Tens of thousands of Lao nationals entered the international labour market in 2017, raising hopes that Laos can turn this business into a new foreign exchange earner. According to data from the Lao National Statistics Bureau, Laos supplied about 49,000 labourers to the international market in 2017 through a bilateral labour cooperation mechanism. The bureau […]
Read MoreHLH Development Pte Ltd, a subsidiary of publicly listed Hong Lai Huat Group Limited, yesterday entered into a joint venture agreement with local conglomerate Royal Group of Companies to launch a mixed development project in Phnom Penh. The project, which will feature a park and a retail mall, is located in the heart of Tuol […]
Read MoreDespite fierce domestic and international headwinds that have threatened to blow Myanmar’s fast-growing economy off course, executives who participated in Oxford Business Group’s latest Business Barometer: Myanmar CEO Survey remain broadly confident about the investment climate in Southeast Asia’s last great frontier market. Of the 100 respondents, 77pc indicate their firm intends to make a […]
Read MoreOctober inflation was 1.23% year-on-year on food and oil prices and inflation in the first 10 months of 2018 was 1.15% on food, beverage and energy prices, according to the Commerce Ministry. The inflation trend continued for the 16th consecutive month last month, Pimchanok Vonkorporn, director of the ministry’s Trade Policy and Strategy Office, said on […]
Read MoreSINGAPORE – New home sales platform Showsuite has successfully launched Singapore’s first fully digitalised sales booking platform, which could save hundreds of thousands of sheets of paper for developers and property agents for a single project. The digital platform allows developers’ agents to transact on their iPads “anytime and anywhere”, said Karamjit Singh, chief executive […]
Read MoreMANILA, Philippines — The economy is expected to sustain its robust growth this year and the next because of strong government spending and investment, but stability must be prioritized amid strong inflationary pressures and external headwinds, according to the ASEAN+3 Macroeconomic Research Office. Results of AMRO’s preliminary assessment after its annual consultation visit to the […]
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Thailand
