AFP – Asian markets mostly fell yesterday on profit-taking and growing worries about inflation, which offset long-running optimism about the global recovery as vaccines are rolled out, infection rates slow and Joe Biden’s stimulus winds through Congress. Oil prices pushed further up to 13-month highs as the severe cold snap in the United States hammers production, […]
Read MoreMANILA, Philippines — The Philippines ranked 96th out of 152 economies in the Business-to-Consumer (B2C) E-Commerce Index 2020 released by the UN Conference on Trade and Development (UNCTAD), lagging behind most of its neighbors in Southeast Asia in terms of readiness to support online shopping. Within Southeast Asia, the Philippines trailed behind Singapore which placed […]
Read MoreOCBC stock watchers have taken a “decidedly optimistic” outlook on Asian real estate investments, citing “undemanding valuations” and recovery from the Covid-19 downturn. The global roll-out of vaccines against the novel coronavirus is expected to gradually lift footfall and tenant sales in shopping malls, while more workers will return to offices. “Meanwhile, logistics and data […]
Read MoreTOKYO: Exports from the six largest Southeast Asian economies fell by 2.2% in 2020 from a year earlier to a combined $1.35 trillion, a relatively small decline given the impact of the coronavirus pandemic, according to data from the Japan External Trade Organization (Jetro). Of the six, only Vietnam posted an increase in exports for […]
Read MoreDigital platforms and other technology-based tools are providing new growth opportunities for businesses of all sizes and across all industries in Asia and the Pacific (including Cambodia) — a trend which could contribute significantly to the region’s sustainable recovery from the coronavirus disease (COVID-19) pandemic, according to a new report by the Asian Development Bank […]
Read MoreKUALA LUMPUR: Loan moratoriums and restructuring pose critical risks to the banking systems in Asean including Malaysia and need to be watched going forward, according to Maybank Kim Eng Research. The research house said loan moratoriums and restructurings across Asean have muddied the waters on asset quality risks. “Just 10% of such loans going bad […]
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Thailand
