Illustrative image (Photo: businesstimes) Singapore (VNA) – Southeast Asia’s GDP growth is likely to remain at 4.5 percent in 2020, amid high risks of a re-escalation in trade tensions between the US and China, according to the latest report produced by the British advisory firm Oxford Economics. Friction between the two countries remains high and the bulk of imposed tariffs are unlikely to be lifted anytime soon, said Sian Fenner, Oxford Economics lead Asia economist. The region has recorded sluggish performance in the third quarter of 2019, with its GDP growth rising only 4.5 percent year-on-year. Export-oriented economies have suffered the worst blow from the ongoing trade conflict, with Singapore only narrowly avoiding a technical recession in the third quarter of 2019. Due to the US-China trade war, trade uncertainty remains a key drag on manufacturing, exports and investment. The report expects the Philippines, Malaysia and Indonesia … [Read more...] about Southeast Asia’s GDP growth likely to remain at 4.5 pct in 2020
Ballot cricket world cup 2019
Tourists heading to Sa Pa for the snow
Snow has appreared on Fansipan Mount Peak in Sa Pa Town, northern mountain province of Lạng Sơn. — VNA/VNS Photo Quốc Khánh SA PA — Tourists are flocking to Sa Pa Town in the northern mountain province of Lào Cai to enjoy the first drops of snow due to a cold spell currently overwhelming the region. The cold started to hit Sa Pa and some others nearby localities including towns of Bắc Hà and Phố Ràng since the beginning of the month and was forecast to continue in the coming days. A group of tourists are enjoying the first drops of snow on the Fansipan Mount. — VNA/VNS Photo Quốc Khánh Snow has particularly covered Fansipan Mount, Việt Nam’s highest peak, 9km southwest of Sa Pa. As of Wednesday morning, local weather services were reporting temperatures dropped to 1.2 degrees Celsius in Sa Pa Town. Snow is covering over many areas in Sa … [Read more...] about Tourists heading to Sa Pa for the snow
US Open: here we go again
By Robert Bicknell Ahh, it’s almost time for the US Open again and that means it’s time to bash the USGA before the USGA bashes the “best players in the world” with a ridiculous course set up, but this year will be a little different because the USGA's Mike Davis has relinquished course-setup duties to John Bodenhamer, who has run USGA amateur championships since 2011. Davis is the genius who brought us such favorites as the mishandling of the Dustin Johnson ruling at Oakmont in 2016 and the ravaged greens at Chambers Bay in 2015, the set up which caused Phil Mickelson to temporarily lose his mind and intentionally hit a moving ball in last year’s US Open, the new rules for 2019, and its poor roll-out which resulted in severe mockery by the Tour players and, I’m sure, many amateurs as well. In a nutshell, the USPGA Tour players are not happy with the USGA by any stretch of the imagination and have actually considered boycotting the US Open … [Read more...] about US Open: here we go again