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economic growth
Consumers' belt tightening hits businesses

Consumers' belt tightening hits businesses

Dang Hoang of HCMC has been cutting back on discretionary purchases like dining out, coffee and branded clothing since the beginning of this year.
Big firms lack money, small ones lack orders: finance minister

Big firms lack money, small ones lack orders: finance minister

Trade surplus hits $8.4B in four months

Trade surplus hits $8.4B in four months

Indonesia may offer dual citizenship to attract overseas workers, minister says

Indonesia may offer dual citizenship to attract overseas workers, minister says

Indonesia may offer dual citizenship to people of Indonesian descent to entice more skilled workers into the country, a senior cabinet minister said on Tuesday.
April 30, 2024 | 03:04 pm PT
Malaysia sees increased number of young millionaires

Malaysia sees increased number of young millionaires

The number of young millionaires in Malaysia is on the rise, with a 75% increase in millionaires aged 30 and under recorded in 2022.
April 22, 2024 | 03:25 pm PT
Malaysia plans Southeast Asia's largest integrated circuit design park

Malaysia plans Southeast Asia's largest integrated circuit design park

Malaysia plans to build Southeast Asia's largest integrated circuit design park and will offer incentives including tax breaks, subsidies and visa exemption fees to attract global tech companies and investors, the government said on Monday.
April 22, 2024 | 03:24 pm PT
China's Q1 GDP grows 5.3% year-on-year, well above forecast

China's Q1 GDP grows 5.3% year-on-year, well above forecast

China's economy grew 5.3% in the first quarter year-on-year, official data showed on Tuesday, comfortably beating analysts' expectations, a welcome sign for policymakers as they try to shore up demand and confidence in the face of a protracted property crisis.
April 15, 2024 | 06:43 pm PT
European businesses' confidence in Vietnam hits two-year high

European businesses' confidence in Vietnam hits two-year high

The European Chamber of Commerce Vietnam (EuroCham) on Monday released the Business Confidence Index (BCI) for the first quarter of 2024, saying that the index reached 52.8 points - the highest level since 2022.
April 8, 2024 | 07:06 am PT
HSBC forecasts revival in consumer demand

HSBC forecasts revival in consumer demand

After a bleak 2023, consumer demand is expected to pick up this year, according to lender HSBC.
February 11, 2024 | 05:49 am PT
Vietnam economy ready to bounce back: Citi Vietnam

Vietnam economy ready to bounce back: Citi Vietnam

Vietnam seems to have overcome its biggest economic challenges last year and is now ready to recover, according to Ramachandran A.S., country head of lender Citi Vietnam.
February 3, 2024 | 04:00 pm PT
Indonesia targets 1,000 foreigners via 'golden visa' program

Indonesia targets 1,000 foreigners via 'golden visa' program

The Indonesian government has set a target of attracting at least 1,000 investors through the “golden visa” program, part of an effort to attract high-quality talent and capital flows into this Southeast Asian country.
January 29, 2024 | 03:24 pm PT
Thai business group keeps 2023 growth forecast at 2.5%-3.0%

Thai business group keeps 2023 growth forecast at 2.5%-3.0%

Thailand's economy is expected to grow 2.5% to 3.0% this year, unchanged from a previous forecast, a leading joint business group said on Wednesday.
December 6, 2023 | 02:23 am PT
Thailand offers 10-year visas for investors

Thailand offers 10-year visas for investors

Thailand will offer 10-year visas for investors in targeted businesses in its industrial eastern region to attract foreign investment, a deputy prime minister said on Friday.
November 24, 2023 | 06:51 pm PT
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.
November 20, 2023 | 03:16 pm PT
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
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