Myanmar Offshore Supply Base (MOSB), a Singapore company, on July 11 received the green light from the Myanmar Investment Commission (MIC) to construct an oil and gas supply base in Mon State. It will be the first foreign-run oil and gas supply base in Myanmar. The project, which covers an area of over 193 acres […]
Read MoreGROWTH in Singapore’s services sector picked up pace, according to advance estimates of second-quarter performance, while manufacturing continued to lead overall economic expansion, though at a slower pace. Advance estimates released by the city-state’s Ministry of Trade and Industry on Friday morning showed that the services sector – which accounts for a major proportion of […]
Read MoreCambodia and Myanmar have agreed to further enhance trade between the two countries by encouraging investment from small and medium enterprises and exchanging agricultural products, according to the Ministry of Foreign Affairs and International Cooperation. “Trade between Cambodia and Myanmar can be strengthened through investments by SMEs,” stated a ministry press release on Wednesday at the conclusion of […]
Read MoreThe World Bank (WB) on Thursday released its bi-annual report on Vietnam’s economy, keeping its country GDP forecast at 6.3 per cent this year following an economic boost in the second quarter. After a disappointing performance in the first quarter, Vietnam’s economy kicked on in the ensuing three months, with an estimated GDP of 5.7 […]
Read MoreHA NOI – Consumer lending by end May rose 29.7 per cent against the end of 2016, the National Financial Supervisory Commission (NFSC) has said. Of the total consumer loans, home renovation loans and home purchase loans accounted for 52.8 per cent, compared with 49 per cent in the end of 2016. As per the […]
Read MoreMANILA, Philippines – The net inflow of foreign direct investments (FDI) into the Philippines rose 17 percent to $1.56 billion in the first quarter from $1.34 billion in the same period last year as the country continues to enjoy strong macroeconomic fundamentals, according to the Bangko Sentral ng Pilipinas (BSP). “The sustained FDI inflows reflect […]
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Thailand
