HANOI — The finance, banking and insurance industry expanded 7.89 per cent in the first nine months of this year, the highest level recorded in the past seven years. Reports of the General Statistics Office (GSO) revealed that the growth rate of the industry was 6.99 per cent in 2011, 5.97 per cent in 2012, […]
Read MoreA government prakas that requires all businesses to post prices of their goods and services in the local riel currency has had little impact on pricing practices, with the vast majority of businesses in Cambodia continuing to quote prices in US dollars and authorities showing little resolve to enforce the decree. The Ministry of Commerce […]
Read MoreA series of digital trade shows and activities are being lined up to capitalise on the booming digital economy in Thailand and across Southeast Asia. Starting from this month, Thailand Convention and Exhibition Bureau (TCEB) will kick off its “Empowering Thailand Exhibition”, or Emtex, a year-round initiative specifically to strengthen business events in domestic market. […]
Read MoreThe World Bank’s economists have advised the government to take concrete measures to ensure that spending is as effective as possible in order to control public debt, which has risen far above an appropriate level. This year, public debt reached 70.5 percent of the country’s Gross Domestic Product (GDP), up from the 68.1 percent recorded […]
Read MoreEven though demand is rising, condominium rentals for foreigners have decreased by 10 percent this year, Dr Htoo Myat Naing from Estate Myanmar told The Myanmar Times on October 9. “Previously, rentals were increasing or stable. The decreasing [rentals] this year is happening for the first time. I don’t foresee it climbing back up. This […]
Read MoreTEMPO.CO, Jakarta – Investment Coordinating Board (BKPM) chief Thomas Lembong has called for foreign direct investment in new tourist destinations that are currently being developed by the government. He said that investment in the sector would be profitable. Thomas said that investors who have invested in Bali in the past ten years in hotels, resorts and villas […]
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Thailand
