SIAM Cement Group (SCG) yesterday confirmed it will join with state enterprise PetroVietnam in a US$5.4 billion petrochemical project, just as the Vietnamese prime minister was inviting Thai investors to be strategic partners in his country’s liberalisation of the economy. In his keynote speech at the Vietnam-Thailand Economic Cooperation Forum, Nguyen Xuan Phuc said yesterday […]
Read MoreLocal small- and medium-size enterprises (SMEs) met with government officials yesterday and accused them of not doing enough to support domestic products against a flood of imports while multiple officials claimed that they could provide little assistance unless businesses were properly registered. The second annual private-public sector workshop was designed to discuss the challenges SMEs […]
Read MoreInternational tourist arrivals in Thailand rose 4.8% in July from a year earlier, led by visitors from China, Malaysia, Laos, Korea and India, the tourism and sports ministry said on Friday. Foreign arrivals stood at 3.1 million in July, the ministry said in a statement. For the seven-month period, arrivals were 20.4 million, up 4.47%. […]
Read MoreMANILA, Philippines – The Philippine economy grew at a sizzling pace in the second quarter, topping expectations as a government-led construction boom and an extended rebound in the farm sector took some of the sting off a peso wallowing at 11-year lows. The Southeast Asian nation is the second-fastest growing economy in Asia after China, […]
Read More[KUALA LUMPUR] Any international bank that has an operating license in Malaysia could face legal action if it facilitates ringgit futures trading on the Singapore Stock Exchange and the Intercontinental Exchange, Malaysia’s central bank governor said on Friday. Bank Negara Malaysia (BNM) Governor Muhammad Ibrahim said any ringgit transaction in Singapore involving a Malaysian client […]
Read MoreSINGAPORE’S total domestic wholesale trade jumped 18.5 per cent year on year in the second quarter of 2017, based on data released by the Department of Statistics on Friday. With petroleum stripped out, domestic wholesale trade rose 4.8 per cent compared to a year ago. After adjusting for price changes, overall domestic wholesale trade registered […]
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