The state-owned Export-Import Bank of Thailand (Exim Thailand) will open its first overseas representative office in Yangon, Myanmar, next month to help Thai investors who are expanding into the neighbouring market. “Exim Thailand is ready to support Thai entrepreneurs who wish to expand their export markets or relocate their factories to Myanmar with a view […]
Read MoreThai poultry exports are likely to continue their growth this year as many countries restrict imports of US poultry in light of a bird flu outbreak. Prasit Chalongchaichan, executive vice-president of Charoen Pokphand Foods Plc (CPF), said foreign purchase orders have increased consistently for the SET-listed flagship of agribusiness giant Charoen Pokphand Group, after bird […]
Read MoreMANILA, Philippines – Philippine Seven Corp. (PSC), the local licensee of leading convenience store chain 7-Eleven, is pouring in P3.5 billion this year for the construction of 412 new stores. PSC president Jose Victor Paterno said the company plans to add 300 to 400 new stores a year or a growth of 20 percent. Last […]
Read MoreTEMPO.CO, Jakarta – Industry Minister Airlangga Hartarto said that food and beverages industry grew 8.46 percent in the fourth quarter of 2016, or above non-oil and gas processing industry at 4.42 percent. The export value of food and beverages products, including palm oil, in 2016 reached USD26.39 billion. Meanwhile, investment realization in food and beverages […]
Read MorePRACHIN BURI – Prime Minister Prayut Chan-o-cha has asked Thais to sacrifice by paying 1% more in value-added tax (VAT) to reap 100 billion baht for the state coffers. The prime minister made the plea Thursday before a gathering of residents who welcomed him at Prachin Ratsadornamrung School in this province east of Bangkok. He […]
Read MoreMANILA, Philippines – The Philippines needs to forge more free trade agreements (FTAs) with other countries if it wants to sustain the manufacturing sector’s growth, the Department of Trade and Industry said. In a briefing Tuesday, DTI Assistant Secretary Rafaelita Aldaba said forging FTAs with more countries is an important strategic action needed to ensure […]
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