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 […]
Read MoreCambodia’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 […]
Read MoreThe 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 […]
Read MoreThe 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, […]
Read MoreAS Singapore further slashed its official growth forecast on Tuesday, the question of economic stimulus moves loomed large. Not time yet, argued some. Targeted measures needed soon, said others. But where there is no disagreement is that it will be a challenging period for the Republic ahead. Gross domestic product (GDP) is now expected to […]
Read MoreTwo-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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