The Hanoitimes – “The digital lifestyle has played a vital role in the rapid growth of the country`s developments in its economy, infrastructure, and education, and this has resulted in increased domestic household income,” said Philippe Broianigo, CEO of Central Group Vietnam and Big C Vietnam. Central Group, Thailand’s largest retail conglomerate, has plans to invest […]
Read MoreThe Monetary Policy Committee (MPC) held interest rates steady this month but discussed the timing of the first tightening in years amid concerns about the risks of keeping policy too easy for too long, minutes of the central bank meeting showed on Wednesday. On Aug 8, the committee voted 6-1 to leave the Bank of […]
Read MoreCentral Group, Thailand’s largest retail conglomerate, plans to raise the number of retail sites in Vietnam over the next five years to 720, almost four times last year’s number. According to Philippe Broianigo, chief executive of Central Group Vietnam and Big C Vietnam, the company is allocating US$500 million to expand in Vietnam during 2018-22. […]
Read MoreExports grew for a 17th straight month in July, elevating their performance in the first seven months to a seven-year high. The Commerce Ministry reported Wednesday that customs-cleared exports rose 8.3% year-on-year in July, fetching US$20.2 billion (662 billion baht), after growing 8.2% in June and 11.4% in May. Exports in baht terms rose by 4.1% […]
Read MoreThe government will sign 17 memorandums of understanding (MoUs) with Chinese counterparts, expecting to capture new trade and investment for the flagship Eastern Economic Corridor (EEC) scheme. “The aim is to connect the EEC to China’s One Belt, One Road initiative,” Industry Minister Uttama Savanayana said, referring to the scheme to link southern China with Southeast Asia […]
Read MoreThailand’s trade with free-trade agreement (FTA) partners rose by 14.2% year-on-year in the first half of the year. Auramon Supthaweethum, director-general of the Trade Negotiations Department, said the trade value between Thailand and 17 trading partners under the 12 effective FTAs amounted to UScopy48.2 billion, with exports contributing $73.79 billion, up 13.3% year-on-year, with imports valued […]
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