While normally a positive time for car sales, this year the domestic automobile market is seeing gloomy days as Tet approaches, according to local car experts. The sluggish sales are attributed to a tightening credit market, higher interest rates and stagnant real estate and stock markets. Few people have money to buy cars so those […]
Read MorePETALING JAYA: Foreign direct investment (FDI), which saw a strong growth in the first nine months of this year, could face speed bumps in 2023 that may reduce inflows into the country as foreign investors withhold their spending. On top of the looming recessionary risk, economists agree the tighter global monetary and financial conditions, coupled […]
Read MoreFor many serious observers, Cambodia is a dark horse with unprecedented potential to turn into the next big thing in Southeast Asia. Rising from the ashes of the Khmer Rouge, Cambodia has established itself as one of the world’s fastest-growing economies in the region. Khmer Times talks to experts to find out why and how […]
Read MoreMANILA, Philippines — The government is bent on meeting this year’s infrastructure spending program even as expenses remain below target as of end-September. Department of Budget and Management (DBM) Secretary Amenah Pangandaman has indicated that infrastructure spending will be achieved despite the slowdown in the first half of the year due to the national elections. […]
Read MoreKUALA LUMPUR, Dec 19 — Malaysia’s trade continued its stellar performance and maintained an upward trajectory in November 2022 with trade expanded by 15.6 per cent to RM238.17 billion compared to November 2021 — the 22nd consecutive month of year-on-year (y-o-y) double-digit expansion. The Ministry of International Trade and Industry (Miti) said in a statement […]
Read MoreConstruction of a 5-billion-baht Silicon Tech Park, expected to be a model for Thai digital cities, is set to start next year in the Eastern Economic Corridor (EEC) through a public-private partnership. The project, dubbed the “Silicon Valley of the East” and co-developed by Planet Communications Asia Plc, Cisco and the EEC Office, is located on an […]
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Thailand
