The latest data has pointed to a further deterioration in manufacturing conditions across Asean at the start of the third quarter, according to the headline IHS Markit Purchasing Managers’ Index. The headline index fell from 49.7 in June to 49.5 in July, signalling a second successive monthly deterioration in operating conditions at Asean manufacturers. Furthermore, […]
Read MoreThe economy is likely to expand at a slower pace than the Bank of Thailand’s 3.3% forecast for the year because of subdued exports and domestic consumption, adding to signs of a further projection rollback. The economy moderated in June from May in terms of both domestic and external demand, said Don Nakornthab, senior director of […]
Read MoreCambodia and Vietnam have agreed to work together to develop smart cities. For in depth analysis of Cambodian Business, visit Capital Cambodia The Agence Kampuchea Presse reported that the issue was among the major topics discussed during a meeting between Pa Socheatevong, Phnom Penh Municipal Council president, and a visiting delegation from Vietnam headed by Nguyen […]
Read MoreAn announcement from the Central Bank of Myanmar (CBM) disallowing the use of prepaid cards in the local currency is a step backwards for cashless transactions, industry observers said. The CBM, which made the announcement on July 25, said prepaid cards with a limit of US$5,000 issued by local banks in partnership with foreign financial […]
Read MoreHow scarier can life on the internet be when a single Google search for how much a ticket to Disneyland in Hong Kong costs, for example, will result in a barrage of advertisements on the same topic in various other digital sites like Facebook or even your favorite news sites. Such is the reality of […]
Read MoreCentral Group, the country’s largest mall operator, is transforming a family retail business held for 72 years by the Chirathivat family and worth 240 billion baht into a listed company. Yol Phokasub, chief executive of Central Retail Corporation, said the company will submit filings with the Stock Exchange of Thailand (SET) some time this year. […]
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