Hopes of signing the world’s largest free trade pact at a regional summit in Bangkok have been thrown into doubt after objections from India. China, hurt by its trade war with the US, is keen to see the deal finalised. UN Secretary-General Antonio Guterres, Thai Prime Minister Prayut Chan-o-cha, Brunei’s Sultan Hassanal Bolkiah and Cambodian […]
Read MoreSET-listed Thai Union Group Plc (TU), a global seafood conglomerate, reported a 20.6% year-on-year plunge in third-quarter net profit as sales were affected by the baht’s appreciation. The company reported a net profit of 1.37 billion baht, down 9.2% quarter-on-quarter. “The decline was mostly driven by weak sales as a result of foreign exchange volatility […]
Read MoreMANILA,Philippines — Manufacturing output declined in September as eight major industries registered declines in output during the period, the Philippine Statistics Authority (PSA) reported yesterday. Factory output, as measured by the Volume of Production Index (VoPI), declined by three percent in September, reversing the 1.3 percent growth in September 2018. PSA attributed the decline to […]
Read MoreThe Hanoitimes – From the state firms’ perspective with the priority of ensuring no loss to state capital, investments in innovation pose high risks due to its uncertain nature, which could translate into successes into the long term or not. Despite holding a key role in Vietnam’s economy, the state corporate sector is trailing behind other […]
Read MoreIndonesia’s economic growth is expected to slow to 4.9 percent in the third quarter of this year as weak global demand affects trade and weakens manufacturing industry, while commodity prices continue to decline, according to a local research house. “We predict GDP to grow more slowly at 4.9 percent in Q3 2019. We also revise […]
Read MoreThe government welcomes investment from Germany in the Kingdom’s solar and renewable energy sector as local demand for electricity continues to rise between 15 to 20 per cent annually, Ministry of Mines and Energy official Victor Jona said on Tuesday in Phnom Penh. Jona, who is the director-general of the ministry’s General Department of Energy, […]
Read More
Thailand
