Domestic political uncertainty warrants a downside risk for Thailand’s GDP growth outlook this year because a delay in forming the new government could curtail public investment projects and dent private investment incentives, says the World Bank. “Public investment projects could be affected if new government formation is delayed,” said Kiatipong Ariyapruchya, senior economist for Thailand at […]
Read MoreThe growth projection of Laos’ Gross Domestic Product (GDP) is forecasted to be 6.6 percent in 2019 and 6.7 percent by 2020, according to the latest update from the World Bank for East Asia and the Pacific. The key factor in the fast-track growth of the Lao economy is large infrastructure projects, Mongolia’s economy will […]
Read MoreThe Hanoitimes – There are now over 40 enterprises involved in automobile assembly and production in Vietnam and most of them are of small and medium size, with designed capacity of producing and assembling about 800,000 vehicles a year, but they are producing below the designed capacity. Vietnam’s rapidly growing automobile market is luring more foreign […]
Read MoreBUSINESS start-up programmes at DARe (Darussalam Enterprise), intellectual property (IP) protection in Brunei Darussalam, and a local solar company’s journey in patenting their products were among the topics discussed at the ‘Industry 4.0: Convergence of Innovation’ executive seminar held at Lecture Theatre 2 of Universiti Teknologi Brunei’s (UTB) Library Complex yesterday. The seminar was held […]
Read MoreSINGAPORE (BLOOMBERG) – Singapore is grabbing a sub-second opportunity to win a bigger slice of the world’s US$5.1 trillion-a-day foreign exchange market. The South-east Asian nation is encouraging major foreign-exchange players to build systems in the country that would remove the sub-second delay caused by routing trades via Tokyo or London. The move is part […]
Read MoreKUALA LUMPUR: The World Bank Group expects the revival of the East Coast Rail Link (ECRL) and Bandar Malaysia projects to have a positive impact on the country’s economic growth in the medium term. “Certainly, public investment would be supportive of growth in the medium term from a gross domestic product perspective,” lead economist for Malaysia Richard Record told reporters at the […]
Read More
Thailand
