Siam Commercial Bank plans to open its first branch in Myanmar this year if the Central Bank of Myanmar (CBM) grants a bank subsidiary licence, says a SCB senior official. If approved, SCB will upgrade the existing representative office to a branch, said first executive vice-president Kamalkant Agarwal. The bank needs time to develop infrastructure […]
Read MoreThe Hanoitimes – Despite huge interest, German healthcare companies face challenges to access the Vietnamese market. A recent survey has revealed Vietnam is an attractive investment destination for German companies in the healthcare sector, especially when the EU-Vietnam Free Trade Agreement comes into effect in July 2020. German multinational companies and German SMEs confirmed their interests […]
Read MoreSINGAPORE’S services businesses closed off 2019 with another jump in their takings, helped by a recovery in recreation and personal services spending. Business receipts grew by 4.6 per cent year on year in the fourth quarter, up from 2.3 per cent in the three months prior, according to Department of Statistics (SingStat) data out on […]
Read MoreCambodia and Thailand are planning temporary opening of a crossing along Stung Bot of Cambodia’s Banteay Meanchey province and Thailand’s Ban Nong Ian area in Sa Kaeo province. The news was shared in a meeting between H.E. Heng Rathpisidh, Cambodia’s Director General of Public Works General Department, Ministry of Public Works and Transport, and Mr. Apichart Junratasup, Deputy […]
Read MoreThough motorbike sales in Vietnam ranked second in ASEAN last year, domestic demand showed a decline against regional growth. The country recorded 3.27 million units sold, second to Indonesia at 6.53 million, according to Italy-based market research firm Motorcycles Data. Vietnam’s figure was almost twice that of third-ranking Thailand with 1.73 million units sold. unitsMotorbike […]
Read MoreThe Hanoitimes – Vietnam’s modern grocery retail and pharmacy sector will benefit specifically from the country’s consumer spending growth story. Consumer spending in Vietnam continues to expand and outpace its ASEAN peers as the country’s real household spending is predicted to grow by 7.9% year-on-year in 2020, a slight slowing on the 9.9% recorded last year, […]
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Thailand
