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Thailand: Change in focus offsets impact from trade war

THE TRADE war between the US and China is expected to have only a slight impact on Thailand, according to Federation of Thai Industries (FTI) vice chairman Montri Mahaplerkpong. Despite the trade retaliation between US and China during the last four months, Thailand’s exports have continued to grow every month. Montri attributed that to the […]

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Vietnam c.bank sells US$2 billion to stabilize market

The Hanoitimes – The SBV`s current reserve fund of nearly US$64 billion is expected to ease pressure on foreign currency supply in the market, according to a commercial bank`s representative.. Over the last week, the State Bank of Vietnam (SBV) has sold nearly US$2 billion to commercial banks in order to increase supply in the foreign […]

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Thailand: Investors falter in e-commerce market

Investors in the local e-commerce market are struggling to find their footing, trying to differentiate value propositions and realising the segment requires a large amount of capital.  The recent move by SK Planet under SK Telecom to sell its 100% share in 11street Thailand to businessman Chalermchai Mahagitsiri confirmed this, after 11street logged nearly three years […]

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