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Gambling with Thailand’s future

Whether you support it or not, betting and gambling dens have been commonplace in much of Thailand for a long time, despite authorities’ attempts to stamp it out. Thai people love playing cards and betting on sports, particularly football and cockfighting, although gambling is currently illegal here. Casinos in the border town of Poipet, Cambodia, […]

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Nomura cuts Philippines GDP growth to 6.3%

MANILA, Philippines — Japan’s Nomura has slashed its 2022 gross domestic product growth forecast for the Philippines to 6.3 percent from the original target of 6.6 percent amid the expected further GDP slowdown in the second half. Nomura’s latest growth forecast is now lower than the revised 6.5 to 7.5 percent target penned by the […]

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Vietnam: Challenges for supermarket chains

The recent shutdown of multiple Bach Hoa Xanh (BHX) stores has been the talk of the town for the past few weeks. What prompted the leadership of this grocery store chain to come to such a decision despite the considerable growth in total revenue? For a successful retailer like The Gioi Di Dong JSC, BXH’s […]

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