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Covid-19 measures will be tightened again from Thursday (July 22) to Aug 18, as the city-state tries to stem a spike in community cases. Singapore is scaling down social gatherings to a maximum of two and banning dining out amid a spike in Covid-19 infections…
HSBC expects Vietnam’s economy to face challenges related to foreign exchange and interest rates in the second half of this year. Ngo Dang Khoa, head of global markets at HSBC Vietnam, said recent outbreaks of Covid-19 have sparked worries about production…
Speaking at the opening address of the ATxSummit, Singapore Deputy Prime Minister and Coordinating Minister for Economic Policies, Mr Heng Swee Keat announced that Singapore will be stepping up investments to unlock the full potential of the digital…
Singaporean lender United Overseas Bank (UOB) forecast Vietnam’s GDP would grow by 6.7 percent this year. It said Vietnam’s economic growth trajectory remained on track, with exports in the first five months growing 35.5 percent year-on-year, while imports…
The republic lost its crown to rival financial hub Switzerland in IMD’s latest «World Competitiveness Rankings,» as it slipped to fifth place overall. Singapore fell behind Switzerland, Sweden, Denmark, and the Netherlands in competitiveness as the city-state…
A growing cluster of infections threatens to derail Singapore’s economic reopening, while expats in the country are growing restless from being cooped up on the island with no end in sight. Singapore’s Multi-Ministry Task Force is closely monitoring the…
A growing cluster of infections threatens to derail Singapore’s economic reopening, while expats in the country are growing restless from being cooped up on the island with no end in sight. Singapore’s Multi-Ministry Task Force is closely monitoring the…
According to the IMF’s World Economic outlook, the global economic climate is becoming increasingly brighter. For example, global growth of 6% is now projected for 2021, with this incrementally higher than the previous forecast offered in October last year,…
Experts say the government will find it difficult to rein in inflation this year as surging food and materials prices hurt citizens and businesses. Loan and her husband in HCMC’s District 5 spent around VND120,000- 200,000 ($5.22-8.70) per day last month on…
Following consecutive quarters of recovery, the latest setback means that Singapore’s full-year target of 6 percent GDP growth is unlikely. Hopes for a second-quarter expansion in Singapore’s economy have been dashed by a resurgence in the Covid-19 virus that…
The share issuance value of listed companies as of mid-April this year was more than 1.6 times that of 2020 as businesses seek to expand operations. As of April 13, 54 listed companies have announced plans to issue more shares this year to raise nearly…
The Business Climate Index of European companies in Vietnam has climbed back to near pre-pandemic levels amid the economic recovery. It rose 10.3 percentage points in the first quarter from the previous quarter to 73.9 percent, according to a survey released…
China launched an antitrust investigation into food delivery giant Meituan, the market regulator said on Monday, the latest target in a crackdown on the country’s sprawling internet platform economy. The State Administration for Market Regulation (SAMR) said…
In response to the business community’s call for looser quarantine measures and a roadmap for reopening, the Hong Kong government remained insistent that the current status quo will remain until local vaccination rates rise significantly. The Hong Kong…
Forty-five percent of Vietnamese are worried about losing their jobs to machines in the future, a survey has found. Most respondents, 83 percent, think technology would change their jobs in the next 3-5 years, and 90 percent think that would happen in the…
The World Bank will provide Vietnam with $86.3 million to support the development of a commercial financing market for investing in industrial energy efficiency. The provision includes a $8.3 million grant used to build private sector capacity to execute…
