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Middle East crisis beneficial to Philippines — PEZA

MANILA, Philippines – The Philippines stands to benefit from an ongoing diplomatic crisis in the Middle East as more trade and investments are seen going toward the country, Philippine Economic Zone Authority (PEZA) director general Charito Plaza said. “The Qatar crisis is to our advantage because while they have an embargo with their neighboring countries, […]

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Thailand says US$44bil project can link to Obor

SINGAPORE: Thailand said a US$44bil plan to add infrastructure and upgrade industry on its eastern seaboard can link up with China’s Belt and Road Initiative, as part of a push to encourage economic growth. The Eastern Economic Corridor (EEC) project could be beneficial for China and the rest of South-East Asia, apart from bolstering Thailand’s […]

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Vietnam’ firms urged to boost branding

HANOI — Up to 80 per cent of enterprises invest less than 5 per cent of sales revenue in branding development, undermining the domestic and foreign market share for Vietnamese products. This was one of the issues discussed at a conference in Hanoi on Wednesday on improving competitiveness through branding development. The conference, organised by […]

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Philippines: Debt-to-GDP ratio improves in 2016

MANILA, Philippines – The proportion of government’s debt to gross domestic product (GDP) improved in 2016 due to debt management measures and robust economic growth during the period, the Department of Finance (DOF) reported yesterday. In a statement, the DOF said the government’s debt-to-GDP ratio in 2016 eased to 34.6 percent as compared to the […]

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FDI in Vietnam rises despite US trade rebuff

HANOI (Reuters) – Every 45 seconds or so, a neatly wrapped VanHeusen dress shirt destined for a J C Penney store in the United States drops off a new production line at a factory north of Vietnam’s capital. Next door, rice paddies the size of 40 football fields have been filled for the $320 million […]

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