Nearly 26,500 enterprises were created in the first quarter of this year with a total registered capital of over VND270 trillion (US$11.8 billion), according to preliminary data reported yesterday in Hanoi by the Ministry of Planning and Investment’s Enterprises Development Department. The number of newly-established firms rose 11.4 per cent and 45.8 per cent […]
Read MoreTEMPO.CO, Jakarta – Coordinating Minister for Economic Affairs Darmin Nasution said that the government will issue policies to solve economic inequality, which include the provision of capital resources to the people. “We already have the infrastructure, the industry. They help [achieve] growth. We have to compliment them to achieve equality that would support, provide capital […]
Read MoreTrade between Cambodia and the United Kingdom is expected to increase after Britain’s exit from the European Union, according to the British ambassador, saying that after Brexit, the UK will independently negotiate trade agreements with Cambodia. Brexit will not result in restrictions on trade between Cambodia and the UK, British Ambassador Bill Longhurst said yesterday […]
Read MoreInvestment continues to flow into special economic zones (SEZs), with 40 projects worth 8.54 billion baht applying for promotional privileges from the Board of Investment (BoI) as of Feb 28. Porametee Vimolsiri, secretary-general of the National Economic and Social Development Board (NESDB), said of the total applications, 22 projects with 3.541 billion baht worth of […]
Read MoreKUALA LUMPUR: Amidst a dip in net interest margins in the banking sector, Public Bank Bhd (PBB) says it will focus on beefing up its non-interest income. “The industry outlook will remain challenging, moving forward. We will look very hard into increasing our fee-based income, which is one of our strategies going forward,” managing director […]
Read MoreHANOI — Vietnam will create favourable conditions for investors, including Singapore’s CapitaLand Group, to operate successfully in Vietnam, Prime Minister Nguyen Xuan Phuc told President and CEO of CapitaLand Lim Ming Yan during a reception in Hanoi yesterday. The Vietnamese leader voiced his appreciation for CapitaLand’s investment in building new urban developments in Vietnam, and […]
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