The National Economic and Social Development Board (NESDB) has reported positive developments in income and labour productivity in the fourth quarter and for the whole of 2016. Employment in the agricultural sector declined in the fourth quarter of 2016 as cultivation had to be postponed because of farming areas damaged by floods. Employment in the […]
Read MoreJAKARTA (Xinhua) – Indonesia will benefit from China’s economic growth and transition amid massive global uncertainties, Indonesian experts told Xinhua. Indonesian economist Yudhoyono Firmanzah, a special adviser for economic affairs to Indonesia’s former President Susilo Bambang, said that China’s economy, which grew 6.7 per cent last year, was the biggest contributor to world growth. Yudhoyono, […]
Read MoreJust 40% of the country’s 2.6 million small and medium-sized enterprises (SMEs) have agreed to enter the single-account scheme despite carrot-and-stick measures in place for a year, says Prasong Poontaneat, director-general of the Revenue Department. The department has tried to prod SMEs into adopting a single account instead of the two or three accounts used […]
Read MoreSET-listed industrial conglomerate Siam Cement Group (SCG) has paid 5.46 billion baht for a 100% stake in a Vietnamese cement producer. President and chief executive Roongrote Rangsiyopash said the acquisition was done via SCG Cement-Building Materials Co Ltd, a wholly-owned subsidiary of SCG. It paid 5.46 billion baht to acquire all shares in Vietnam Construction […]
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Thailand
