When Marcos A. Purty arrived here in 2011 as the chief of General Motors’ Indonesian operations, he found a mothballed auto plant. Today, that plant is humming. About 700 people work in the plant,
Thai exports last month were reported at US$20.769 billion, a 4.55 per cent increase year on year, according to permanent secretary for commerce said today. Vatchari Vimooktayon said major export items were electrical appliances,
The Thai market has increased by 12%, an audit of consumer spend on domestic appliances has found. The market across the five regions of Singapore, Malaysia, Indonesia, Vietnam and Thailand was worth more than
single largest shareholder. Singapore Airlines paid about $122 million, or $0.48 per share, for 255 million shares in an off-market agreement on 23 April, according to an announcement to the securities exchange. Virgin Australia
Malaysian investors rank the highest in the Asean region for their strong affinity towards mutual funds or unit trust fund investments, according to the Manulife Investor Sentiment Index (Manulife ISI). The survey between mid-December
EU foreign ministers agreed Monday to lift the last of the bloc’s trade, economic and individual sanctions against Myanmar, hailing “a new chapter” with the once pariah state. “In response to the changes that
Indonesia can do more to promote the services sector, which in turn can help propel growth in the nation’s economy, a government official said on Friday. Chatib Basri, chairman of Indonesia’s Investment Coordinating Board
The Tourism Council of Thailand is calling on the government to help improve the country’s tourism management while the industry continues to grow fast. Council president Piyaman Tejapaibul said on Wednesday that the Thai
The Singapore government will make a contribution of S$50,000 through the Singapore Red Cross to support China’s disaster relief efforts following yesterday’s earthquake in Sichuan. Prime Minister Lee Hsien Loong has also written to
Malaysia’s 13th general election was always set to be an epic battle, with the ruling Barisan Nasional seeking to maintain its grip on power that it has held for over five decades against a