Foreign direct investments (FDI) in labour-intensive activities such as garment exports should be actively promoted from China and elsewhere in order to facilitate Myanmar’s economic transformation, according to the latest briefing paper published by a UK-based think tank. The study called for an expansion of training in the garments sector to tackle shortages of high-level […]
Read MoreThe consumer confidence index (CCI) fell for the third straight month to the lowest in seven months in July as recent flooding and persistent poor farm prices caused rising concerns over weak purchasing power and economic uncertainty. University of Thai Chamber of Commerce vice-president for research Thanavath Phonvichai said the July consumer confidence index declined to […]
Read MoreJAKARTA — Indonesian security companies have seen a surge in demand for guards to protect palm oil plantations from fruit thieves and land grabbers, amid a rebound in prices of the commodity used to churn out everything from cooking oil to soap. Palm prices have jumped over 15% in the last few months, boosting the […]
Read MoreTHE government expects Singapore’s economy to grow by around 2.5 per cent this year, which would be higher than last year’s growth of 2 per cent. Prime Minister Lee Hsien Loong announced this latest forecast of the country’s gross domestic product (GDP) in his annual National Day message on Tuesday evening. The 2.5 per cent projection is at […]
Read MoreBANGKOK (Bangkok Post) – The strength of the baht, which last week leapfrogged the Korean won to become the best-performing currency in Asia against the US dollar in 2017, will be short-lived and is not a threat to exports in the second half of the year, says Thailand’s Finance Minister Apisak Tantivorawong. Mr Apisak pointed to […]
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