GIVEN Indonesia’s position as a major commodities exporter, growth momentum for the country is likely to slow in the second half of the year as key commodity export prices undergo a correction. Holding all things constant, senior economist at RHB Bank Barnabas Gan hypothesised in a report on Friday (Aug 12) that a uniform decline […]
Read MoreA move to expedite the enforcement of the new daily minimum wage as early as October has added to the debate over what the most acceptable wage rise should be. Labour Minister Suchart Chomklin wants the cabinet to give the final say on the new wage within September, so it can take effect on Oct […]
Read MoreCambodia’s international trade rose to $32.82 billion in the first seven months of this year, a year-on-year increase of 21.3 percent, and the United States is the biggest market for the country accounting for 43 percent of the Kingdom’s total exports. From January to July, Cambodia exported $13.78 billion worth of goods to foreign markets, […]
Read MoreThe Vietnamese medical devices market, which is growing annually at more than 18%, relies heavily on imports, representing significant opportunities for foreign businesses, according to the Ho Chi Minh City Medical Equipment Association. The market is now worth 1.5 billion USD, up from 1.1 billion USD in 2017, Hua Phu Doan, deputy chairman of the […]
Read MoreWhether you support it or not, betting and gambling dens have been commonplace in much of Thailand for a long time, despite authorities’ attempts to stamp it out. Thai people love playing cards and betting on sports, particularly football and cockfighting, although gambling is currently illegal here. Casinos in the border town of Poipet, Cambodia, […]
Read MoreMANILA, Philippines — Japan’s Nomura has slashed its 2022 gross domestic product growth forecast for the Philippines to 6.3 percent from the original target of 6.6 percent amid the expected further GDP slowdown in the second half. Nomura’s latest growth forecast is now lower than the revised 6.5 to 7.5 percent target penned by the […]
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Thailand
