[JAKARTA] Indonesia posted its widest monthly trade deficit in history in April as exports slumped, while the pace of fall in imports were slower than expected, data from the statistics bureau showed on Wednesday. The resource-rich country booked the first deficit in three months at US$2.5 billion in April, and it was the widest ever, […]
Read MoreThe Pyidaungsu Hluttaw has approved the borrowing of 1.4 billion baht from Thailand’s Neighbouring Countries Economic Development Cooperation Agency (NEDA) to supply more electricity in Yangon Region. With this loan, the Ministry of Electricity and Energy will make sure that Yangon’s power distribution system is improved and the frequency of power shortages reduced, said deputy […]
Read MoreThe Department of Consumer Affairs says that 80 percent of the complaints it receives from the public is regarding telecommunications service providers. This was revealed by the department’s director U Myint Cho during a press conference earlier this week. There are currently four companies providing telecommunications services in the country: Myanma Posts and Telecommunications, Oredoo, […]
Read MoreTHE RECENT escalation of the US-China trade war may lead Thai exports to grow by only 0.5 per cent in 2019, warned Aat Pisanwanich, director of the University of the Thai Chamber of Commerce’s Centre for International Trade Studies (CITS). Meanwhile, Bank of Thailand’s assistant governor for corporate strategy and group relations, Chantavarn Sucharitakul said […]
Read MoreECONOMIC growth is expected to take a heavy hit due to the rising number of the elderly and the country urgently needs to tackle it by cutting in half the number of military personnel, increasing the number of foreign labourers and employing increased automation in production, Somkiat Tangkitvanich, president of Thailand Development Research Institute (TDRI), […]
Read MoreExports are expected to record their lowest growth in four years as a result of the EU-Vietnam Free Trade Agreement (EVFTA) and the renewed Sino-US trade war. Aat Pisanwanich, director of the Center for International Trade Studies at the University of the Thai Chamber of Commerce, said the latest study puts export growth this year at […]
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