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Indonesia: Ministry Explores New Export Markets

TEMPO.CO, Jakarta – The Trade Ministry is currently attempting to penetrate new export markets. Minister Enggartiasto Lukita stated that a domestic company has managed to enter African countries, such as Kenya and Nigeria. “Indofood is already operating [in Africa], the industry has entered the [African] market,” Enggartiasto said on Tuesday, February 21, 2017. In addition to […]

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Thailand gears up for Level 4 upgrade

BANGKOK – Thailand has geared up for another economic upgrade – a fourth one designed to put it at the center of the Southeast Asian region. Prime Minister Gen. Prayut Chan-o-cha said Thailand 4.0, an economic model focusing on innovation-driven economy especially in advanced and digital technologies, aims to boost both foreign and domestic investments and strengthen […]

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Asean labor execs commit protection to migrant workers

Key labor officials from the Association of Southeast Asian Nations (ASEAN) renewed their commitment to protect and promote the right of migrant workers in the area. Labor ministers from the Philippines, Singapore, Brunei Darussalam, Thailand, Vietnam, Laos, Myanmar, Cambodia, Indonesia and Malaysia gathered here to further discuss the details on how to implement the ASEAN Declaration […]

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Thailand: Index plans CLMV activity to spur growth

Index Creative Village Plc, the country’s largest event organiser, plans to expand further in Indochina to cash in on opportunities arising from strong economic growth in the region. This year will see an emphasis on consumer events such as concerts, trade shows and marketing campaigns in Cambodia, Laos, Myanmar and Vietnam (CLMV), said Kreingkrai Kanjanapokin, […]

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Thailand: Poor Q4 growth points to slow recovery

Thailand’s economy expanded less than expected in the last quarter of 2016 and the government left its forecast for growth this year unchanged, indicating recovery will remain a slow process. Growth in October-December was 0.4% from the previous quarter, on a seasonally-adjusted basis, below the 0.6% seen in a Reuters poll. The government revised July-September […]

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