CP Vietnam Corporation, a subsidiary of SET-listed Charoen Pokphand Foods Plc (CPF), expects 2019 revenue to grow by 10%, driven by higher purchasing power in Vietnam. Montri Suwanposri, president of CP Vietnam, said the market is rapidly expanding because of Vietnam’s GDP growth of 7-8% annually. The Vietnam government is investing heavily in megaprojects to […]
Read MoreWhile to many the world of cybersecurity may appear a baffling, convoluted worl d bristling with acronyms and jargon, the essentials require limited technological proficiency and provide certain guarantees against cyberattacks. The Cyber Security Asia 2019 conference kicks off in Phnom Penh on Nov 4 where a range of international experts from across Asia and […]
Read MoreThe Revenue Department estimates that value-added tax (VAT) collection will fall short of the target for this fiscal year because of waning domestic consumption and the stronger baht, and the shortfall could extend to next year if the situation remains unchanged. VAT collection, an indicator of domestic consumption, was 0.5% lower than targeted for the […]
Read MoreMANILA, Philippines — The Philippines is looking at upgrading and modernizing the fishing fleets of the tuna industry to be able to compete in the global market. Agriculture Secretary William Dar said re-fleeting is the way forward and the best option to ensure that the local commercial fishing sector can compete with the rest of […]
Read MoreFuel Pipeline Transportation (FPT) plans to conduct a feasibility study to extend an oil pipeline to Myanmar to capture dynamic oil demand. FPT is a subsidiary of SET-listed Bangkok Aviation Fuel Services. FPT chairman MR Supadis Diskul said the company has set up a study team in August to determine project viability. The oil pipeline […]
Read MoreWith tropical storms bringing downpours across Thailand, many are left wondering if the torrential rains and dark clouds augur forthcoming economic woes, shattering hopes of a rebound. Thailand’s reputation as one of the Asian economic tigers is long gone. Vivid memories of the 1997 economic collapse and anxiety over the current tepid conditions lend credence […]
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