On the back of increased risks to exports and government consumption and investment not accelerating as much as expected, Citi Research is lowering its 2019 and 2020 forecasts for Thailand from 4.0 to 3.8 and 3.9 to 3.8 respectively, said analyst Nalin Chutchotitham in a report on Monday. While domestic demand and tourism has so […]
Read MoreThe Hanoitimes – Single-market merchants and digital payment will certainly become even more notable in the upcoming year. Vietnam’s e-commerce, which is predicted to growth 43% from now until 2025, will go through 2019 with three notable dimensions in which single-market merchants would be the market trend. Digital payment and entertainment while shopping would be other […]
Read MoreMANILA, Philippines — The Energy Regulatory Commission (ERC) has ordered Manila Electric Co. (Meralco) to use unclaimed tax refund to reduce power rates. ERC has directed Meralco to submit a proposed scheme that incorporates the unclaimed tax refund for purposes of reducing the distribution rates of its customers, among others. It also directed the country’s largest power distributor to […]
Read MoreBANDAR SERI BEGAWAN (Xinhua) – A series of business and education agreements were signed between Brunei and Laos to strengthen bilateral relations during the two-day visit of Lao Prime Minister Thongloun Sisoulith to the sultanate. The Lao prime minister and his delegation of 60 were in the sultanate during the weekend upon the invitation of […]
Read MoreKerry Logistics Network Limited announced a new joint venture with E-Services Group (‘ESG’), an international e-commerce company, to strengthen global e-commerce fulfillment capabilities in Asia. Kerry Logistics has identified cross-border e-commerce, particularly between the Greater China region and Asean, as a major growth sector, the company said in a press release on Monday. The new […]
Read MoreSiem Reap will be home to a $70-million aquarium and wildlife sanctuary project that seeks to become a new tourist draw for the province. Angkor Wildlife and Aquarium, a joint venture of Cambodian, Japanese and US investors, announced the project on Monday during a meeting with Siem Reap’s governor Tea Seiha. Roger Reynolds, member of […]
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Thailand
