French firms urged to seize opportunities from China’s development
President Xi told delegates to the meeting that China is working to steadily expand institutional opening-up, ease market access and shorten the negative list for foreign…
Business
Is Vietnamese dong’s depreciation worth worrying?
It is forecast that the pressure on exchange rate will be eased with the depreciation of dong against US dollar might be around 3 per cent by the end of the year. Compared to…
Inflation casts shadow over hunt for cheap Philippine shares
The upcoming inflation data is expected to largely influence the local stock market as anxiety continues to grip traders despite easing Middle East tensions and some listed…
China’s love affair with luxury goods boosts growth of sector
The Chinese hunger for goods from high-quality, prestigious brands has significantly buoyed LVMH's sales, reflecting broader trends in global luxury consumption, according to…
Domestic spending carries Indonesia GDP through weak global economy
Household spending was mainly driven by low inflation and increased economic activity during Ramadan, as well as by Idul Fitri bonuses and civil servant pay raises.
Bhutan invests USD 539 million on cryptocurrency
The majority of cryptocurrency Bhutan mines are Bitcoin (BTC), followed by small allocations for mining Ethereum.
New-age teas bubble up toward a boom in China
According to a report, as of Aug 31, there were roughly 515,000 new-style tea beverage outlets in the country, up 36 percent from the level at the end of 2020.
Vietnam records 8 million tourists during five-day holiday, up 18% year-on-year
Of the tourists, 3.6 million stayed overnight and the average room occupancy at accommodation establishments nationwide was up to 70 per cent, or even 100 per cent in some coastal…
Bangladesh economy facing a 3-pronged challenge
Persistent high inflation, high debt burden and slow economic growth are the three challenges facing the economy, noted economist Debapriya Bhattacharya said.
Huawei sees big potential in ASEAN’s shift to digital economy
“Many countries in the region, like Thailand, Singapore, Indonesia and Malaysia, are introducing national AI strategies and action plans for a digital and intelligent future,”…