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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…
Standard Chartered has increased its projection for Vietnam’s economic growth in 2026 to 9.5%, a considerable increase from its previous estimate of 7.2%. This revision comes on the heels of Vietnam’s robust economic performance in the first half of the year,…
The retail sector in Hong Kong experienced a healthy growth in May, a trend that is anticipated to sustain, given the positive economic climate. Data from the Census and Statistics Department reveals a 7.9% year-on-year increase in retail sales, reaching…
In the most recent 2026 IMD World Competitiveness Ranking, Malaysia’s standing significantly improved, moving up eight spots to claim the 15th place. This notable advancement represents the country’s greatest leap in recent years. The International Institute…
Chinese e-commerce powerhouse, PDD Holdings, recently experienced a significant drop in first-quarter profits along with revenues falling short of projections. This is largely attributed to a sluggish economy dampening demand for their domestic operations.…
JD.com, a major player in the Chinese e-commerce sector, has surpassed first-quarter revenue and profit expectations, provoking interest among investors about the role of Beijing’s subsidy program in maintaining this positive trend amidst rising tariffs and…
Hong Kong’s robust economic performance earlier this year has culminated in an improved financial forecast from HSBC, despite minimal influence from the Middle East conflict. Bright Economic Outlook and Impacts of Conflict HSBC’s Global Investment Research…
Despite geopolitical tensions affecting the Middle East, Hermès, the renowned French luxury fashion brand, has reported a strong performance in its Q1 sales. The company’s consolidated revenue stood at €4.1 billion (US$4.8 billion) for the quarter ending…
The economic future of Thailand is currently shrouded in uncertainty as the continuing conflict in the Middle East places significant strain on global energy markets. This has compelled authorities to revisit growth projections and caution about escalating…
The National Assembly (NA) of Vietnam has sanctioned the reduction of all fuel-related taxes to zero until June 30, in a move to mitigate price pressures, stabilize markets, and bolster economic resurgence in the face of global energy instability. This means…
According to the Coordinating Minister for Economic Affairs, Airlangga Hartarto, Indonesia possesses the potential to rank among the top five global economies by the year 2050 provided it continues its current growth trajectory and structural reformation…
Despite global economic instability and the strain of domestic living costs, Australia’s food and beverage manufacturers experienced a surge in revenue during last summer, according to the most recent Manufacturing Health Index published by Unleashed…
On Monday afternoon, gold prices in Vietnam witnessed a minor recovery following a more than 1% decline earlier in the session. After a challenging morning period, the Saigon Jewelry Company reported a 0.55% rise in their gold bar price, bringing it to…
Yoshihisa Tawara, a Japanese business owner, is taking measures to improve benefits for his Vietnamese employees in order to secure their continued employment. Tawara’s concerns arise from the fear that rapid economic development in Vietnam, combined with an…
The current solid economic situation is predicted to lead to a rise in the cost of business class travel during the year. Meanwhile, the prices for economy class are projected to stay relatively steady, according to market experts. American Express Global…
Thailand’s mission is to provide universal access to affordable and dependable internet services, a goal reflective of a broader international accord. Over the past ten years, the nation has shifted from planning to action, spearheading campaigns such as the…
