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Big C Vietnam suspends purchase of domestic garments

Central Group, which owns retailer Big C Vietnam, has temporarily stopped sourcing garments from local suppliers to facilitate restructuring. “To restructure the group’s garment sector in the Vietnam market, we have decided to suspend the procurement of garments starting from July 2019,” the Thai group informed its suppliers on Tuesday. This will last until further […]

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Thailand wants to restrain the world’s strongest currency

[BANGKOK] Thailand’s central bank is fretting over the world-beating surge in the nation’s currency. Related departments at the Bank of Thailand are looking at possible measures as the monetary authority is “worried” about the baht’s comparative strength, its senior director Don Nakornthab told reporters in Bangkok on Wednesday. He also said that there’s room for […]

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