Toshiba Thailand is telling customers its business will not be affected by Toshiba Corporation’s recent acceptance of a buyout offer for about ¥2 trillion (500 billion baht) from a group led by domestic private equity firm Japan Industrial Partners Inc (JIP). Kobkarn Wattanavrangkul, chairwoman of Toshiba Thailand Co, yesterday said she remained confident in the company’s […]
Read MoreHANOI, March 29 (Reuters) – Vietnam’s economic growth in the first quarter slowed to 3.32% from an expansion of 5.05% in the same period last year, government data released on Wednesday showed, as its exports fell sharply. The Southeast Asian country, a regional manufacturing hub, reported a 11.9% year-on-year fall in its exports in the […]
Read MoreKUALA LUMPUR (March 29): Bank Negara Malaysia (BNM) said its monetary policy considerations will continue to focus on managing inflation risks while supporting sustainable economic growth, in view of a more moderate economic growth projected. In its Economic and Monetary Review 2022 released on Wednesday (March 29), the central bank also said its Monetary Policy Committee (MPC) […]
Read MoreAmid an increase in non-garment shipments despite a declining growth of garment export, the value of Cambodian exports increased by one percent in February 2023 compared with a fall of 23.6 percent recorded in January. This positive growth is due to an uptick in non-garment export despite a declining growth of garment export, according to […]
Read MorePETALING JAYA: The national inflation rate could reach a projected 3.1% to 3.3% this year if the monthly inflation rate remains subdued, says Economy Minister Rafizi Ramli. He said at a press conference in Putrajaya that since December 2022, the country’s inflation rate has reached a more stable level. “About six months from the highest […]
Read MoreThe target for inbound Chinese tourists this year has been upgraded to 6-7 million from 5 million, with more than 250,000 of them scheduled to visit Thailand in April, according to the Tourism Authority of Thailand (TAT). Tanes Petsuwan, TAT deputy governor for Asia and the South Pacific, said the Chinese market has grown every month […]
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