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Thailand: Export growth races to four-year high

Thai exports jumped 13.2% year-on-year to UScopy9.9 billion (676 billion), the highest in more than four years, as the global economic recovery helped boost demand and shrug off the impact of the baht’s appreciation, according to the Commerce Ministry. Pimchanok Vonkorpon, director-general of the ministry’s trade policy and strategy office, said the rise in May […]

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Middle East crisis beneficial to Philippines — PEZA

MANILA, Philippines – The Philippines stands to benefit from an ongoing diplomatic crisis in the Middle East as more trade and investments are seen going toward the country, Philippine Economic Zone Authority (PEZA) director general Charito Plaza said. “The Qatar crisis is to our advantage because while they have an embargo with their neighboring countries, […]

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Thailand says US$44bil project can link to Obor

SINGAPORE: Thailand said a US$44bil plan to add infrastructure and upgrade industry on its eastern seaboard can link up with China’s Belt and Road Initiative, as part of a push to encourage economic growth. The Eastern Economic Corridor (EEC) project could be beneficial for China and the rest of South-East Asia, apart from bolstering Thailand’s […]

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Vietnam’ firms urged to boost branding

HANOI — Up to 80 per cent of enterprises invest less than 5 per cent of sales revenue in branding development, undermining the domestic and foreign market share for Vietnamese products. This was one of the issues discussed at a conference in Hanoi on Wednesday on improving competitiveness through branding development. The conference, organised by […]

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