The controversial acquisition of Tesco by CP Group could leave lasting damage on the economy, several trade commissioners have warned. The government’s competition watchdog approved the Group’s US$10.6-billion acquisition of the British supermarket’s Thai operations last week. The deal would see CP acquire 86.9% of Tesco’s Thai operations and 100% of the UK retailer’s Malaysian […]
Read MoreFor the first eight months of this year, there were in total 3,350 construction projects across Cambodia with an estimated investment capital of $5,081 million, according to the Socio-Economic Trends released by the Ministry of Economy and Finances Tuesday. If compared to the figures in the first eight months of 2019, the number of approved […]
Read MoreThe Ministry of Industry and Trade (MoIT) will promote domestic market consumption to contribute partly to enhancing socio-economic development. In the context that the COVID-19 pandemic is affecting export, investment and tourism activities, the domestic market continues to be a bright spot in the macro-economy for short and also long-term economic growth, according to the […]
Read MoreMANILA, Philippines — More foreign direct investments (FDI) flowed into the country for the fourth straight month in August, surging by 46.9 percent to $637 million on renewed investor confidence despite the raging coronavirus pandemic, according to the Bangko Sentral ng Pilipinas (BSP). The strong performance in August slowed the pace of decline during the […]
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Thailand
