The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has revised up its GDP growth forecast to 0.5-1.5% this year, up from 0-1%, as it expects better business prospects stemming from the reopening of the country and stimulus measures. “Thailand has officially reopened while lockdown measures are relaxed. These are good for economic activities […]
Read MoreThe government of Laos hopes to earn LAK two trillion in revenue from mining and trading the bitcoin cryptocurrency. Lao Minister of Finance, Bounchom Ubonpaseuth, told the National Assembly on Monday that mining the cryptocurrency could contribute to the LAK 28,963 billion in revenue projected for 2022, according to Vientiane Times. The government of Laos authorized six companies […]
Read MoreOvercoming China and Cambodia, the US became the largest trading partner of Vietnam’s agricultural industry in January-October 2021. The latest import-export report of the Ministry of Agriculture and Rural Development (MARD) shows that in this period, the total import-export turnover of Vietnam’s agricultural, forestry and fishery products reached over 74.3 billion USD, up 24.2% over […]
Read MoreBangkok was ranked 68th out of 80 global cities for facilitating remote work, weighed down by its employment compliance rules, according to a study by WorkMotion, a global HR platform facilitating companies hiring remote employees. Melbourne was ranked first, followed by Montreal, Sydney and Wellington. The study gauges which global cities are most accessible and […]
Read MoreMany businesses are running three production shifts a day to fulfill orders from Europe and the US. Some of them have enough orders for production until April 2022. The General Statistics Office (GSO) estimated that the industrial production index in October 2021 increased by 6.9 percent over the month before, while export turnover reached $27.3 […]
Read MoreMANILA, Philippines — The Philippines remained the second fastest growing market for motor vehicle assembly and sales in Southeast Asia, posting double-digit growth in the nine months to September. Data from the Association of Southeast Asian Nations (ASEAN) Automotive Federation showed 63,341 motor vehicles were manufactured in the Philippines as of end-September, 35.8 percent higher […]
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Thailand
