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Thailand: Retail sales dip in Q2 but rebound on the cards

Thailand’s retail industry grew 2.81% in the first half of 2017, lower than the 3-3.2% expected earlier, the Thai Retailers Association (TRA) said yesterday. While retail sales grew 3.02% in the first quarter, growth was sluggish in the following three months, said TRA president Jariya Chirathivat. Retail branches in Greater Bangkok and major tourist areas […]

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Indonesia: Govt Has No Option But to Import Salt: Minister

TEMPO.CO, Pekanbaru – Minister Darmin Nasution said that the government has no option but to import salt following the lack of supply on the domestic market. “We have no choice, it’s already been done, the stocks of salt are lacking,” the Coordinating Minister for Economic Affairs Darmin said yesterday, July 31, in Pekanbaru. He said that salt import is […]

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Solving Myanmar’s power problem

ABB believes microgrids are the solution to Myanmar’s power shortage problems. A senior executive at the power grid company explains how it can be done. Stay in Yangon long enough and you’ll probably experience the electricity going off halfway through your meal at one of the city’s many restaurants. The problem is so common in the […]

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Property prices expected to rise 10%, survey shows

Thais are concerned about what lies around the corner for Bangkok’s real-estate market, but expect to see property grow in value over the next five years, according to the latest consumer sentiment survey by DDproperty, a leading online property portal.  The survey, carried out in the first half of this year, looks at sentiment in Bangkok […]

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