The Hanoitimes – The rising vehicle imports are posing huge competitive pressure on domestically-produced vehicles. Vietnam will lead Asia in vehicle sales this year as the region’s sales are forecast to decline due to weakening outlook in its biggest auto markets, analysts forecast. According to analysts from financial information services provider Fitch Group, total vehicle sales […]
Read MorePrime Minister Prayut Chan-o-cha’s speech at the 74th session of the UN General Assembly in New York was chock-full of talking points, but the one that stood out was his declaration that Thailand would become a rich country by 2036. “Thailand will become a high-income country with fairness, respect for basic human rights and participation […]
Read MoreMANILA, Philippines — In 1936, the International Chamber of Commerce first introduced the International Commercial Terms (Incoterms) to establish a commonly accepted definition and rules related to the delivery of goods between trading partners worldwide. These refer to the different terminologies used by traders, importers, exporters, customs brokers, logistics companies, non-life insurers, bankers in the […]
Read MoreMoody’s Investors Service Inc maintained a stable outlook while affirming Cambodia’s B2 long-term issuer rating on the back of robust gross domestic product (GDP) growth prospects, modest and highly affordable government debt, and low external vulnerabilities. In a statement on Friday, Moody’s said the positive effects that serve as a buffer offset risks stemming from […]
Read MoreVideo sharing service TikTok is planning to unlock advertising revenue potential in Indonesia through its business of short video content. TikTok public policy head for Indonesia, Malaysia and the Philippines, Donny Eryastha, told reporters on Thursday that the platform had not yet received revenue in Indonesia as its focus had been to attract more users. […]
Read MoreTHE International Monetary Fund has slashed its 2019 global gross domestic product (GDP) growth from 3.5% to 3.2% due to the ongoing US-China trade tensions and global economic uncertainties. Malaysia, as a significant trading nation will not be spared. Budget 2020 themed “Shared Prosperity: Sustainable and Inclusive Growth Towards High Income Economy” is expected to […]
Read More
Thailand
