LONDON: Jollibee Foods, a major Asian fast-food operator, hopes to generate half its sales outside its home market of the Philippines within five to seven years, up from 30 percent now, its chief executive told Reuters. It also hopes to double its revenue in five years, as it expands its own chains and buys others, […]
Read MoreThe government has set a lofty export growth target of 8% for next year, while the private sector believes the increase will be 5% at best, citing negative momentum from the prolonged US-China trade dispute. Deputy Prime Minister Somkid Jatusripitak, who chaired Thursday’s joint meeting between businesses, Commerce Ministry officials and international commercial counsellors, said the government […]
Read MoreCambodia and Thailand have agreed to promote the use of single visa for foreign tourits, particularly among those traveling within the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) countries. In the second Cambodia-Thailand tourism Ministers meeting held in Kampot, the two sides said they planned to bring up the idea of using ACMECS single visa for foreign tourists […]
Read MoreMANILA, Philippines — The Philippines is losing as much as P4 trillion annually due to road, sea, and air traffic, the country’s largest business organization said as it continues to urge the government to address the issues affecting the country’s growth potential. During the 44th Philippine Business Conference and Expo, the Philippine Chamber of Commerce […]
Read MoreThe Hanoitimes – VinHomes is GIC`s largest investment to date with the current market value of VND15 trillion (US$639.25 million), followed by Masan with VND6 trillion (US$255.7 million) and Vietjet Air with VND3.7 trillion (US$157.68 million). With investment portfolio of nearly VND30 trillion (US$1.3 billion) in Vietnam, Singapore’s sovereign wealth fund GIC is one of the […]
Read MoreThe Fourth Industrial Revolution refers to a set of highly disruptive technologies, such as artificial intelligence (AI), robotics, blockchain and 3D printing, that are transforming social, economic and political systems and placing pressure on leaders and policy-makers to respond. The paper discusses the huge benefits these technologies will bring, such as empowering SMEs and creating […]
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Thailand
