Phnom Penh SEZ Plc announced shareholder approval for the issuance of 14 million shares to be sold to Thai-listed logistics provider JWD InfoLogistics and Singaporean logistics management firm Bok Seng Group at its Extraordinary General Meeting on Friday, according to a recent press release. Lim Chhiv Ho, chairwoman of Phnom Penh SEZ, said the decision […]
Read MoreTwo key committees have called for the regulator overseeing thrift and credit cooperatives to speed up tightening prudential regulations. Deposits at such cooperatives remain high and institutions are still increasing investment in risky assets, say the Bank of Thailand’s Monetary Policy Committee (MPC) and the Financial Institutions Policy Committee (FIPC). People’s search-for-yield behaviour through thrift […]
Read MoreThailand’s property market prospects are expected to be bright next year based on the country’s economic expansion, government spending on big-ticket infrastructure projects and the rise of the Eastern Economic Corridor (EEC). Surachet Kongcheep, a property analyst, says market growth will mirror the country’s positive economic trajectory. Key factors boosting the economy are spending on […]
Read MoreThailand welcomed 3 million foreign tourists in November, the tourism ministry said on Monday, 23.18% more than the same month a year earlier. The ministry said the kingdom saw a total of 31.85 million foreign tourist arrivals in the period from January to November, up 8.07% from the previous year. The tourism industry is a […]
Read MoreMORE THAN 150 executives from different companies on Thursday gathered at the Union of Myanmar Federation of Chamber of Commerce and Industry (UMFCCI) office to provide inputs on the Union Tax Law, which would soon be enacted. The event, entitled “CFO Conference”, led to fruitful discussions and a paper based on the participants’ suggestions would […]
Read MoreTHAI EXPORTS soared to their highest in 58 months in November while exports in the first 11 months of the year hit a six-year high, the Commerce Ministry revealed yesterday. Pimchanok Vonkorpon, director-general at the ministry’s Trade Policy and Strategy Office (TPSO), said that exports in November rose 13.4 per cent year on year to […]
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