Business sentiment hit its lowest rate in 18 months in July, attributed to the mounting trade row between the US and China, falling exports and relatively low farm prices. The Thai Chamber of Commerce (TCC) confidence index, a gauge of nationwide business sentiment, fell for a fifth straight month in July to 46.7 points from […]
Read MoreMANILA, Philippines — Net inflows of foreign direct investments (FDI) plunged 85 percent in May, hitting its lowest level in more than three years, amid external headwinds wherein emerging markets remain affected by the trade war between the US and China. The Bangko Sentral ng Pilipinas (BSP) reported yesterday that net FDI inflows amounted to […]
Read MoreThe World Bank is optimistic about economic growth in Laos, which is projected to rebound to 6.5 per cent this year, rising from 6.3 per cent recorded last year. Despite continued fiscal tightening, the pick-up is expected to be driven by robust investment in mega infrastructure projects including the Laos-China railway, according to the latest […]
Read MoreThe Hanoitimes – The license has somewhat shown Vietnam’s relaxed management of drugs market which is likely to reach US$7.7 billion by 2021. France-based Sanofi-Aventis Vietnam Co., Ltd has been licensed to directly import drugs to Vietnam, becoming the first foreign-invested firm eligible to get such right in the country. With this license, Sanofi directly imported […]
Read MoreA crackdown by China on illegal trade along the vital Muse border crossing located in northern Shan State as well as severe restrictions on agricultural imports continues to affect Myanmar’s border exports to the country. According to data from the Ministry of Commerce, exports declined 28.4 percent to US$2.74 billion from October 1, 2018 to […]
Read MoreKUALA LUMPUR: Risks are growing for Singapore’s three largest banks – DBS Bank Ltd, Oversea-Chinese Banking Corp Ltd (OCBC) and United Overseas Bank Ltd (UOB) – as economic conditions worsen, Moody’s Investors Service said. It said non-performing loans (NPLs) ratios remained low at 1.5%, but would deteriorate amid rising volatility. It added that further improvement […]
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Thailand
