A lower economic growth rate has sparked concerns that Laos may not meet the average targeted rate of 7.2 per cent as part of the country’s five-year economic development plan for 2016-2020. Economic growth in Laos has reached only 6.7 per cent over the past four years, which is lower than the target approved by […]
Read MoreCambodia exported 281,538 tonnes of milled rice during the first half of the year, an increase of 3.7 percent compared to the same period last year. For in depth analysis of Cambodian Business, visit Capital Cambodia A recent report from the Ministry of Agriculture shows that, from January to June, 75 local exporters sent milled rice […]
Read MoreFiscal incentives in the form of a tax cut introduced by the government resulted in a slight increase in sales of luxury homes and apartments in June and early July, according to property marketing firm Lamudi. Lamudi recorded that sales of homes with prices starting from Rp 10 billion (US$710,985), such as those in South […]
Read MoreTHAI-BASED queuing system company QueQ is expanding its footprint to Malaysia following its recent US$2.8mil (RM11.6mil) Series A funding from True Incube and Bon Angels Venture Partner of South Korea. The startup helps eliminate the hassle of queuing for businesses and consumers by introducing a seamless virtual queuing system. As businesses become more aware of […]
Read MoreMANILA, Philippines — The Department of Agriculture (DA) is expanding seed production areas in the country efforts to increase farmers’ accessibility to high-quality seeds particularly in Mindanao. DA-attached agency Philippine Rice Research Institute (PhilRice) recently inked an agreement with the University of Southern Mindanao (USM) for the establishment of a 50-hectare seed production area. “Farmers’ […]
Read MoreFear and loathing of the baht’s rapid gain have been on the rise, especially among Thai exporters, as the local currency is perceived as a conduit for speculators to reap short-term gains. The baht’s value hit a six-year high in mid-June of 31.05 against the US dollar as rate-cut signals by the US Federal Reserve […]
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