PETALING JAYA: The reopening of the domestic economy and the potential mass vaccine rollout by various countries have seen investors shifting to more cyclical sectors like banks – the proxy to economic growth. Since end-October, banking stocks have rallied by more than 20% versus the FBM KLCI’s 11% rise, largely on optimism that positive news […]
Read MoreThe Hanoitimes – The food delivery apps are becoming familiar with Vietnamese people. Food delivery apps have become more important for both business owners and their customers as more people order takeout during the coronavirus pandemic in Vietnam. According to a survey conducted by Q&Me in December, with the participation of about 1,000 people aged 18 […]
Read MoreThe lockdown of Samut Sakhon due to a new surge in Covid-19 infections will cause about 1 billion baht a day in economic damage, says Amphai Harnkraiwilai, chairwoman of the Samut Sakhon Chamber of Commerce. She said the province’s seafood industry with sales amounting to 400 to 500 million baht a day, as well as […]
Read MoreThe annual rate of inflation in Myanmar, based on the Consumer Price Index, continued dropping to 5.21 per cent in October 2020 as consumer price fell amid the COVID-19 impacts, according to the inflation report released by the Central Statistical Organization, under the Ministry of Planning, Finance and Industry. There was a slump in consumer […]
Read MoreThailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand. The central bank’s comments follow the release of a US Treasury Department report that placed Thailand on the “monitoring list” of 10 countries labelled potential currency manipulators. […]
Read MoreThe General Department of Taxation is set to launch a Property Tax App soon, according a senior official of the General Department of Taxation. Director-General Kong Vibol announced the app during a GDT Special Live Show that provided an update on the tax department’s activities, saying it has already been developed. Prior to its release […]
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