Almost a decade ago, the Lao Stock Exchange launched with only a few public companies. Now, it boasts 11 registered companies, all of which have been able to issue stock and raise over 6.7 trillion kip (approximately USD $750m). There are currently over 15,000 individual brokerage accounts that have invested in corporate stock in Laos’ […]
Read MoreWith the official launching of three new substations on Saturday, Myanmar’s national electricity grid is now providing 50 percent of the country’s power needs, says Minister of Electricity and Energy U Win Khaing. U Win Khaing was speaking during the official opening of the Tatkyigon substation in Hmawby Township, Kyuntawkon substation in Okekan Township, and […]
Read MoreThe prolonged drought this dry season has affected the productivity of poultry farmers in East Java, with a decline recorded in the quality and quantity of chicken eggs over the last few months. National Breeders Association (PPRN) chairman Rofi Yasifun said that the severe drought due to climate change had caused a 30 percent decline […]
Read MoreThe Hanoitimes – The stability of the VND has contributed to decreasing demand for the dollar as people prefer the national currency due to the large spread between interest rates on VND and the dollar. The Vietnamese government is taking bold steps to eliminate the dollarization in the economy, prohibiting lenders including commercial banks from providing […]
Read MoreThe Joint Standing Committee on Commerce, Industry and Banking has lowered its forecasts for both economic and export growth this year, and called for monetary and fiscal measures to protect the economy. The JJSCCIB revised its 2019 economic growth projection from 2.9-3.3% to 2.7-3.0% and export growth forecast from -1.0-1.0% to -2.0-0.0%, in a statement […]
Read MoreThe GDP growth forecast for 2020 has been set at 2.5-3% by Kasikorn Research Center (K-Research), compared with 2.8% growth seen this year. K-Research said the country needs additional stimulus to meet the upper edge of the estimated range. The 2020 economic outlook will likely suffer from external risk factors, particularly the US-China trade war […]
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Thailand
