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Thailand’s economy, one of the six largest in Southeast Asia, experienced sluggish growth in the second quarter, trailing behind its regional counterparts. The meager 1.9% growth rate, as compared to the first quarter’s 2.8% expansion, was largely influenced…
The U.S. dollar experienced a slight increase against the Vietnamese dong early Friday, while maintaining a stable position against other major global currencies. The uptick saw the dollar traded at VND26,270 by Vietcombank, reflecting a 0.08% rise from the…
Citi Research has increased its prediction for Vietnam’s GDP growth in 2026 to approximately 8%, motivated by the country’s better-than-predicted economic performance and sturdy exports. This new forecast was announced during Citi’s economic prospect seminars…
DayOne Data Centers, the Singapore-based data center operator, has announced its plans to file for a U.S. initial public offering (IPO). The move comes as the firm aims to raise approximately $5 billion, given the increasing demand for AI infrastructure.…
DHL Express, the global logistics company, has recently introduced a new direct flight service connecting Shanghai and Bangkok. This additional capacity expands a trade route that forms a critical link between China and the burgeoning economies of Indochina.…
The U.S. dollar experienced an increase against the Vietnamese dong on Wednesday morning while remaining largely stable against other major currencies. The greenback was sold at VND26,330 by Vietcombank, marking a slight increase of 0.04% from Tuesday’s rate.…
South Korean authorities have recently conducted a search at the main offices of Starbucks Korea. The search forms part of an ongoing inquiry into a contentious marketing campaign released earlier this year that led to extensive criticism. The campaign in…
Shein, the prominent quick-fashion retailer, is contemplating reducing the investment cost for some late-stage investors as it seeks an initial public offering (IPO) at a decreased valuation. This information has been revealed through filings at the Hong Kong…
Between April and June of this year, Singapore experienced a significant wave of layoffs, with approximately 4,500 workers losing their jobs. This figure represents the highest rate of retrenchment in over five years, showing a 17% increase from the prior…
In response to escalating costs associated with the Middle East conflict, the government of Singapore has announced its intention to provide each household with an additional allotment of Community Development Council (CDC) vouchers, valued at SGD 300 (USD…
Fast-fashion online retailer, Shein, recently disclosed that its US operations are currently under investigation by the US Federal Trade Commission (FTC). This news comes from documents related to its intended Hong Kong initial public offering (IPO),…
In the wake of a record-breaking first half of the year, bulk homebuyers are anticipated to continue to be a significant influence in Hong Kong’s primary residential market throughout the second half of the year. The strong rental demand, particularly from…
In the first half of 2026, Ho Chi Minh City (HCMC) received over $4 billion in remittances, marking a considerable decrease of almost 23% compared to the same period in the previous year. Factors contributing to this downward trend include a sluggish global…
The U.S. dollar saw an incremental increase against the Vietnamese dong in the unofficial market on Thursday morning. Independent exchange centers traded the U.S. dollar 0.19% higher, at VND26,380, while Vietcombank maintained its rate at VND26,500. Global…
Gold prices in Vietnam experienced a notable decline on Thursday, marking their lowest level since the 11th of June. The downturn continued from the morning into the afternoon session, reflecting a trending decrease in gold prices throughout the year. Trends…
JD.com, the powerful e-commerce platform based in China, has been officially notified of regulatory apprehensions related to their proposed $2.5 billion acquisition of the German electronic retailer, Ceconomy. This development could potentially necessitate…
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