Berli Jucker Plc’s (BJC) plan to delist Big C Supercenter Plc from the Stock Exchange of Thailand is aimed at increasing retail competitiveness and speeding up expansion in both domestic and international markets. Analysts say Big C can delist because its major shareholder BJC, with a 97.94% stake, has a strong financial position. BJC is […]
Read MoreKT: How good is connectivity within Asean and the world? Dato’ Sri Mustapha: Southeast Asia’s ambitious plans to boost region-wide economic integration – and consolidate its position as a key transport, communication and tourism hub – hinge largely on forging stronger transport, regulatory and people-to-people links among the ten members of Asean. Connectivity here focuses […]
Read MoreMANILA, Philippines – The economy grew at a faster rate of 6.9 percent in the first quarter, fueled by rapidly increasing private investment and consumption, according to Moody’s Analytics. In its latest Asia Economic Preview, the economic research and analysis arm of Moody’s Corp. said the first quarter gross domestic product (GDP) growth was faster […]
Read MoreKUALA LUMPUR: Malaysia’s economy is expected to grow at a faster pace of 4.8% in the first quarter ended March 31, 2017, underpinned by external demand due to stronger exports, says RAM Ratings. The ratings agency said on Monday the growth will be higher than the 4.5% in the preceding quarter of 4.5% in Q4, […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia (BI) projects May’s inflation at 0.27 percent. This is based on a survey BI held in 82 cities in the second week of the month. On an annual basis, May’s inflation is estimated at 4.12 percent. “This is still in line with the government’s and BI’s target,” BI governor Agus Martowardojo […]
Read MoreFor the first month of this fiscal year, 36 businesses, approved under two older investment laws, have been permitted to operate, according to Myanmar Investment Commission (MIC) secretary U Aung Naing Oo. They include 24 foreign investments – worth US$656.277 million – and 14 domestic investments, which are worth US$186 million (or K366 billion), he […]
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Thailand
