The Finance Ministry is set to dust off a planned cash handout for travel to 55 secondary provinces by including it in the economic stimulus package going before new Finance Minister Uttama Savanayana. The proposed cash handout for spending in secondary provinces will cost the government tens of billions of baht if the measure comes […]
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Read MoreThe Hanoitimes – Sustaining growth was owing to strong inflows of foreign direct investment, up by 27% in the first five months of 2019 from a year earlier. The Asian Development Bank (ADB) maintained its forecast for Vietnam’s GDP growth at 6.8% in 2019 and 6.7% for 2020, making the country the fastest-growing economy in […]
Read MoreSecurities brokers expect the new government to raise the minimum daily wage to Bt400 from Bt325, shortly after formation of the new Cabinet. Although the higher wage will boost domestic consumption, it would also lead to a spike in the production costs of some industries. Natthachart Mekmasin, assistant MD at Trinity Securities Co Ltd, said […]
Read MoreYANGON — Foreign investment shows signs of recovering in Myanmar, one of Southeast Asia’s frontier markets, led by more than twofold gains in inflows from China and Singapore. Approved foreign investments rose 79% on the year for the six months ended in June, reaching $2.35 billion, according to Myanmar’s Directorate of Investment and Company Administration. Mainland Chinese and Hong […]
Read MoreAn economic zone will soon be built in Kanpaiktee at the Myanmar – China border, according to Ministry of Commerce. At the zone there will be truck parking, warehouses, and modern equipment to check installed. The President Office has ordered the central and working committee concerning building of Myanmar-China border economic cooperation zone to perform […]
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Thailand
