‘We cannot continue to pour in resources,’ its president says of business in the Southeast Asian market. Japan’s second largest convenience store chain FamilyMart plans to stay focused on domestic market as it reported losses in several Southeast Asian economies including Vietnam. Koji Takayanagi, the chain president, said the firm is reviewing loss-making businesses in […]
Read MoreCambodia for the first time will hold the World Economic Forum (WEF) on Asean with Prime Minister Hun Sen opening the three-day meeting today that brings together more than 700 leaders from business, government, academia and civil society. The theme for this year’s WEF on Asean is “Youth, Technology and Growth: Securing Asean’s Digital and […]
Read MoreMANILA, Philippines — The Department of Agriculture (DA) is now calling for the immediate importation of the 250,000 metric tons (MT) of rice that will serve as the country’s buffer stock in time for the coming of the lean months. Agriculture Secretary Emmanuel Piñol said he is now backing the proposal of state-run National Food […]
Read MoreKUALA LUMPUR: Malaysia’s industrial output expanded 4.6% in March from a year ago, boosted by the manufacturing sector, but the growth was slower than Bloomberg’s survey of a 4.8% increase. The Statistics Department said on Thursday the industrial production index’s (IPI) growth was supported by positive growth in manufacturing index (5.9%) and mining index (2.0%). […]
Read MoreTEMPO.CO, Jakarta – Indonesia is targeting to produce four million tons of nickel by 2020. This volume will allow Indonesia to become a world supplier to contribute 10 percent to the 40 million tons global demand per year. The Industry Ministry’s director general of metal, machinery, transportation and electronics industry I Gusti Putu Suryawirawan said in […]
Read MoreLaos’ government has announced that some new development projects planned for this year could be postponed until next year if Laos faces a revenue shortfall in 2017. The government is also committed to tightening budget expenditure by trimming its administrative budget and, if they are considered to be non-essential, the government might not approve new […]
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Thailand
