The nation’s consumer price index (CPI) increased by 0.46 per cent in the first month of this year, the highest month-on-month increase recorded over the two years, the General Statistics Office (GSO) announced yesterday. The January’s CPI also experienced a year-on-year rise of 5.22 per cent, much higher than 1-per-cent growth seen in same period […]
Read MoreThe economic situation this year will be better than most economists expect despite protectionist rhetoric from the US and nervousness in financial markets, says the Deloitte consultancy. According to the first edition of Deloitte’s “Voice of Asia” reports, three factors suggest that global growth is about to pleasantly surprise, with Asia leading the way. “First, […]
Read MoreWith over 625 million inhabitants spanning 10 member states, ASEAN is endowed with a diverse workforce capable of supporting a multitude of manufacturing and service based investments. For those exploring opportunities or actively investing in the region, the benefits of being able to house entire value chains within the bloc must simultaneously be tempered with […]
Read MoreMORE THAN 100 entrepreneurs from Laos and European and regional countries met this week to debate trends and opportunities in the Asean market at the “Vientiane Economic Forum”. The forum was co-chaired by Laotian Deputy Minister of Industry and Commerce Somchith Inthamith, the vice president of the Lao National Chamber of Commerce and Industry, Thanongsinh […]
Read MoreThe Asean Economic Community (AEC) has just marked its one year anniversary after it officially came into effect on Dec 31, 2015 The open economy initiative among the 10 Asean members aims to create a single market and production base to improve their competitiveness. Similar to the establishment of the EU, it also seeks to […]
Read MoreAsean will be more competitive once the Asean Economic Community (AEC) is a reality, going by a new regionwide poll. Businesses will do better, work opportunities will grow and lives will improve, according to the survey, which was conducted by The Straits Times and covered the 10 Asean nations. Many respondents expect to travel a […]
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