As informal talks have started between India and Europe on the free trade agreement (FTA) in New Delhi since Monday, apprehensions over provisions that could impact early access to generic medicines are being voiced in Thailand. Thailand Business News
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Thailand worried about India-EU free trade agreement
Domestic demand has also shown signs of life, but the severe weather, the withdrawal of consumption-based fiscal stimulus and political uncertainty should be a drag on growth. With a large fraction of the population still occupied in agriculture or working in rural areas, agriculture is a critical variable for the performance of household consumption.
Government consumption will likely contract due to the phase-out of consumption measures of the first fiscal stimulus package. Investment is expected to recover, as capacity utilization rises and deferred maintenance, machine replacements and limited expansion of existing plants take place. In addition, there are indications that construction investment, long subdued, may be picking up.
Yet a glance through the 2009 Post/ AWR Lloyd-PYI Shareholder Scorecard shows that some sectors clearly benefited more than others. Home and office products led all sectors with a 267% gain in 2009, followed by agribusiness at 238% and property development at 132%.
Many Thai listed companies, while public, aren’t really public : they remain family-owned companies with low free floats.
China dominates Asian Economies
China, world’s second-largest economy stands tall with US$ 25.3 trillion and is up by 9% from 2017 followed by India at 10.38 trillion which is up by 9.8% showing growth over the preceding year.
China, world’s second-largest economy stands tall with US$ 25.3 trillion and is up by 9% from 2017 followed by India at 10.38 trillion which is up by 9.8% showing growth over the preceding year.(more…)
New Chinese regulation will require approval for foreign firms to publish online
A new Chinese regulation announced this week will require foreign companies and foreign-Chinese joint ventures to acquire approval before publishing content online, in the government’s latest move to tighten control of the digital realm.
A new Chinese regulation announced this week will require foreign companies and foreign-Chinese joint ventures to acquire approval before publishing content online, in the government’s latest move to tighten control of the digital realm. (more…)
What Alibaba Can Learn From Groupon
Amid the spa discounts, restaurant deals and cut-price tickets on Groupon, Alibaba should be looking for one thing: lessons learned. As WSJ’s Alex Frangos writes:
The Chinese e-commerce giant on Friday disclosed a 5.6% stake in the once-popular, but lately shunned, daily-deals company. Groupon’s shares rose 41% Tuesday, on top of a nearly 30% rise Friday after a positive earnings surprise.
Groupon, which famously spurned a $6 billion takeover offer from Google, has become the poster child for fallen-from-favor tech companies. It had expanded too quickly on a business model that proved harder to execute in reality than in concept. Coupons, it turns out, don’t breed loyal customers. They attract cheapskates.
That may be what drew in Alibaba. Last week, Groupon’s stock was at its lowest level ever, the company’s market capitalization down to just $1.3 billion—from $16 billion after its 2012 initial public offering.
Alibaba says it wants to “exchange experiences” with Groupon. It has its own venture in the so-called online-to-offline space, Koubei, which Alibaba and affiliate Ant Financial last year committed to pour $1 billion into. Koubei is in a mounting dogfight with rivals Meituan-Dianping, backed by Alibaba rival Tencent, and Baidu’s Nuomi, to dominate coupons, discounts, online ticketing and the like.
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The investor looking to put money into China and Asian Markets ought to definitely contemplate the mutual funds supplied by various household of funds. Almost all of the massive fund firms have a fund that’s designed for exposure to the expansion in China.
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