GROWTH forecasts for several Asean markets have been lowered by the Asean+3 Macroeconomic Research Office (AMRO) in its July monthly update, on the back of continuing weakness in manufacturing and export figures. In its June update, AMRO lowered its baseline growth forecast for Asean+3 as a whole to 4.9 per cent in 2019 and 2020, […]
Read MorePETALING JAYA: The small and medium enterprises (SME) sector’s contribution to the country’s gross domestic product (GDP) is targeted to exceed 50% in 2030, says Entrepreneur Development Minister Datuk Seri Mohd Redzuan Yusof. “It is a tall order and a big challenge. I have said it many times that we need to focus on the […]
Read MoreMore than 30 new footwear and travel goods factories were opened in Cambodia during the first half of this year. This comes despite the Kingdom facing the possible withdrawal of the EU’s preferential Everything But Arms (EBA) agreement, the Garment Manufacturers Association in Cambodia (GMAC) said. During a Tuesday press conference for an industrial sector […]
Read MoreThe Supreme Audit Agency (BPK) has called on the Energy and Mineral Resources Ministry to create a more transparent mechanism in the decision-making process for investment in the oil and gas sector to ensure the law is upheld. BPK commissioner Rizal Djalil said on Tuesday a better mechanism in investment would help determine whether state […]
Read MoreVietnam should extend visa exemption policies for foreign tourists to encourage more visitors to return, say tourism insiders. Federal Travel Company director-general Tu Quy Thanh said foreign tourists who receive visa exemptions are currently allowed to stay in Vietnam for only 15 days, less than the average time they often want to stay. He says […]
Read MoreThe rise in land prices eased in the second quarter after rising for nine consecutive quarters as developers have slowed purchasing in inner-city locations. Surachet Kongcheep, managing director of Phoenix Property Development and Consultancy Co, said developers’ land purchases shifted to outer-city locations where land prices were lower. “Developers are focusing on condo development in […]
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Thailand
