While many industries are suffering during the Covid-19 pandemic, cold storage supply chains are heating up the logistics industry. In a cold storage system, the standard temperature is always below 2 degrees Celsius. A standard cold storage is divided into four warehouse systems (from 1 to 4) that operate fully automatically, with 14 robots and […]
Read MoreVietnam is in a better vaccine position to protect itself from imposing another lockdown. Vietnam’s economy is set to return to solid growth of 6.5% in 2022, although the spread of Omicron poses risks locally and globally. The growth rate would be in line with the Vietnamese Government’s target of 6.5-7% for this year, indicating […]
Read MoreKrungsri Securities forecast the Stock Exchange of Thailand (SET) Index on Friday (January 14) would fall to between 1,670-1,675 points as other Asian indices have fallen due to uncertainty over the US Federal Reserves move to raise the interest rate during the meeting on March 15-16. However, it predicted that the index would rebound from […]
Read MoreThis is the fourth article on the Regional Comprehensive Economic Partnership Agreement (RCEP), part of a series of articles covering its economic, trade and investment impacts on Cambodia. This article covers the legal aspects of the Trade in Services. Chapter 8 of the RCEP Agreement covers many aspects of modern economic life for many service […]
Read MoreMARKET weakness from the possible implementation of transaction tax in Thailand offers a “good buying opportunity” for investors, said CGS-CIMB. The brokerage acknowledged that market sentiment is likely to go down if the Thai government implements this tax. However, it added that investors should be able to benefit as a strong economic recovery is expected […]
Read MoreMANILA, Philippines — Dollar reserves continued their climb in December as the national government’s foreign currency deposits pushed levels up, but the year-end figure missed the Bangko Sentral ng Pilipinas’ projection. What’s new Gross international reserves amounted to $108.9 billion as of December 2021, inching up 1.1% month-on-month, the central bank reported on Thursday. As […]
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