Consumer goods makers have expressed concern about tepid domestic consumption this year and are adjusting their strategy to cope. Leading consumer brands such as Lactasoy soymilk, Mama instant noodles, Morakot palm oil and Koh-Kae snacks agree consumer spending power was weak in the first quarter of 2017. Jariya Chirathivat, president of the Thai Retailers Association, […]
Read MoreTEMPO.CO, Jakarta – The Governor of Bank Indonesia Agus Martowardojo predicts a slightdecline in commodity prices next year. It would have an impact on the government’s economic growth target of 5.4-6.1 percent set out in draft 2018 state budget. “We expect consolidation of real sector, corporations and banks to be concluded so that 2018 could […]
Read MoreAll local food products have to be labeled to ensure quality and safety, according to officials from the Food and Drug Administration (FDA). According to the FDA, producers and those found selling food products without labels would face action starting from the end of June. The FDA had announced that due to safety considerations, all […]
Read MoreThai exports expanded for a second straight month in April, boosted by the global economic recovery and higher prices for farm products and oil. The Commerce Ministry yesterday said customs-cleared outbound shipments rose by 8.5% year-on-year in April to UScopy6.9 billion after a 9.2% jump in March. “Shipments fared well in almost all markets,” said […]
Read MoreThe Vietnamese government is adamant that it will be able to meet an economic growth target of 6.7 percent for this year, despite outlooks suggesting the real rate might be much lower. After the opening of the third session of the 14th lawmaking National Assembly on Monday, Prime Minister Nguyen Xuan Phuc convened an urgent […]
Read MoreIndonesia says several Vietnamese fishing vessels escaped its waters following a show of force by Vietnam’s coast guard in the South China Sea. Indonesia’s Maritime and Fisheries Ministry said Tuesday that Vietnam is holding an Indonesian fisheries officer, who was aboard one of the Vietnamese vessels, and Indonesia has 11 Vietnamese crew members in its […]
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Thailand
