Thai car exporters’ prospects have become brighter after the Philippines scrapped plans to impose tariffs on cars imported from Thailand, and returned 1.2 billion baht worth of safeguard duty to importers. According to Thai Commerce Minister Jurin Laksanawisit, the Philippines agreed on Aug 6 to scrap the tariff plans and return the import duties, after […]
Read MoreSteel has hit a new high after a series of rapid price increases from May through June 2021 when they increased by more than 50 per cent compared to the beginning of the year. According to the Ministry of Industry and Trade (MoIT), as governments around the world issued economic stimulus packages of tens of trillions of […]
Read MoreThe residential market is unlikely to recover to pre-Covid levels until 2025 as the market contraction has been revised to 25-32% from 1.5-11%, driven largely by the battered economy and housing demand. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said the market nationwide in the second quarter saw a continuing year-on-year […]
Read MoreRevenue earned from potential mining operations, revamped state enterprises and from other as yet untapped sources will be used to pay debts amounting to almost $14 billion, the Lao government has told the National Assembly (NA). Foreign debt has accumulated to about $13 billion and domestic debt now stands at $900 million. Money has been […]
Read MoreThe world’s most prestigious brands will be entering the market over the next 12 months as Blue Bell Group announced yesterday that it has secured a landmark deal to manage one of the country’s most-anticipated retail projects. The group has partnerships with more than 150 high-end labels, including Jimmy Choo, Moschino, Versace and Christian Dior […]
Read MoreThe lockdown of 29 provinces hardest-hit by the latest wave of Covid-19 has been extended until the end of this month, but restrictions have been eased on banks and other financial services operating in shopping malls. The Centre for Covid-19 Situation Administration (CCSA) on Monday confirmed the lockdown will remain in effect until at least […]
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