th01
Read More

Thailand: Limit set for CP to appeal deal ruling

The Charoen Pokphand (CP) Group can challenge the Trade Competition Commission’s (TCC) decision on the Tesco acquisition deal via the Administrative Court within 60 days, the commission said. The TCC ruled by majority in favour of the transaction, but imposed certain conditions, including a three-year ban on additional acquisitions in the same sector to prevent […]

Read More
malay02
Read More

Malaysia’s Q3 GDP to see a 5.2pc contraction

KUALA LUMPUR (BERNAMA) – Malaysia’s gross domestic product (GDP) is expected to contract by 5.2 per cent in the third quarter (Q3) of 2020 due to strict movement restrictions that have dampened domestic consumption and fixed investments. Moody’s Analytics Asia Pacific Economic Preview noted that the country’s GDP contracted by 17.1 per cent in second […]

Read More
vn01
Read More

Vietnam: Unstableness of domestic sugar industry

Farmers in the Mekong Delta have started to harvest raw material sugarcane from the beginning of October. However, up to now, the remaining three factories in the region have not operated yet. Currently, farmers mainly sell sugarcane for traders to resell to sugarcane juice vendors. Ironically, both farmers who sell sugarcane early to benefit from […]

Read More
malay01
Read More

Malaysia: Potential jobs building up

PETALING JAYA: The construction sector will benefit from the 38% jump in Budget 2021 development expenditure allocation to RM69bil although concerns about execution risks and political uncertainties remain, according to research analysts. Maybank Investment Bank (IB) Research said it remained positive on the construction sector, as the surge in gross development expenditure presents sizeable order book replenishment […]

Read More