The World Bank is optimistic about economic growth in Laos, which is projected to rebound to 6.5 per cent this year, rising from 6.3 per cent recorded last year. Despite continued fiscal tightening, the pick-up is expected to be driven by robust investment in mega infrastructure projects including the Laos-China railway, according to the latest […]
Read MoreThe Hanoitimes – The license has somewhat shown Vietnam’s relaxed management of drugs market which is likely to reach US$7.7 billion by 2021. France-based Sanofi-Aventis Vietnam Co., Ltd has been licensed to directly import drugs to Vietnam, becoming the first foreign-invested firm eligible to get such right in the country. With this license, Sanofi directly imported […]
Read MoreA crackdown by China on illegal trade along the vital Muse border crossing located in northern Shan State as well as severe restrictions on agricultural imports continues to affect Myanmar’s border exports to the country. According to data from the Ministry of Commerce, exports declined 28.4 percent to US$2.74 billion from October 1, 2018 to […]
Read MoreKUALA LUMPUR: Risks are growing for Singapore’s three largest banks – DBS Bank Ltd, Oversea-Chinese Banking Corp Ltd (OCBC) and United Overseas Bank Ltd (UOB) – as economic conditions worsen, Moody’s Investors Service said. It said non-performing loans (NPLs) ratios remained low at 1.5%, but would deteriorate amid rising volatility. It added that further improvement […]
Read MoreOf the three stages in digital transformation, 70% of Thai enterprises are in the second step, using software applications and cloud computing, integrating silos of data and making predictions via data analysis, says ABeam Consulting (Thailand), a subsidiary of the Japanese firm. The first step is known as digitisation, where organisations’ data is stored in […]
Read MoreMANILA, Philippines — The Manila Electric Company (Meralco) announced the fourth consecutive month of lower power rates. As a result, overall electricity rates for a typical household consuming 200kWh decreased to P9.5674 per kWh this August from last month’s P9.9850 per kWh. The downward adjustment of P0.4176 per kWh means a decrease of around P84 […]
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Thailand
