THE Lao government estimates that the revenue earned from foreign visitors will be $876 million this year, a drop of 2.63 per cent compared to last year. The government had targeted five million tourist arrivals last year and income of $900 million but the latest estimate shows that only 4.18 million people visited Laos. A […]
Read MoreTHUA THIEN-HUE — Kim Long Nam JSC has received approval in principle from the People’s Committee of Thua Thien – Hue to develop an auto manufacturing – assembly complex in the Chan May – Lang Co Economic Zone. The Kim Long Motors Hue complex spans approximately 160ha, with its first phase costing some VND3.33 trillion […]
Read MorePRIVATE home prices in Singapore eased by 0.1 per cent in the fourth quarter of last year, after inching up 0.5 per cent the previous quarter, according to data released by the Urban Redevelopment Authority (URA) on Friday. This marked a 7.9 per cent increase in the private property price index for the whole of 2018, as compared […]
Read MoreModern trade sentiment is expected to become more bullish in the first quarter this year as the upcoming general election and the value-added tax (VAT) refund for Chinese New Year shopping could spur a shopping spree among consumers. Thanavath Phonvichai, vice-president of research at the University of the Thai Chamber of Commerce (UTCC), said the election […]
Read MoreSINGAPORE: Singaporean commodity trader Olam International said on Friday it will sell its sugar, rubber, wood products and fertiliser businesses and other assets to release $1.6 billion of cash to reinvest as part of a six-year strategic plan. The company plans to invest $3.5 billion in the period to 2024 in 12 prioritised businesses, including […]
Read MoreBangkok has maintained its position among the world’s 20 most dynamic cities, ranking 18th in the sixth City Momentum Index published by the property consultancy JLL. The index measures momentum for 131 commercially active cities by tracking a range of socio-economic and commercial real estate indicators over a three-year period to identify the urban economies and […]
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Thailand
