Food-and-beverages firm Malee Group is investing Bt330 million in its first foreign acquisition, Long Quan Safe Food Joint Stock Company (LQSF), a major beverage producer in Vietnam. The acquisition will increase Malee’s production base for emerging markets in Southeast Asia, helping to drive the proportion of the company’s foreign revenue, currently at 40 per cent, […]
Read MoreBRUNEI Darussalam has seen some notable developments recently in the tourism sector. According to a recent study conducted on the global MICE (meetings, incentives, conferences and events), business and luxury travel industry, Brunei is fast emerging as a major tourism and hospitality destination that could soon overtake several developed markets. The survey, carried out by […]
Read MoreWith the country’s economy expanding at break-neck velocity, the time has come for Cambodia’s private sectors and regulators to get serious about corporate governance to help sustain that impressive economic growth, government officials and economic experts agreed yesterday. Speaking at a seminar hosted in NagaWorld Hotel dubbed “Driving Corporate Governance Practices in Cambodia”, Sou Socheat, […]
Read MoreINFLATION remained mild in 2017 despite stronger economic growth with consumer prices finishing off the year by edging up less than expected in December. For the whole of last year, consumer prices rose 0.6 per cent, reversing two consecutive years of negative inflation, while core inflation – which strips out accommodation and private road transport […]
Read MoreForeign loans are mounting under the current National League for Democracy government, but care has been taken to accept only loans with low interest rates, said U Khin Cho, a member of the Parliament’s Public Accounts Committee. “There is a policy under the present government that it will reduce foreign borrowings as much as possible […]
Read MoreKUALA LUMPUR, Jan 23: Malaysia’s gross domestic product (GDP) is forecast to grow 5.4 per cent year-on-year (y-o-y) in 2018, mainly driven by domestic demand, which is projected to increase 5.2 per cent y-o-y, the Malaysian Institute of Economic Research (MIER) said. Executive Director Dr Zakariah Abdul Rashid said both consumers and producers from the private […]
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Thailand
