Last week, the national income estimates for the first semester were released. The growth rate of output or GDP was 5.5 percent based on year-on-year estimates. A lingering question for the whole year is whether the year’s growth target of around six percent for 2019 is achievable. Under-performance. This was a disappointing result as the […]
Read MoreThe Mandalay Region government needs to have specific policies to boost small-and-medium enterprises (SMEs) in order to attract and grow high-skilled jobs. The Mandalay Region Chamber of Commerce and Industry (MRCCI) unveiled the 2019-2022 Mandalay Region Business Agenda last month suggested several initiatives including for taxation, regulations, labour and education that the regional government can […]
Read MoreBusiness sentiment hit its lowest rate in 18 months in July, attributed to the mounting trade row between the US and China, falling exports and relatively low farm prices. The Thai Chamber of Commerce (TCC) confidence index, a gauge of nationwide business sentiment, fell for a fifth straight month in July to 46.7 points from […]
Read MoreMANILA, Philippines — Net inflows of foreign direct investments (FDI) plunged 85 percent in May, hitting its lowest level in more than three years, amid external headwinds wherein emerging markets remain affected by the trade war between the US and China. The Bangko Sentral ng Pilipinas (BSP) reported yesterday that net FDI inflows amounted to […]
Read MoreThe World Bank is optimistic about economic growth in Laos, which is projected to rebound to 6.5 per cent this year, rising from 6.3 per cent recorded last year. Despite continued fiscal tightening, the pick-up is expected to be driven by robust investment in mega infrastructure projects including the Laos-China railway, according to the latest […]
Read MoreThe Hanoitimes – The license has somewhat shown Vietnam’s relaxed management of drugs market which is likely to reach US$7.7 billion by 2021. France-based Sanofi-Aventis Vietnam Co., Ltd has been licensed to directly import drugs to Vietnam, becoming the first foreign-invested firm eligible to get such right in the country. With this license, Sanofi directly imported […]
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Thailand
