The private sector has voiced concerns about the stronger baht, which recently hit a 31-month high, saying it could hurt exports and tourism as well as the overall Thai economy. Some businesses have demanded new measures from the Bank of Thailand to curb the baht’s rise. The Thai National Shippers’ Council (TNSC) estimates that the […]
Read MoreThe Hanoitimes – The central Quang Tri Province considers success of investors to be its own success so that it commits to create the most favorable conditions for investors, Nguyen Van Hung, Secretary of the provincial Party Committee, said. Quang Tri currently attracts 330 domestic and foreign investment projects with the total registered capital about VND69.52 […]
Read MorePETALING JAYA: Malaysia’s trade performance in October saw the country hit its highest trade surplus in about 18 months with exports crossing the RM80bil mark for the third time this year. The jump in the trade performance comes after the Nikkei Malaysia manufacturing purchasing manager’s index in November hit its highest point since April 2014 […]
Read MoreConstruction of a multi-billion-dollar oil refinery in the south of Dawei has been cancelled after an investor in the project ran into financial constraints, sources confirmed. If completed, the oil refinery would have been the largest in Myanmar. The project, which is backed by the Chinese, had received approval under the former government led by […]
Read MoreCamcashew, a Cambodian-Malaysian joint venture, and South Korean firm Naroo Marine will invest $100 million in facilities in Kampong Cham to process cashew nuts and ready them for export to South Korea. Camcashew and Naroo Marine yesterday signed a memorandum of understanding, outlining plans to work together to build cashew-processing facilities in Kampong Cham and […]
Read MoreThe country’s consumer confidence rose for a fourth straight month in November, boosted by a stronger economic outlook as exports and tourism remained robust but low commodity prices were still a concern, a private survey showed on Thursday. The index of the University of the Thai Chamber of Commerce rose to 78.0 in November from […]
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Thailand
