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Thailand: Ad spending still sluggish

The sluggish economy and lack of consumer confidence continues to cause subdued media spending, with year-to-date ad expenses dropping 2% from the same period a year earlier, says researcher Media Intelligence Co (MI). “The local media industry will continue to decline because of the economic slowdown, while consumers are not willing to spend,” said Pawat […]

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ILO: Cambodia’s footwear sector ripe for investment

Cambodia’s footwear sector will provide more opportunities for investment and production than the garment sector due to significant growth over the last five years, said an International Labour Organisation (ILO) research bulletin on Cambodia’s garment, textile, and footwear (GTF) industry. The bulletin said the footwear sector has grown more rapidly than the garment sector in […]

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Bank of Thailand mulls relaxing LTV rule

The Bank of Thailand is considering relaxing the loan-to-value (LTV) regulations governing mortgage lending by refraining from requiring co-signers. The central bank has considered a raft of proposals from property developers to ease the LTV requirements, with an end to the co-signer rule likely the only one to change, said Ronadol Numnonda, deputy governor for […]

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Thailand: Land appraisal price sees 8% rise

The average appraisal price for new land, which will take effect for four years starting from Jan 1, 2020, has risen by 8% nationwide from the current version. The appraised prices of about 70% of total land have been held from the previous assessment, with 29% increasing and the remaining 1% falling, said Wilawan Veerakun, […]

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Cambodia-Thailand trade sees steady growth

Two-way trade between Cambodia and Thailand rose steadily during the first half of the year, according to a report from the Thai Business Council of Cambodia (TBCC). For in depth analysis of Cambodian Business, visit Capital Cambodia Bilateral trade increased by 7 percent year-on-year in H1, reaching roughly $4.1 billion, TBCC’s report revealed. From January to […]

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