Central Village and its 130 stores are launching a major sales event to encourage Thais to shop domestically, with discounts of up to 90%, while promoting the outlet mall concept, a relatively new retail option in Thailand. The mall, operated by Central Pattana Plc, is targeting millennials through an omni-channel retail strategy that includes marketing […]
Read MoreIndonesian stocks and the rupiah exchange rate have soared in recent weeks as foreign investors flock to Indonesian assets and bet on a financial market recovery despite a bleak domestic economic outlook. The Jakarta Composite Index (JCI), the main gauge of the Indonesia Stock Exchange (IDX), jumped 2.48 percent on Monday to 5,069 points in […]
Read MoreThe World Bank had forecasted that Cambodia’s economy would shrink 1.0 percent this year before rebounding 6.0 percent next year which was released in Washington yesterday. The projected decline in economic activity in 2020 reverses estimated growth of 7.1 percent last year. But it is less severe than the contractions forecasted for several emerging market […]
Read MoreMANILA, Philippines — There will be no new tariff adjustment on water bills starting next month. The Metropolitan Waterworks and Sewerage System-Regulatory Office said the MWSS Board of Trustees has approved its recommendation to retain the prevailing foreign currency differential adjustment (FCDA) for both concessionaires. This means that the second quarter FCDA will still be […]
Read MoreTwo years ago, seven Cambodian cities committed to a sustainable city strategic plan to address environmental issues, with waste management being one of the highest -priority issues among most of the cities, according to a Global Green Growth Institute (GGGI) 2019 annual report. Waste management, like many other Cambodian cities, has been a prevalent problem […]
Read MoreThe residential market in northern provinces will slump further this year as the coronavirus hits key economic drivers and banks impose stricter rules on home loans, according to local developers. Prat Wongwan, president of the Chiang Mai Real Estate Association, said the economic slowdown and lower confidence among homebuyers will lead to a continued drop […]
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Thailand
