Foreign funds worth 40 billion baht have flowed into Thailand, believed to be for an acquisition deal for a large company, says a currency dealer. The massive fund inflow has strengthened the baht at a faster pace than other currencies in the region, said the dealer, who requested anonymity. According to recent local media reports, […]
Read MoreCommunity tourism projects struggle to market their products and services, according to speakers at the Communities and Tourism Conference held in Nay Pyi Taw on June 13-14. The event was organised by Hanns Seidel Foundation (HSF), Myanmar Centre for Responsible Business (MCRB) and Myanmar Responsible Tourism Institute (MRTI). Existing community tourism projects, new initiatives, tour […]
Read MoreThe tax department has stepped up its use of audits to scour through the filings of companies and individuals and penalise those deemed to be evading or misreporting their taxes, foreign investment advisory and tax firm DFDL Cambodia warned yesterday. Speaking at a workshop organised by the firm in Phnom Penh, Clint O’Connell, head of […]
Read MoreJAKARTA (Reuters) – Indonesia’s economic spirits are rising judging by the line of women outside a packed Furla bag shop for a traditional midnight Ramadan sale at a Jakarta mall. The Muslim holy month, due to end in late June, is half over, and how much shopping Indonesians do during Ramadan is regarded as a […]
Read MoreDairy giant Vinamilk is the only Vietnamese company to land a spot on latest Nikkei Asian Review’s Asia300, an exclusive list of the most powerful and valuable listed companies in the region. The Southeast Asian country’s largest dairy producer, officially named Vietnam Dairy Products, ranked eighth on the list, rubbing shoulders with such regional giants […]
Read MoreExpanding air traffic to the region could lead to lost travel opportunities for Thailand in the future as tourists fly directly to Cambodia, Laos, Myanmar and Vietnam (CLMV), say foreign tourism buyers at the Thailand Travel Mart Plus in Chiang Mai yesterday. Travel to the Mekong region is growing thanks to greater air access and […]
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