Although the military-led government has rolled out a raft of stimulus and relief measures to shore up the grassroots economy, spending and indebtedness among the underprivileged are still rampant. Adding to the poor’s predicament is Thailand’s social inequality, which continues to worsen. Credit Suisse’s 2018 Global Wealth Databook reported growing social inequality here, with 1% or about […]
Read MoreThe Consumer Protection Law is expected to be approved by the Council of Ministers early next year, according to the Ministry of Commerce. Two other key pieces of legislation – the Competition Law and the E-commerce Law – are also expected to be passed next year. Mao Thora, Secretary of State at the Minister of […]
Read MoreThe Hanoitimes – Vietnam’s beer production output would be roughly 4.1 billion liters by 2020. The number will rise to 4.6 billion liters by 2025 and 5.5 billion liters by 2035. Foreign investors have tried to hold dominant stake in Vietnamese beer companies in a move to rapidly control the local market, which is now among […]
Read MoreSource: https://www.businesstimes.com.sg/infographics/singapore-economy-7-factors-to-watch-in-2019
Read MoreThe Thai government is encouraging four neighbouring countries to seize opportunities from the Asean single market and collaborate with all 10 member nations to build up the regional economy in a sustainable manner. With the new opportunities, special economic zones (SEZ) represent a key project, connecting Thailand and nearby Cambodia, Laos, Myanmar and Vietnam, all […]
Read MoreMANILA, Philippines — The peso is expected to further lose ground next year, settling at 55 against the dollar by end-2019 due to a widening current account deficit, said London-based Capital Economics. The think tank said it expects the country’s current account deficit to widen to around 2.5 percent of gross domestic product next year. […]
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Thailand
