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Thailand: K-Research ups GDP forecast to 3.7% growth

Kasikorn Research Center (K-Research) has emerged as the latest to jump on the economic growth bandwagon by increasing its forecast to 3.7% this year from 3.4% after stronger than expected export growth. The research house also raised Thailand’s export growth projection significantly to 7% this year from 3.8%, in line with the global economic recovery. […]

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Poll: Asian currencies to stay steady

BENGALURU, India: Asian currencies, on an upswing since the start of the year, are unlikely to trade higher than they are now in a year, held back as the US Federal Reserve presses on with further interest rate rises, a Reuters poll found. Having made inroads thanks to growing doubts over US President Donald Trump’s […]

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Cambodia’s rice exports keep growing

PHNOM PENH – Cambodia’s exports of milled rice continue to increase, with China still the biggest importer of Cambodian grain. Rice is exported to nearly 70 countries. China remains the largest buyer, taking more than 120,000 tonnes from January to September this year,  followed by France (over 50,000 tonnes) and Poland (35,000 tonnes), according to […]

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Thai investors are confident in Myanmar’s economy

Thai business and investors expressed full confidence in Myanmar’s economic potential and future progress. At the recent Myanmar Insight 2017 held in Bangkok, senior Thai and Myanmar officials joined leading businessmen and investors to exchange views on prospects of investing in Myanmar. The seminar was organised by the Thai Embassy in Yangon to build network […]

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Myanmar: Counterfeit goods and illegal trade deters investors, draws focus on lack of IP laws

Counterfeit goods and illegal trade are among the biggest issues for businesses looking to expand in Myanmar, foreign investors and local businessmen told The Myanmar Times. Even though Myanmar has prioritised economic development and identified the sectors it wishes to promote, the counterfeit goods markets and illegal trading activities could undermine the government’s efforts to […]

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