With an executive leadership transition in Thailand, US carmaker General Motors says its business strategy remains on course, focusing only on pickup trucks and sport utility vehicles (SUVs) in the Thai market. Yesterday, GM International announced the appointment of Sumito Ishii, managing director of GM Vietnam, as interim managing director of GM Thailand and Chevrolet […]
Read MoreMANILA, Philippines – Prospects for the Philippines continue to remain bright given its sound economic fundamentals, but further improvement on its domestic policies would be critical to take its economy a notch higher, global research and consultancy firm Oxford Business Group (OBG) said. OBG launched yesterday its latest publication entitled “The Report: The Philippines 2017” […]
Read MoreKT: How good is connectivity within Asean and the world? Dato’ Sri Mustapha: Southeast Asia’s ambitious plans to boost region-wide economic integration – and consolidate its position as a key transport, communication and tourism hub – hinge largely on forging stronger transport, regulatory and people-to-people links among the ten members of Asean. Connectivity here focuses […]
Read MoreMANILA, Philippines – The economy grew at a faster rate of 6.9 percent in the first quarter, fueled by rapidly increasing private investment and consumption, according to Moody’s Analytics. In its latest Asia Economic Preview, the economic research and analysis arm of Moody’s Corp. said the first quarter gross domestic product (GDP) growth was faster […]
Read MoreKUALA LUMPUR: Malaysia’s economy is expected to grow at a faster pace of 4.8% in the first quarter ended March 31, 2017, underpinned by external demand due to stronger exports, says RAM Ratings. The ratings agency said on Monday the growth will be higher than the 4.5% in the preceding quarter of 4.5% in Q4, […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia (BI) projects May’s inflation at 0.27 percent. This is based on a survey BI held in 82 cities in the second week of the month. On an annual basis, May’s inflation is estimated at 4.12 percent. “This is still in line with the government’s and BI’s target,” BI governor Agus Martowardojo […]
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Thailand
