The inflation rate in Laos jumped to 2.49 percent in December 2016, which is considered to be the highest rate in two years. Inflation has been rising gradually over the past three or four months and there is no sign that it will go down, economists say. Speaking to Vientiane Times on Monday, a senior […]
Read MoreSINGAPORE – Starting April 1 this year, businesses and entrepreneurs will enjoy lower fees when they file for patent and trademark protection with the Intellectual Property Office of Singapore (Ipos). Ipos said it reviews its fees regularly to keep them competitive with other countries, and encourage local innovation. From April 1, fees will be reduced […]
Read MoreAs the Asean Economic Community (AEC) enters its second year, Thailand is set to lose further market share in agricultural and processed agricultural products to Cambodia, Laos, Myanmar and Vietnam (CLMV), new research says. According to Aat Pisanwanich, director of the Center for International Trade Studies at the University of the Thai Chamber of Commerce, […]
Read MoreDeputy Prime Minister Somkid Jatusripitak will be leading major Thai businesses to meet a team of Myanmar officials and businesses to seek further cooperation in developing industrial estates in Myanmar and border trade operations on Feb 3-4. Industry Minister Uttama Savanayana said the Thai business group, which comprise PTT Plc (PTT), Siam Cement Group (SCG) […]
Read MoreThe government continues to closely study Battambang province to find ways to develop it as a new heritage tourist destination, with plans to mark potential areas nearby as tourism sites. Tourism Minister Thong Khon said that the project was being conducted in collaboration with Hungary to entice both local and international tourists – especially […]
Read MoreThe economic situation this year will be better than most economists expect despite protectionist rhetoric from the US and nervousness in financial markets, says the Deloitte consultancy. According to the first edition of Deloitte’s “Voice of Asia” reports, three factors suggest that global growth is about to pleasantly surprise, with Asia leading the way. “First, […]
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