TEMPO.CO, Jakarta – Indonesian Chamber of Commerce and Industry Chairman (Kadin), Rosan Roeslani, explained the reason behind the downfall of Seven Eleven in Indonesia, which can be traced to their business model that isn’t compatible with Indonesia’s current condition. She said that there are two contributing factors; thin margins and low sales volume. “A person […]
Read MoreThe World Bank Group (WBG) and Myanmar government have agreed to a two-year extension of the Country Partnership Framework (CPF) with up to US$1.2 billion in financing, according to a press statement from the World Bank on June 23, 2017. The focus would be on rural growth, social services, health care and job creation. Over […]
Read MoreAlthough private investment remains relatively low, the private sector has seen clearer signs of improving purchasing power this month. Sanan Angubolkul, vice-president of the Thai Board of Trade, said yesterday the latest economic data from the Thai Chamber of Commerce showed a spending recovery in all regions since early June, boosted by rebounding farm products, […]
Read MoreFormer Bank of Thailand governor Prasarn Trairatvorakul has flashed a warning that cooperatives and an unbalanced property sector will be the sources that trigger a new financial crisis if regulators fail to tighten rules and regulations in a pre-emptive move to keep problems from spiralling out of control. A large number of thrift and credit […]
Read MoreMANILA, Philippines – The government sees sustained growth in public spending in the coming months after a recovery in its disbursement performance last May, the Bureau of the Treasury (BTr) said. In an interview last Friday, National Treasurer Rosalia De Leon said the government is confident it would be able to maintain the improvement in […]
Read MoreResearchers of Laos and Vietnam met to discuss the use of new technologies to improve construction of the country’s roads in the capital last week. The new technology called ANTI-Blooming Additive (TS) improves the new roadways potentially affected by natural disaster, an official said. Deputy Minister of Science and Technology, Mr Houmphanh Intharath attended the […]
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Thailand
