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economic growth
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HSBC forecasts revival in consumer demand
After a bleak 2023, consumer demand is expected to pick up this year, according to lender HSBC.
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.
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%
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 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
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
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
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 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
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'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
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
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
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
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
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