Press Releases -> Business / Economy Syndicate content

Feb 06, 2020

Poppy cultivation in Myanmar registered an 11-per cent decline in 2019, while the acreage under the opium crop came down by 33,100 hectares over the previous year, the new Myanmar Opium Survey just released by the United Nations Office on Drugs and Crime (UNODC) revealed.

According to the UNODC’s report 2019...

Feb 06, 2020

The ban on distributing free single-use plastic bags in shops, malls and convenience stores in Thailand put into force on January 1 this year has not only positive effects. Dozens of plastic bag manufacturers are now at risk of closing their businesses altogether if they get no support from the government,...

Jan 30, 2020

Booming Vietnam has become Southeast Asia’s top receiver of foreign direct investment (FDI), with ten consecutive years of increase in FDI to a record of more than $38 billion in 2019, up from the previous record figure of $35.4 billion on 2018.

Ministry of Planning and Investment officials in Hanoi on...

Jan 30, 2020

The National Bank of Cambodia, the country’s central bank, is preparing the launch of a blockchain-based, peer-to-peer payment and money transfer platform in the coming months as “the national payment gateway for Cambodia,” the institution’s director-general Chea Serey said.

Trial runs are already underway...

Jan 25, 2020

The success of TCEB’s exhibition industry this year will be attributed to the wider success of Thailand as a destination primed for the economic growth of its investors.

Jan 22, 2020

Strong external headwinds may set back policy efforts geared towards tackling development challenges

Bangkok, 22 January --( ASIA TODAY )-- Given persistently high trade tensions and policy uncertainty, the growth outlook of East and South Asia has weakened, according to the United Nations World Economic...

Jan 16, 2020

15 January 2020 – More than 3,500 distinguished speakers and influential global financial experts, policymakers, business leaders, economists and investors attended the 13th Asian Financial Forum (AFF), a two-day event that concluded yesterday.

Jan 16, 2020

Indonesia is set to become the biggest equity market in the Southeast Asia region as the entire market valuation of the Indonesia Stock Exchange of $529 billion is now closing up to slumping Thailand.

Thailand, which took over the top spot from Singapore in May last year, is struggling with a strengthening...

Jan 06, 2020

Thailand kicked off the new year with a ban on single-use plastic bags at major stores, continuing a campaign launched by the government and retailers towards a complete ban in 2021 to reduce plastic waste to which the country is one of the world’s largest contributors, particularly to maritime waste.

Jan 05, 2020
  • Business must adapt to a rapidly growing middle class changing consumer behaviour and profiles.
  • Policy-makers must find ways to make the region's growth sustainable.
  • Poverty and a lack of infrastructure add to the challenges of digital and labour transformation brought by the Fourth Industrial...
  • Jan 02, 2020

    Concept Vehicle Integrates AEye’s iDAR with Tata Elxsi’s Autonomai to Create Fully Autonomous Vehicle

    Dec 30, 2019

    Arlington, VA - As the world’s largest and most influential tech event, CES® 2020 represents the entire scope of the global technology market – from AI to 5G, vehicle technology, AR/VR, robotics and beyond. With 61% of all Fortune Global Brands participating, CES 2020 will transform industries beyond the...

    Dec 27, 2019

    Designers are leading the way as the built environment from city to appliance level goes digital.

    Designers around the world have started to rethink urban landscapes, incorporating digital solutions into everything from domestic appliances to city-wide infrastructure.

    Dec 27, 2019

    Two new low-cost carriers will enter the Thai market n 2020, further fueling the growth of low-cost carriers in the region and presenting another challenge to ailing national carrier Thai Airways.

    The new budget airlines, Thai Summer Airways and Thai Eastar Jet, both have received their air operating...

    Dec 27, 2019

    Dec 27, 2019 (China Knowledge) - The China Banking and Insurance Regulatory Commission (CBIRC) has announced new revisions of regulations to increase access of overseas financial institutions into China’s financial markets.

    Dec 25, 2019

    The Lao government is seeking input from academic and other research to help formulate strategies for poverty alleviation after acknowledging that it is only making slow progress. The Poverty Reduction Fund (PRF) under the country’s ministry of Agriculture and forestry has initiated the research concept on...

    Dec 19, 2019

    Vietnam is planning to strengthen its tourism sector as it has turned into one of the most important driving forces for the country’s economic development in the past years, contributing more than six per cent to GDP each year.

    Taking note of this, in 2011, the government released the “Strategy on Vietnam’s...

    Dec 18, 2019

    Chinese giant to create 10,000 new stores and 8,000 jobs next year
    Strategy described as 'Open from 1 to N and Integration from N to1'

    NANJING, China, Dec. 18, 2019 /PRNewswire/ -- Chinese commercial giant Suning Holdings Group has revealed its strategy for 2020, with the firm's founder and Chairman...

    Dec 18, 2019

    China Communications Construction Co Ltd and Philippine partner Macroasia Corp., an airline service company owned by Lucio Tan, chairman of national carrier Philippine Airlines, have won an auction for a $10-billion airport construction project outside Metro Manila, the latest in a multi-billion dollar push by the...

    Dec 11, 2019

    A new phase of the European Union’s SMART Myanmar project, called SMART Textiles & Garments, will bring together brands including H&M, Bestseller and C&A, trade unions and business associations to boost social and environmental sustainability in Myanmar’s garment industry.

    Dec 04, 2019

    Smart living, new technologies and digital innovation highlighted

    Dec 02, 2019

    In the global rankings of the 2015 Program for International Student Assessment (PISA), which assesses the performance of 15-year-olds in mathematics, reading and science, Singapore took the top spot in all three categories. In 2016, in the Trends in International Mathematics and Science Study (TIMSS), Singapore’s...