Strong consumer spending will benefit the mass grocery retail market but value-added services such as online shopping are not expected to gain much ground given logistics and infrastructure hurdles, a research firm said. “Growing consumer spending on food and non-alcoholic drinks, an urbanizing population and the majority of households falling in the low-income bracket will […]
Read MoreEconomic growth in the third quarter could expand by 4% year-on-year propelled by robust export growth, with year-end festivities expected to shore up further growth prospects in the remaining months, says the Bank of Thailand. “Thailand’s economic growth has improved based on strong export growth of 9.1% in the first nine months, with an all-time […]
Read MoreTEMPO.CO, Jakarta – Global power management company Eaton offers to accommodate Indonesia’s emerging data center and energy storage resources industry. Eaton will make Indonesia as one of its priority countries for solutions. The company plans to implement its newest technologies in Indonesia, including managing the data center of the future. This step is in line with the government’s ambition […]
Read MoreKUALA LUMPUR: Malaysia dropped one notch to No.24 in the World Bank’s annual ease of doing business rankings. The report, which is a survey among 190 countries, takes into account the processes that an entrepreneur has to go through to start and operate a business in the country. Malaysia fell a notch lower […]
Read MoreThe government should take steps to raise investor interest in Kachin State. These include designating Kan Pike Tee border gate as an international gate as well as providing basic infrastructure and improving trade conditions at the border between Myanmar and China, local merchants said. If the government is able meet these requirements, it will set […]
Read MoreMalacañang is working on the proclamation of new economic zones in a bid to address concerns raised by investors, a business group said. Philippine Chamber of Commerce and Industry (PCCI) representatives and officials of the Office of the Executive Secretary, Philippine Economic Zone Authority (PEZA) and the Department of Trade and Industry (DTI) recently met […]
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Thailand
