punmeechaow, who is chairman of the Thai-Myanmar Joint High-Level Committee (JHC) for the DSEZ, said Thailand’s government agencies are looking […]
Read MoreMANILA, Philippines — Investments for projects approved by the Philippine Economic Zone Authority (PEZA) went down by nearly a fifth last year amid the coronavirus disease 2019 (COVID-19) pandemic. In a statement, PEZA said it approved P95.03 billion worth of projects last year, 19 percent lower than the P117.5 billion in 2019. Also, only 326 […]
Read MoreThe Hanoitimes – The total number of pig herds in Vietnam is estimated at 27.3 million as of present, up 20% against early 2020 and equivalent to 87% of the pig herd before the outbreak of the African Swine Fever. Since January 1, 2021, Vietnam has imported more than 53,000 live pigs and 600 tons of […]
Read MoreMoody’s Investors Service said recently that its Asian Liquidity Stress Indicator (ALSI) remains elevated as liquidity remains weak for 45 of 138 rated high-yield companies. The ALSI measures the percentage of high-yield (HY) companies with Moody’s weakest speculative-grade liquidity score (SGL-4) as a proportion of the total number of corporate family ratings, the credit rating […]
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