TEMPO.CO, Jakarta – Bank Indonesia Governor Agus Martowardojo said that deflation and low core inflation do not necessarily indicate weak consumer spending. On the contrary, he said, they reflect the government’s success in controlling price. “Core inflation does not represent weak consumer spending,” he said yesterday at the Presidential Palace. The Central Statistics Agency (BPS) reports that […]
Read MoreForeign Affairs Minister Prak Sokhonn yesterday met his Lao counterpart Saleumxay Kommasith to discuss how to resolve remaining issues along the border between the two countries. The talks came four days after Prime Minister Hun Sen and Lao Prime Minister Thongloun Sisoulith met on the matter and agreed on four points to resolve disputes along […]
Read MoreHANOI — The Global Alliance for Trade Facilitation (GATF) will help Vietnam to establish a customs bond system – part of the country’s efforts to modernise and reform administrative procedures relating to import and export. The GATF and the Vietnam Private Sector Forum (VPSF) launched their joing project on customs bond last Friday, aimed at […]
Read MoreCambodia and Laos have agreed to create a joint committee to solve a long-running border dispute between the two countries, officials announced yesterday. Cambodian Foreign Affairs Minister Prak Sokhonn and his Laotian counterpart Saleumxay Kommasith made the announcement at a press conference at the Ministry of Foreign Affairs after two days of meetings. According to […]
Read MoreKUALA LUMPUR: Johor ruler Sultan Ibrahim ibni Almarhum Sultan Iskandar has increased his stake in convenience store operator 7-Eleven Malaysia Holdings Bhd to 9.22%. Filings with Bursa Malaysia showed he had acquired an additional 2.44 million shares on Aug 28 to 30. The latest acquisitions increased his shareholding in 7-Eleven to 102.40 million shares. Shares of 7-Eleven […]
Read MoreThe retail industry has seen a slowdown in its pace of growth in the past year. On a global level, retail expansion went from a 3.1% increase of new retailers in 2015 to a 2% increase in 2016. While the Asia-Pacific region remains a popular choice for retail expansion, there was a 16% year-on-year decrease […]
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Thailand
