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CP All negotiates for 7-Eleven stores in Cambodia and Laos

Thailand’s largest convenience-store operator CP All Plc released a report to the Stock Exchange of Thailand (SET) on Monday on its negotiations for a Master Franchise agreement in relation to the establishment and operation of 7-Eleven stores in Cambodia and the Lao People’s Democratic Republic. The company said the contractual parties are in the process […]

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Malaysia to become high-income nation

PUTRAJAYA: The macroeconomic challenges faced by Malaysia are expected to continue, but the World Bank has reaffirmed its confidence that Malaysia’s aspiration to become a high-income nation by 2024 remains possible, as long as the country’s gross national income (GNI) per capita continues to grow at a range of 4% to 4.5%. The Washington-based World […]

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Thailand: Ministry lowers inflation forecast

The Commerce Ministry has lowered its annual inflation forecast to a range of 0.7-1.3% this year from 0.7-1.7% because of lower energy prices, a stronger baht and dim export prospects. According to Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office under the Commerce Ministry, the new forecast was made on the assumption that […]

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