Myanmar’s economy is likely to suffer a blow from a sudden economic slowdown and its subsequent lower FDI, according to the report on the impact of the COVID-19 on Myanmar’s export published by Myantrade. Domestic consumption, the main driver of Myanmar economic growth, will weaken as a result of reduced household spending caused by increased […]
Read MoreThailand risks dropping to No.5 in rice exports over the next decade if the country remains complacent and does not develop a long-term rice strategy for seeds and competitiveness, warns the Thai Rice Exporters Association. Charoen Laothammatas, the association’s president, said on Wednesday Thailand is expected to see a continuous drop in exports as the country’s […]
Read MoreThailand and Taiwan may be added to the US watchlist for currency manipulation after meeting all of the criteria set out by the Treasury Department, according to UBS Group. A country is included in the monitoring list if it fulfills two of three benchmarks: a trade surplus with the United States of at least US$20 […]
Read MoreDollar Rate against Myanmar Kyat, which has been weak since earlier this year, bounced back to nearly K1,400 per dollar today. On July 17, greenback against Myanmar Kyat was around K1,376 per dollar on buying price and K1,383 per dollar on selling price compared to K1,385 in buying rate and K1,397 in selling rate on […]
Read MoreThe cabinet on Tuesday gave the go-ahead for unlicensed hotels to join the We Travel Together tourism stimulus campaign and for expanded subsidies on services or goods bought by travellers during four working days (Monday-Thursday). The move is to increase supply and give tourists more choices, said Prime Minister Prayut Chan-o-cha. Under the cabinet’s decision, […]
Read MoreCambodia is set to develop within a rapidly changing global landscape that offers both new challenges and new opportunities. Set at the intersection between domestic development and global change, will Cambodia in 2040 be a middle-income state with growing prosperity or will it have stagnated at its current, lower-middle-income level, or dropped back to the […]
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Thailand
