Thai economic growth in the fourth quarter of 2016 is expected to be slower than the previous quarter’s 3.2% year-on-year growth, but most economists polled see 2016’s growth achieving the Bank of Thailand’s 3.2% forecast. Southeast Asia’s second-largest economy was expected to grow 2.8% during the three months to December, lower than the annual 3.2% gain […]
Read MoreAlthough Vietnam’s exports to China in the first month of 2017 surged nearly 40 per cent, trade deficit with the Chinese market remained high at US$2.45 billion. The Ministry of Industry and Trade reported that Vietnam’s exports to China increased by 38.6 per cent to $1.85 billion while its imports from the country rose by 9.3 per cent to $4.3 […]
Read MoreSINGAPORE – Singapore’s international visitor arrivals rose 7.7% last year to a record 16.4 million, helped by more travellers from China, India and Indonesia, but the tourism board forecast a slower pace of growth for 2017. Tourism receipts rose 13.9% to an all-time high of S$24.8 billion, the Singapore Tourism Board (STB) said, based on preliminary […]
Read MoreCambodia’s third annual River Festival will be held near the Laos-Cambodia border this year, with the Tourism Ministry organizing a wider tour through the two countries to coincide with the event, the ministry announced on Tuesday. Chea Bora, a secretary of state at the ministry, said the festival would be held from March 24 to […]
Read MoreThe Thai Retailers Association (TRA) expects the retail sector to grow in a range of 3-3.2% this year as the economy improves. TRA president Jariya Chirathivat said positive factors driving retail growth include the government’s infrastructure investments, development of the Eastern Economic Corridor and special economic zones. The increase of the fiscal budget by 190 […]
Read MoreThe number of cars of nine seats and less imported from Thailand and Indonesia soared in January, sparking fierce competition between importers and local automakers. According to figures released by the Vietnam Customs Office on Monday, Vietnam imported 3,408 cars from the two countries in January, accounting for 62.8 per cent of total imports of […]
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