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Standard Chartered Bank has revised its economic growth forecast for Vietnam this year from an initial prediction of 6.1% to a more promising 7.5%. In its most recent macroeconomic report, Standard Chartered also adjusted its growth prospect for the country…
The US Dollar’s Fluctuating Performance Against Foreign Currencies The US dollar experienced a decline against the Vietnamese dong on Monday morning, while it simultaneously reached its most robust position in over two weeks against the Japanese yen. The…
Jollibee Foods Corporation (JFC), a leading global fast-food company, has reported a 5.6% year-on-year rise in the second quarter’s attributable net income, reaching $57.78 million. This increase was primarily fueled by robust gains from the firm’s overseas…
Profitability at Bank Tabungan Negara (BTN) is projected to dip to between 0.55% and 0.65% by 2025, largely due to increased credit costs even as net interest margin (NIM) shows signs of improvement. The Indonesia-based bank, while boasting a strong capital…
In an exciting turn of events for investors, Vietnam’s benchmark VN-Index soared by 1.26% to close at 1,283.26 points on Monday, marking the highest trading activity the market has seen in the last two weeks. The index rebounded 15.96 points after a dip in…
UK fashion house Ted Baker has slumped into the red in the first half of the year, its position not helped by a 15.2-per-cent fall in sales in Asia. Global revenue was down by a more modest 0.7 percent (or by 2.5 percent in constant currency) to £303.8…
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