Bangkok (NNT/VNA) - The Bank of Thailand has released its latest overview of the Thai economy, which it expects will grow more than 3 percent in 2021. Meanwhile the latest report by the National Economic and Social Development Council (NESDC) reports 2.4 percent growth in 2019, but has downgraded 2020 GDP growth to only 1.5-2.5 percent. These figures are lower than the previous expectations issued by the Bank of Thailand last December, when it expected 2019 to close with 2.5 percent growth, and foresaw 2020 GDP of 2.8 percent this year. The low performing economy is affected by the drought disaster, delay of the 2020 government budget, and the unexpected outbreak of COVID-19 since late January, which has been an extraordinary development beyond the expectations of any observer. The Bank of Thailand will be adjusting the new economic forecast on March 25, prior to which it will be monitoring the development and effects of the COVID-19 virus which has had a significant negative … [Read more...] about Bank of Thailand expects 3 percent economic growth in 2021
Vietnams economic growth
“Women entrepreneurs are true agents of change whose innovations can lift companies, communities, and countries,” she said, adding that governments, the UN, and the private sector are joining forces in this area to improve women’s and girls’ prospects in the region. … [Read more...] about UN launches project to boost women’s entrepreneurship in Vietnam
At present, pork-proportion in the Vietnamese “meat basket” accounts for 70 per cent of all kinds of meat. Based on this calculation, the Ministry of Agriculture and Rural Development has considered the need to restructure the livestock production in order to reduce the pressure on pig rearing. It is projected that the Strategy for animal rearing in the period between 2020-30 will soon be approved by the Prime Minister. In the strategy, the number of pig heads nation-wide will be reduced considerably while increasing the raising of other domestic animals and grass gracing animals. This is best way to achieve sustainable development of the Vietnamese livestock breeding. … [Read more...] about When will the pig raising restore to normal?
This release contains certain forward-looking statements that reflect Focus' current views with respect to certain current and future events. These forward-looking statements are and will be, subject to many risks, uncertainties and factors relating to Focus' operations and business environment which may cause future events to be materially different from these forward-looking statements or anything implied therein. Any forward-looking statements in this release are based upon information available to Focus on the date of this release. Focus does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized. Additional information on risk factors that could affect Focus may be found in Focus' filings with the Securities and Exchange Commission. … [Read more...] about Melbourne-Based MEDIQ Financial Services to Join Focus as a New Partner Firm Focus Continues Expansion in the Australian Wealth Management Market
Viettel continued its adventure in Africa. The company eyed one of the poorest countries in the continent – Mozambique. It established Movitel there, which has become the largest mobile operator with the most modern infrastructural network, best services and largest market share. Movitel has contributed significantly to changing the face of the country’s telecommunication industry as well as promoting its socio-economic development. In fact, Movitel has been universally seen as a “Miracle in Africa” and received six prestigious international prizes. … [Read more...] about Viettel and its success stories in foreign markets