(KPL) The annual bilateral trade volume between the Lao PDR and Vietnam was recorded at more than US$820 million in 2016. Laos’ exports to Vietnam were estimated at US$345 million, while Vietnam’s exports to Laos reached US$478 million, according to a report at the Laos-Vietnam Trade Promotion and Business Matching Seminar held in Vientiane on […]
Read MoreKUALA LUMPUR: OCBC Bank has upgraded Malaysia’s gross domestic product (GDP) growth to 4.8% for 2017 from 4.2% earlier and on the back of growing global trade in the second half. In a note, OCBC said although the year began with concerns about the rise of protectionist politics in the developed world to impede global […]
Read MoreMANILA, Philippines – The economy stands to gain more from a depreciating peso, the Department of Finance (DOF) said. In an interview, Finance Secretary Carlos Dominguez said the Philippines is a net gainer from peso depreciation as the rise in revenue outpaces the increase in disbursements for every peso shed by the local currency against […]
Read MoreA new wave of retail investment is taking over the Eastern Seaboard with local and Bangkok operators jumping on the bandwagon of the government’s Eastern Economic Corridor (EEC) initiative. The EEC, spanning a combined 30,000 rai in Chon Buri, Rayong and Chachoengsao, is intended as a special zone for investment in 10 targeted industries promoted […]
Read MoreSINGAPORE – Private home prices in Singapore declined 0.3 per cent in the second quarter of 2017, easing slightly from the 0.4 per cent drop in the first quarter, according to flash figures released on Monday (July 3) by the Urban Redevelopment Authority (URA). This means that overall private housing prices have fallen for 15 […]
Read MoreAIRBNB threatens the hospitality industry without owning a single hotel; Uber disrupts the taxi industry without owning a car. In Myanmar, Kargo, a logistics start-up, aims to shake up the highly-fragmented logistics industry without owning a single truck. In an interview, George Oliver, the start-up’s chief business officer and Jamie Robinson, the chief financial officer, told The Myanmar Times how they seek […]
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Thailand
