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Vietnam: Q1 foreign direct investment surges to $7.71b

Foreign direct investment (FDI) in Vietnam surged to US$7.71 billion in the first quarter of 2017, exceeding the amount during the same period in 2016 by 91.5 per cent. Figures released Friday by the planning and investment ministry’s Foreign Investment Agency (FIA) showed that during this period, there were 493 newly approved projects with a […]

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Philippines: Consumer confidence slips in Q1

MANILA, Philippines – Filipino consumers turned less optimistic in the first quarter of the year after the confidence index soared to an all-time high in the fourth quarter of 2016, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. Teresita Deveza, deputy director of the BSP’s Department of Economic Statistics (DES), said Filipino consumers are less […]

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Thai agri giant investing $2 B in Philippines

MANILA, Philippines – Thailand’s biggest agriculture company is pouring $2 billion worth of investments in the Philippine livestock sector over the next five years. Agriculture Secretary Emmanuel Piñol said Charoen Pokphand (CP) Group has pledged $2 billion to boost production of hogs and poultry for local consumption and for the export market. “The reason why […]

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Thailand-Myanmar: Border trade hike planned

Thailand and Myanmar aim to raise border trade to US$20 billion (693 billion baht) over the next five years from an estimated $6 billion this year. During the first meeting of the Thailand-Myanmar Border Trade Committee held yesterday, Commerce Minister Apiradi Tantraporn said the two sides had agreed to set up single stop inspections to […]

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