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Thailand: Huge potential seen in MAINTENANCE work

WHILE THAILAND’S aeronautical industry will see a rapid expansion in the next 20 years as the country is set to become the Asean region’s hub for aircraft maintenance repair and overhaul (MRO), strong political will and a “mechanism” are needed to make the fuller ambition come true. Airbus and national flag carrier Thai Airways (THAI) […]

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Thailand: Boom along the border

A group of Chinese investors has poured in close to 10 billion baht to develop a new city in Thmada, a border village in Veal Veng district in Cambodia’s Pursat province — a project which, upon completion, is expected to change the dynamics of trade and tourism along the Thai-Cambodian border. Thmada is adjacent to […]

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Philippines: More rate cuts this year — ANZ

MANILA, Philippines — ANZ Research said the Bangko Sentral ng Pilipinas (BSP) may resume its easing cycle starting next month as it continues to reverse the tightening episode last year wherein benchmark rates were lifted by 175 basis points to prevent inflation from spiraling out of control. In its latest economic outlook, ANZ said the […]

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Non-tariff barriers hurdle for Asean community targets

WITHOUT a stronger focus on tackling non-tariff barriers, Asean will not accomplish the objectives of the Asean Economic Community (AEC) and will fail to meet the targets in the AEC Blueprint 2025, warns a June 22 report. Jointly commissioned by the European Union-Asean Business Council (EU-ABC) and the Asean Business Advisory Council (Asean BAC), the […]

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