AS Singapore further slashed its official growth forecast on Tuesday, the question of economic stimulus moves loomed large. Not time yet, argued some. Targeted measures needed soon, said others. But where there is no disagreement is that it will be a challenging period for the Republic ahead. Gross domestic product (GDP) is now expected to […]
Read MoreTwo-way trade between Cambodia and Thailand rose steadily during the first half of the year, according to a report from the Thai Business Council of Cambodia (TBCC). For in depth analysis of Cambodian Business, visit Capital Cambodia Bilateral trade increased by 7 percent year-on-year in H1, reaching roughly $4.1 billion, TBCC’s report revealed. From January to […]
Read MoreLast week, the national income estimates for the first semester were released. The growth rate of output or GDP was 5.5 percent based on year-on-year estimates. A lingering question for the whole year is whether the year’s growth target of around six percent for 2019 is achievable. Under-performance. This was a disappointing result as the […]
Read MoreThe Mandalay Region government needs to have specific policies to boost small-and-medium enterprises (SMEs) in order to attract and grow high-skilled jobs. The Mandalay Region Chamber of Commerce and Industry (MRCCI) unveiled the 2019-2022 Mandalay Region Business Agenda last month suggested several initiatives including for taxation, regulations, labour and education that the regional government can […]
Read MoreBusiness sentiment hit its lowest rate in 18 months in July, attributed to the mounting trade row between the US and China, falling exports and relatively low farm prices. The Thai Chamber of Commerce (TCC) confidence index, a gauge of nationwide business sentiment, fell for a fifth straight month in July to 46.7 points from […]
Read MoreMANILA, Philippines — Net inflows of foreign direct investments (FDI) plunged 85 percent in May, hitting its lowest level in more than three years, amid external headwinds wherein emerging markets remain affected by the trade war between the US and China. The Bangko Sentral ng Pilipinas (BSP) reported yesterday that net FDI inflows amounted to […]
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