January 25, 2012
Property projects under construction seen from a high-rise building in downtown Ho Chi Minh City Many companies in Vietnam were dealt a harsh blow by the real estate market slump last year. Singapore property developer Keppel Land, though not completely untouched, has weathered the downturn well. Linson Lim, President of Keppel Land Vietnam, is [...]
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January 25, 2012
Property projects under construction seen from a high-rise building in downtown Ho Chi Minh City Many companies in Vietnam were dealt a harsh blow by the real estate market slump last year. Singapore property developer Keppel Land, though not completely untouched, has weathered the downturn well. Linson Lim, President of Keppel Land Vietnam, is [...]
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January 14, 2012
There has been a fair amount written recently about various institutional cartels that are thriving in the US despite antitrust laws designed to prevent their existence. My previous column compared Wall Street’s few remaining investment banks to a cartel, with explicit pricing power over its hundreds of thousands of customers, an advantage that will [...]
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May 31, 2011
Japan’s economy offered more signs of recovery from the deadly March earthquake on Tuesday, but Moody’s ratings agency warned both growth and government action may fall short of what is necessary to bring Tokyo’s ballooning debt back under control. Industrial output rose 1 percent last month after a record plunge immediately after the magnitude [...]
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March 2, 2011
President Barack Obama responds to a question during a news conference at the White House in Washington February 15, 2011. The House of Representatives on Tuesday voted to extend government funding for two more weeks, a move that would avert a federal shutdown but do nothing to resolve a bitter debate over the federal budget. [...]
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December 7, 2010
East Asia will post slower growth next year due to a wobbly US recovery, the Asian Development Bank (ADB) warned Tuesday, adding that greater exchange rate cooperation could help safeguard the region. The fragile US economy and phasing out of economic stimulus has weakened the outlook for East Asia, with growth expected to shrink [...]
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February 6, 2010
LookAtVietnam – January saw positive signs for Vietnam’s foreign trade activities thanks to the progressive recovery of world prices and demand. According to the Ministry of Industry and Trade (MoIT), Vietnam’s exports in January enjoyed strong growth rates from the post-crisis period, reaching $4.9 billion, up 28.1 per cent compared to the corresponding period last [...]
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January 31, 2010
Workers at an apparel factory in Ho Chi Minh City. The global economic recovery currently underway will slow down later this year and the process remains fragile, the World Bank has cautioned. In its âGlobal Economic Prospects 2010â report released Wednesday, the bank says the slowdown will happen on the back of the waning impact [...]
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January 28, 2010
The International Monetary Fund (IMF) said Tuesday the global economy is recovering faster than previously anticipated and will grow 3.9 percent this year and 4.3 percent in 2011. The IMF said it had revised upwards its earlier forecast for global growth by 0.75 percentage point from the October 2009 forecast.RECOVERY SLUGGISH IN ADVANCED ECONOMIESBut the [...]
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January 26, 2010
A woman walks at the shopping quarter in Ho Chi Minh City downtown. Surrounded by shelf upon shelf of brightly colored candy boxes, Tran Quynh Hoaâs shopping cart was already full. But that didnât stop her from selecting two more boxes of chocolates and placing them precariously atop her haul of fruits, rice, and confectionaries.âIâm [...]
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