MANILA, Philippines — Manufacturing contracted in June as lower output were registered in petroleum products, furniture and fixtures, and basic metals, the Philippine Statistics Authority (PSA) said yesterday. Industrial output, as measured by the Volume of Production Index (VoPI), registered a negative 10.5 percent growth in June, reversing the 9.8 percent expansion in the same […]
Read MoreThe Hanoitimes – The lack of commitments from ministries, provinces and executives at state firms are factors behind the slow privatization progress, while problems in finance, land and laborers from periods prior to the privatization also hindered the process at target companies. The slow progress in the process of divestment and privatization of state owned enterprises […]
Read MoreLocal property investors may not be buying much property in Myanmar at the moment, but a growing number have been snapping up units overseas. Sai Khun Naung Real Estate Company and Singapore-based real estate broker DWG will be holding an exhibition of luxury condominium properties from Thailand, Malaysia, UK and Japan for those interested in […]
Read MoreThe depreciation of the yuan against the US Dollar will not significantly impact the baht’s strength, but will cause investor sentiment to drop and leading to an outflow of capital from Thailand’s stock market, market experts and economists agree. On Monday morning, the yuan depreciated by 7 per cent against the US dollar, marking the […]
Read MoreBRUNEI Darussalam’s demand for power will increase three per cent per annum in the next 10 years, from 3,900 Gigawatt hours (GWh) in 2019 to 5,300 Gigawatt hours (GWh) in 2029. This is due to the current and upcoming key national projects and developments in the pipeline. The matter was highlighted by Minister of Energy, […]
Read MoreChinese investors and companies will soon be able to conduct transactions through the Alipay system in Laos. The Lao Development Bank (LDB) entered into an agreement with KIWI Company Limited last week to roll out the service. KIWI – established by French, Belgian and Laotian entrepreneurs in 2016 – is a leading fintech operator in […]
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Thailand
