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Indonesia tries to lure Thais with twin campaigns

Indonesia is beckoning international tourists with dual campaigns, aiming at 200,000 visitors from Thailand this year. Indonesia’s Tourism Ministry and Tourism & Culture Department are joining forces to promote the country as a prime destination in Asia and on the global map with a national campaign, Wonderful Indonesia, and a special campaign for the capital, […]

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UN-ESCAP: Cambodia will grow at 7%

Cambodia’s economic growth is forecast to continue at a healthy seven percent for 2017-2018, according to a United Nations report released yesterday.  Strong exports by the garment and agriculture industries were at the heart of the rosy outlook in the report published by UN’s Economic and Social Commission for Asia and the Pacific (UN-ESCAP), which […]

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Myanmar: Politics and economy two sides of the same coin

As part of the interview, EU ambassador Roland Kobia spoke to The Myanmar Times on the importance of political stability on investor confidence and the economy. Apart from the issues you mentioned, what concerns do EU businesses have? I want to raise another issue, the political factor. The new government has been in power for […]

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Thailand: KBank eyes slower SME loan growth

Kasikornbank (KBank) expects its small and medium-sized enterprise (SME) loans this year to grow at a slower pace than last year’s 4-6% because of thin loan demand amid an uneven economic recovery, says a senior official. The bank’s 2017 SME loans will grow at a similar rate to the first quarter’s 1-2%, said senior executive […]

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Thailand: Big retailers, manufacturers to clear up price hikes

The Commerce Ministry is scheduled to hold a meeting with consumer goods makers and big retailers today to discuss the product price structure and clarify indirect price hikes alleged by consumers. Deputy Commerce Minister Sontirat Sontijirawong said the Internal Trade Department has been tasked with holding the joint meeting after consumers complained about being charged […]

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