The consumer confidence index tumbled to a six-month low in November on concerns about ebbing tourism revenue and falling crop prices, says the University of the Thai Chamber of Commerce. The UTCC’s latest survey said the index fell for a third straight month to 80.5, down from October’s 81.3, September’s 82.3 and August’s 83.2. Fewer […]
Read MoreAfter prompting protests from lobby groups and sparking political controversy, the government is being more cautious in revising the negative investment list (DNI), which is part of the 16th economic policy package announced in mid-November. Coordinating Economic Ministry secretary Susiwijono said the government had removed 13 business units from the DNI, from the initial plan of 54, but stressed […]
Read MoreMANILA, Philippines — Foreign investment pledges approved by the country’s investment promotion agencies rose 6.5 percent in the third quarter, the Philippine Statistics Authority (PSA) reported yesterday. Commitments approved in the third quarter went up to P45.9 billion from P43 billion in the same period last year. These cover investment pledges cleared by the Board […]
Read MorePETALING JAYA: The latest report by Moody’s Investors Service has set off alarm bells over the direction of Malaysia’s financial system, after the ratings agency called property loans the greatest threat for Malaysian banks. The worrying remark in Moody’s 2019 outlook report for Asia-Pacific banks came after Bank Negara’s constant assurance that the domestic property […]
Read MoreRoughly 600,000 small and medium-sized enterprises (SMEs) will be brought into the government’s measures for better accessibility of the e-commerce platform in 2019 in a bid to increase their competitiveness in the global market, says Deputy Prime Minister Somkid Jatusripitak. The e-commerce platform can be a strong distribution channel for SMEs and startups to market their […]
Read MoreAs Myanmar steadily develops after rejoining the global economic community, foreign investors are becoming more and more interested in doing business there, thanks, in part, to the low cost of labour and high potential for growth. Any investor interested in doing so however should be aware of the speed of legal change there, and be careful […]
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Thailand
