Cambodia needs to support its own development and can expect a cutback in grants, soft loans and highly favourable trade privileges as it graduates from a low-income country to lower-middle income nation, according to Commerce Minister Pan Sorasak yesterday. “We will have issues when the country moves up the income ladder and because of that […]
Read MoreKUALA LUMPUR: RHB Research Institute says in its latest economic update that it expects private investment to grow at an increased pace of 7.7% year-on-year (Y-o-Y) in 2017, from 4.3% last year, underpinned by ongoing construction of infrastructure projects and a pickup in exports. This comes following an increase in the Malaysian Institute of Economic […]
Read MoreThe Thai National Shippers’ Council (TNSC) has revised the 2017 export growth forecast up to 5% from its previous forecast of 2.5-3.5%, as exports rose in the second quarter of the year, indicating recovery in major importing countries. TNSC chairwoman Ganyaphad Tantipipatpong said strong demand has lifted export growth substantially, with shipments in June growing 11.7% […]
Read MoreThailand is likely to export 11 million tonnes of rice this year, higher than its target, Commerce Minister Apiradi Tantraporn said on Wednesday. “Thailand is negotiating rice deals with many countries such as Sri Lanka and Bangladesh,” Ms Apiradi told reporters. “This will help improve Thai rice prices and push our export volume up to 11 million tonnes,” she said. Thailand, the […]
Read MoreBanteay Meanchey provincial authorities plan to create a new border crossing into Sa Kaeo to alleviate heavy traffic at the Poipet checkpoint and also offer migrant workers a new, legal passageway into Thailand. Officials held a meeting at the provincial hall on Monday to discuss opening a new border crossing in Ou Chrov district, the Khmer […]
Read MoreTEMPO.CO, Jakarta – The rupiah was trading stronger by 10 points to Rp13,314 per US dollar in Jakarta interbank market this morning. Samuel Sekuritas economist Rangga Cipta said today that the rupiah is getting stronger against US dollar as the Central Statistics Agency (BPS) releases July inflation figures that remain steady. “Despite lower inflation due to weakened consumer purchasing power, the market has responded positively,” he said. The BPS records 0.22 inflation rate in July. As such, 2017 year to […]
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Thailand
