KUALA LUMPUR: Malaysia’s April 2017 manufacturing sales posted a strong growth of 15.6%, rising to RM60.5 billion compared with RM52.3 billion a year ago. In a statement on Friday, the statistics department said the significant increase in sales value year-on-year in April 2017 was due to the increase in electrical and electronics products (17.3%), petroleum, […]
Read MoreBusiness loans given to private companies have not increased this year since the government limited finance granted to developers for carrying out infrastructure projects. Bankers who asked not to be named told Vientiane Times on Tuesday that construction businesses have slowed down in recent months. Construction projects including roads have halted because companies are facing […]
Read MoreBusinesses and economists suggested that economic growth would depend on a growing manfacutring sector, liberalisation and revising the governing framework of different sectors. Deputy minister for the Ministry of Commerce, U Aung Htoo, said that the ministry would boost export and simplify procedures for trade and exports. The comments were made to follow up the […]
Read MorePrime Minister Prayut Chan-o-cha on Thursday defended the proposed 450-billion-baht budget deficit for fiscal year 2018 while stressing the government’s spending plan is aimed at strengthening the country, not consolidating the regime’s power. In his address to the National Legislative Assembly (NLA) Gen Prayut said the 2.9-trillion-baht budget is a tool to drive national development […]
Read MoreMudman Plc, an authorised franchisee of Au Bon Pain bakery chain in Thailand, has obtained the rights to expand the bakery into Cambodia, Laos, Myanmar and Vietnam (CLMV). The move is to capture increasing demand for lifestyle products, particularly food, among the CLMV market’s growing middle class. An improved economic situation in these countries has […]
Read MoreSingapore firms will find it easier to team up with partners in fast-emerging Myanmar to explore business openings there under a new bilateral agreement. Trade agency IE Singapore signed the memorandum of understanding with the Myanmar Investment Commission (MIC) yesterday. The MOU will open doors for more Singapore firms to explore collaborations in urban and […]
Read More
Thailand
