The Asia-Pacific region is “ageing at an unprecedented pace”, with developing facing bigger ageing challenges than developed ones, the United Nations has warned. Given their limited healthcare and pension budgets, developing countries in particular need to look for more innovative ways to improve the quality of life of their senior citizens. Tapping new technology could be […]
Read MoreMyanmar is preparing to open up its insurance industry to foreign businesses, expecting to attract firms that see high potential in a country where few people have coverage and the middle class is growing. Within the next few weeks, the government will announce bids for three licences that will allow 100% foreign-owned companies to offer life insurance […]
Read MoreCambodia’s economic freedom score dropped seven ranks in the annual Economic Freedom Index released by the Heritage Foundation, a US-based, conservative-leaning think tank. The 0.8 point dip in the score from last year put Cambodia’s economy in the “Mostly Unfree” category, ranking 101 out of a total of 180 countries – down from the 94 […]
Read MoreThe Department of Business Development approved 22 foreign entities, with a total investment of Bt735 million, to start doing businesses in Thailand in January. The department’s director-general, Kulanee Issadisai, said most of the investors are Japanese, German and Chinese, and their businesses will create 400 jobs. Out of the total, four will be providing services […]
Read MoreThailand’s border trade is expected to grow 10-14 percent this year from an estimated 1.6 trillion baht in 2017, driven by growing demand for Thai goods, underlining the importance of partnerships on trade and investment as well as working to improve trade with minor cities in neighbouring countries. Adul Chotinisakorn, deputy director–general of the Foreign […]
Read MoreKUALA LUMPUR: Malaysia’s gross domestic product is expected to expand by 5.2 per cent in 2018, on the back of strengthening domestic demand and resilient external markets. RAM Rating Services Bhd economist, Kristina Fong, said in general, hiring activities and labour force was becoming healthier this year, which would help boost domestic demand. Investment activities […]
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Thailand
