MANILA, Philippines — More speculative funds left the Philippines in March, ending two straight months of net inflow following the interest rate liftoff by the US Federal Reserve and the impact of Russia’s invasion of Ukraine, resulting in a net outflow for foreign portfolio investments in the first quarter of the year. Data released by […]
Read MoreThe Minister of Commerce has sought more Japanese investments in the Kingdom as Cambodia and Japan are keen to work on negotiations to possibly establish a bilateral free trade agreement. Pen Sorasak, Minister of Commerce asked the Japan-Cambodia Association to promote the potential of Cambodia to Japanese investors and businessmen to Cambodia. The calls were […]
Read MoreThai households are saddled with the highest level of debt in 14 years and prospects remain worrisome as the Thai economy has not yet recovered while the prices of goods keep rising, weakening consumer purchasing power. The latest survey by the University of the Thai Chamber of Commerce (UTCC) interviewed 1,260 respondents whose income is […]
Read MoreSINGAPORE/SHANGHAI: Alibaba Group plans to expand its Southeast Asian arm, Lazada, to Europe, two sources familiar with the matter told Reuters, as the Chinese e-commerce company seeks further overseas growth amid slowing opportunities at home. The move comes months after Alibaba’s logistics arm, Cainiao, opened a central hub for European sales in Belgium. Alibaba is […]
Read MoreThe Kingdom has a young and highly cost-competitive workforce ideal for manufacturing various types of electronics components. Sixty-four percent of its 16 million population is under 35 years of age, with minimum wages in the country currently set at $194 per month, which is at least 10-20 percent lower than other major manufacturing hubs in the region Cambodia […]
Read MoreThe Thai economy is expected to grow over the next 1-2 months, driven by higher demand for industrial products and exports, following a rise in the Manufacturing Production Index (MPI) in March to 109.32 points, the highest level since April last year, says the Office of Industrial Economics (OIE). The projection is calculated by the […]
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Thailand
