Thai discount wholesaler Siam Makro Pcl plans to spend 11 billion baht ($330 million) this year to expand its operations, and open two new Makro stores in Cambodia, 30 in Thailand and three in India, hoping to tap into soaring demand, according to group CEO Suchada Ithijarukul. The plan would bring the total number of […]
Read MoreSINGAPORE’s retail sales fell 3.4 per cent year on year in February, reversing from last month’s 12 per cent increase and snapping a 5-month growth streak. The decline in February was attributed partly to lower sales compared to a year ago when sales were boosted by pre-Chinese New Year (CNY) spending, said the Department of […]
Read MoreThe overlapping and inconsistency of legal documents continues to make things difficult for businesses. Dau Anh Tuan, head of VCCI’s Legal Department, said the Vietnam Cassava Association has lodged a petition to the Prime Minister and asked for help. The cassava industry is facing serious difficulties and may collapse as the General Taxation Department has […]
Read MoreLaos’ regulatory environment for business development has improved, but more must be done to speed up the country’s economic recovery. A new joint report by the Asian Development Bank (ADB) and the Lao National Chamber of Commerce and Industry (LNCCI), the second edition of the Provincial Facilitation for Investment and Trade (ProFIT) Index, recommends that the government take steps […]
Read MoreThe Cambodian government has pushed for upgrading the existing railway system to a high-speed railway, building new railway lines domestically, and connecting the tracks to neighbouring countries. Prime Minister Hun Sen said this yesterday at an inauguration ceremony of 38 roads and other physical infrastructure in Siem Reap City, Siem Reap province. The existing two […]
Read MoreKUALA LUMPUR: Malaysia’s export and import unit value indices recorded positive growth in February 2022, at 2.1 per cent and 1.3 per cent, respectively, according to the Department of Statistics Malaysia (DoSM) External Trade Indices report for February 2022. Chief statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said the export unit value index’s growth […]
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Thailand
