When Sar Thida spent around $100,000 to set up a coffee shop in Phnom Penh early last year, she expected that the business would reach a break-even point in late 2019 because of the capital’s booming cafe market. While she declines to have her franchise name mentioned, she says the first year of operation proved […]
Read MoreKUALA LUMPUR: Malaysia may consider restrictions on foreign car imports to protect the country’s “infant industry”, Prime Minister Mahathir Mohamad said on Monday. Southeast Asia’s third-largest economy had liberalised its automotive industry over the past decade, allowing for cheaper imports but at the expense of local automaker Proton Holdings Berhad which struggled to stay afloat as […]
Read MoreWHEN it comes to manpower decisions such as raising the mandatory retirement age or retraining workers for new roles before retrenchment, businesses say flexibility is key. This viewpoint arose in response to news of the upcoming review of whether changes are needed on the statutory retirement age at 62 and re-employment age extending to age […]
Read MoreNEW DELHI: Thai businessmen are being encouraged to “Act West”, and become the first investors in eight northern states of India which are set to receive a share of 6.2 trillion baht as part of a project to boost India’s economic connectivity with the Southeast Asian region. This proposal was made by Thai ambassadors at the […]
Read MoreMandalay’s Hilton Hotel will host a property sales expo on August 4 and 5. The expo will feature condominiums in Yangon and the nine projects in Mandalay Region, according to U Kyaw Si Thu, director of Success Property Consultant. High-end condo projects in Yangon such as Golden City, Kanbae Towers, River Front Garden, May Inya, […]
Read MoreThe Hanoitimes – Vietnamese companies have remained in the taste of foreign investment funds despite a rising trend of capital withdrawal from emerging and frontier markets. A group of investment funds managed by Dragon Capital has recently bought 4.21 million shares of Dat Xanh Group (DXG) to raise its ownership in the Vietnamese real estate developer […]
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Thailand
