The depreciation of the Chinese yuan will affect the baht and Thailand’s export values for the rest of the year, which will force the Bank of Thailand to come up with measures to manage the currency, economists say. “The baht will fluctuate and even depreciate when foreign investors take their money out in response to […]
Read MoreMANILA, Philippines — Growth in consumer prices further eased to 2.4 percent in July, the slowest in two years, on the back of cheaper rice, fuel and utilities, the Philippine Statistics Authority (PSA) said in a report yesterday. July’s headline inflation slid further from 2.7 percent in June and 5.7 percent a year earlier, bringing […]
Read MoreWith the online shopping market expected to rise to 470 billion baht in three years, messaging app Line is embarking on an e-commerce platform called Line Shopping by providing a wide assortment of items from 15 major online marketplaces. The move is expected to affect similar platforms, such as RebateMango and Shopback, as well as […]
Read MoreThe Council for the Development of Cambodia (CDC) has urged relevant parties to increase efforts to attract more foreign investors to border areas. CDC secretary-general Sok Chenda Sophea said to achieve this, it is necessary to develop infrastructure there such as special economic zones (SEZ), connect them to the power grid and identify attractive industry […]
Read MoreKUALA LUMPUR: Malaysia has the unenviable honour of sitting on the throne of the highest level of illegal cigarettes in the world. This bleeds the country of at least RM5bil annually in uncollected taxes from the illicit cigarette trade. With the unregulated vaping products factored in, the government stands to lose RM6bil in total every […]
Read MoreThe Hanoitimes – Over the past 10 years, M&A activities in Vietnam have been growing strongly and become an indispensable part of the investment – business ecosystem in Vietnam. Total value of mergers and acquisitions (M&A) deals in Vietnam in 2018 hit US$10.2 billion, marking a big jump from just US$1.1 billion 10 years ago, leading […]
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Thailand
