THAILAND is shaping up to be the biggest South-east Asian initial public offering market this year, with the country’s biggest packaging company kicking off a US$1.27 billion offering on Monday. SCG Packaging Pcl set a price range of 33.50 baht to 35 baht for its 1.13 billion share offering, putting the Siam Cement Pcl unit’s […]
Read MoreApplications for consumer credit in the country dropped by 50 percent in the second quarter of the year compared with a jump of 14 percent in the first quarter, according to the latest data from the Credit Bureau of Cambodia (CBC). CBC is the leading provider of credit information, analytical solutions and credit reporting services […]
Read MoreKUALA LUMPUR: Malaysia’s economy is forecast to shrink by 6% this year due to the impact of the Covid-19 pandemic, but it will rebound 6.6% next year, according to the Global Economic Outlook report from Oxford Economics. The report issued on Monday said although the nationwide movement control order in Malaysia compounded the economic damage […]
Read MoreThe baht firmed to a three-week high on Monday, gaining along with most Asian currencies against a subdued US dollar, while drawing relief from the anti-government protest passing peacefully at the weekend. At the biggest demonstration in years, tens of thousands of protesters on Saturday cheered calls for reform of the monarchy as well as […]
Read MoreBANDAR SERI BEGAWAN, Sept 21 (Borneo Bulletin/ANN): In the second quarter (Q2) of 2020, retail sales performance in Brunei Darussalam continued to show an increase of 1.6 per cent year-on-year, after increasing by 5.8 per cent (revised from 4.3 per cent) in the first quarter (Q1) of 2020. The value of retail sales in Q2 […]
Read MoreMore foreign investment is being injected into Cambodia after a manufacturing company announced a new production line and an opening of more than 1,000 new jobs in Kampong Speu province. GCH International Trade Co Ltd said this week that it will invest approximately $3.2 million into a new bag-manufacturing line producing different types of the […]
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Thailand
