Cambodia is committed to join hands with other ASEAN member states and improve its transportation system to offset the cumulative impact of Covid-19 containment measures and boost regional trade, according to the Ministry of Public Works and Transport. Various Intra-ASEAN discussions are underway on tactics to better facilitate transportation and reduce the increased shipping times […]
Read MoreThe Thai financial system has become more vulnerable due to negative shocks from the latest coronavirus outbreak and there remained significant risks to the economy, the minutes of the central bank’s last meeting showed on Wednesday. On May 5, the Bank of Thailand’s monetary policy committee left the policy rate unchanged at a record low […]
Read MoreThe Vietnamese retailer will modernize Vietnam’s grocery market and develop an unparalleled consumer proposition from assortment to shopping experience. A consortium led by Chinese-e-commerce giant Alibaba Group and Hong Kong-based Baring Private Equity Asia (BPEA) will acquire a 5.5% stake in The CrownX, Masan Group’s subsidiary for a total investment of US$400 million. The deal […]
Read MoreThe Budget Bureau has proposed that the government increase the investment funds to be incorporated into the budget bill for the next fiscal year in order to meet the requirements of the current fiscal discipline law. Dechapiwat Na Songkhla, the Budget Bureau’s director, said on Tuesday the bureau has suggested that at least 76 billion […]
Read MoreKUALA LUMPUR, May 19 — Maintaining a competitive edge in the contemporary world of retail is a constant challenge. Ever-changing strategies are needed just to stay on the beat. The most apparent change to retail is increased digitalisation. From major household names and brands to mom-and-pop shops, everyone is taking the initiative to set up […]
Read MoreMANILA, Philippines — Japanese investment bank Nomura expects a 5.1 percent increase in remittances from overseas Filipino workers (OFWs) this year with the reopening of economies in host countries amid the continued rollout of COVID-19 vaccines. Euben Paracuelles, chief economist for Southeast Asia at Nomura, said the projected growth in remittances reflects low base effects […]
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Thailand
