Thailand’s economic growth is expected to expand by 3.7-4% during the three months to September mainly because of stronger growth in exports and tourism, say economists. Charl Kengchon, managing director of Kasikorn Research Center (K-Research), forecast the economy grew 3.8% year-on-year during the third quarter, up from 3.7% in the second quarter. “The stronger growth […]
Read MoreLow cost of funds, favourable demographics and growing consumption trends across the region are factors that will continue to boost cross-border mergers and acquisitions (M&A) activity in the region, says Michael Niederberger, head of corporate finance and M&A for ING in Asia. Niederberger: Firms looking abroad After record activity last year, growth has somewhat tempered […]
Read MoreHANOI — The country’s total import-export turnover in the first nine months of the year reached more than US$308.3 billion, posting a 21.3 per cent year-on-year increase, according to the General Department of Customs. The export turnover in the period between January and September posted a 19.8 per cent rise to $154.3 billion, compared with […]
Read MoreCambodia and Thailand will sign a Memorandum of Understanding (MoU) on cross-border trade in early November to comply with Thailand’s new customs law, which is due to come into effect on November 13. The announcement of the new MoU comes after the prime ministers of both nations, meeting during the Third Cambodia-Thailand Joint Cabinet Retreat […]
Read MoreThe government is considering the establishment of exclusive industrial parks for Chinese firms planning to locate in the Philippines, a Cabinet official said. Socioeconomic Planning Secretary Ernesto Pernia said the idea was brought up by prospective investors during a recent non-deal roadshow conducted by Cabinet officials in China. “There were expressions of interest in setting […]
Read MoreThe outstanding gold debt owed by private gold mining firms to the government as at September 30, 2017 is 14,121.32 ticals, U Ohn Win, Union Minister for National Resources and Environmental Conservation reported at the Pyithu Hluttaw held on October 19. In Myanmar, 1 tical is equivalent to 16.34 grams. Those debts are to be […]
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Thailand
