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NEWS UPDATES Asean Affairs    22 April  2016  

HCM City industrial output rises 5.7%

HCM City’s Industrial Production Index increased by 5.7 percent in the first quarter, the highest growth rate in the past five years.

A report from the city Department of Industry and Trade shows that the processing and manufacturing sectors grew by 5.8 percent in the period.

The IPP of four main industrial sectors grew at 5.3 percent year-on-year.

Overall, first quarter growth in the last few years has been 2.7 percent in 2012, 3.6 percent in 2013, and 4.9 percent in 2014.

The figures indicate that the city’s business environment has become increasingly benign with the rolling out of incentives on investments and credit and administrative reforms.

HCM City’s rank in the Provincial Competitiveness Index (PCI) has been improving commensurately: Ranked 20th in 2011, it rose to fourth in 2014.

In the Provincial Public Administration Reform Index it ranked sixth last year.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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