THAI OVERSEAS investments in Cambodia and Myanmar have come under criticism for irresponsible business operations and human rights violation, which has also led to the first-ever class-action lawsuit against a Thai company in its home country. As the United Nations Working Group on Business and Human Rights concluded its visit to Thailand to inspect human […]
Read MoreThe Myanmar Gold Entrepreneurs Association will finalise a draft blueprint for the creation of a long-touted gold exchange by the end of April, Daw Kalayar Pyi Wai Shan, vice chair of Myanmar Gold Entrepreneur Association, said yesterday. The draft will include the various phases of implementation and a proposed timeline, Daw Kalayar Pyi Wai Shan […]
Read MoreCambodia’s garment sector is the backbone of the country’s export-driven economy and employs 86 percent of all factory workers. But the sector faces threats from increasingly competitive regional neighbours, the inevitable shift to automation and the potential loss of preferential trade agreements. The stakes couldn’t be higher for the country’s economy. About 40 percent of […]
Read MoreKUALA LUMPUR: Nearly half of clients surveyed by property consultancy firm Knight Frank are still looking to invest in property overseas over the next few years. In its latest wealth report, Knight Frank said 43% of its Malaysian clients plan to invest in properties overseas, going forward. At 43%, Malaysia topped the survey in terms […]
Read MoreSINGAPORE: Thailand’s monetary policy should remain accommodative to nurture the economic recovery and as inflationary pressure remains weak, central bank Governor Veerathai Santiprabhob said. Thailand is still in the “early stage of a recovery of domestic demand,” Mr Veerathai said in an interview with Bloomberg TV in Singapore on Thursday. The most important factor in deciding […]
Read MoreTEMPO.CO, Jakarta – The Indonesian rupiah fell 15 points against the US dollar to close at Rp13,759 at the Jakarta inter-bank spot market on Wednesday evening after it traded at Rp13,744 previously. According to observer Rully Nova, external factors, particularly trade war remain one of the factors causing the rupiah’s exchange rate to weaken in money market. “Many market agents […]
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Thailand
