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Canada weighing tax changes to target short-term rentals like Airbnb, says minister

Canada weighing tax changes to target short-term rentals like Airbnb, says minister

The Canadian government is considering tax changes for short-term rentals to make services like Airbnb less lucrative in an effort to increase the supply of homes, Housing Minister Sean Fraser said on Monday.
Fitch Ratings optimistic about Vietnam's economic growth

Fitch Ratings optimistic about Vietnam's economic growth

Credit ratings agency Fitch Ratings on Thursday forecast Vietnam’s GDP growth to accelerate to 6.3% in 2024 and 7.0% in 2025.
November 10, 2023 | 10:51 pm PT
Visa exemptions yet to prove effective for Thailand's tourism

Visa exemptions yet to prove effective for Thailand's tourism

Despite the offer of visa exemptions, the numbers of Chinese, Taiwanese and Indian tourists to Thailand have yet to record a quick recovery because of several economic factors, according to Thai tourism operators.
November 10, 2023 | 03:32 pm PT
Standard Chartered lowers Vietnam's growth forecast

Standard Chartered lowers Vietnam's growth forecast

Standard Chartered has amended its economic growth forecast for Vietnam to 5% from the earlier 5.4%.
October 24, 2023 | 07:16 pm PT
EU firms' confidence in Vietnam increases again: EuroCham

EU firms' confidence in Vietnam increases again: EuroCham

The Business Confidence Index of European companies in Vietnam nudged up to 45.1 in Q3, from 43.5 the previous quarter.
October 9, 2023 | 12:42 am PT
Singapore govt announces additional $802M to ease cost of living

Singapore govt announces additional $802M to ease cost of living

Singapore's finance ministry on Thursday announced an additional S$1.1 billion ($802 million) to help households handle increases in the cost of living.
September 28, 2023 | 10:50 pm PT
HCMC economy grows 4.57% in 9 months

HCMC economy grows 4.57% in 9 months

Ho Chi Minh City’s gross regional domestic product (GRDP) grew 6.71% between July and September, bringing total growth in the first nine months to 4.57%.
September 28, 2023 | 05:16 pm PT
Experts fear 6.5% GDP growth target a bridge too far

Experts fear 6.5% GDP growth target a bridge too far

Economists cap Vietnam’s GDP growth this year at 6%, well short of the government’s target of 6.5%.
September 20, 2023 | 12:52 am PT
Thailand to roll out more populist policies this year: PM

Thailand to roll out more populist policies this year: PM

Thai Prime Minister Srettha Thavisin said on Monday his government will be rolling out more policies by the year's end to lower living costs, including gradually reducing electricity prices and raising the minimum daily wage.
September 18, 2023 | 04:36 pm PT
Weak external demand slowed Vietnam's H1 GDP growth: UOB

Weak external demand slowed Vietnam's H1 GDP growth: UOB

Suan Teck Kin, UOB's Head of Research, predicted that H2's external demand is likely to stay soft and might recover thanks to the launch of new electronic products.
September 5, 2023 | 09:30 pm PT
Vietnam’s economic growth projected to rebound from 2024

Vietnam’s economic growth projected to rebound from 2024

Vietnam’s economic growth is likely to rebound in 2024 and 2025, according to Dorsati Madani, Senior Economist at the World Bank (WB).
August 14, 2023 | 01:43 am PT
China's economy facing 'new difficulties' as post-Covid recovery loses steam

China's economy facing 'new difficulties' as post-Covid recovery loses steam

China's top leaders said the Chinese economy was facing "new difficulties and challenges" in a meeting of the 24-person Politburo on Monday.
July 24, 2023 | 05:11 pm PT
'Artificially high' growth predicted for China in Q2: survey

'Artificially high' growth predicted for China in Q2: survey

China's economic growth is expected to have surged in the second quarter, an AFP survey has forecast, but analysts say Monday's figures will be misleadingly inflated given the low base of comparison with pandemic-wracked 2022.
July 14, 2023 | 06:08 pm PT
Vietnam faces challenges in hitting growth targets

Vietnam faces challenges in hitting growth targets

The country is facing stiff obstacles in achieving growth targets of 6-6.5% this year due to a low base in the first half, the Minister of Planning and Investment said Tuesday.
July 4, 2023 | 01:22 am PT
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