KUALA LUMPUR: Malaysia’s capital market increased 9% to RM3.1 trillion in the first six months of this year and is now ranked fifth in Asia, relative to the gross domestic product (GDP), Prime Minster Datuk Seri Najib Tun Razak said. He said Malaysia is also home to the largest number of listed companies in Asean […]
Read MoreThe Mandalay region is set to achieve its US$600 million foreign direct investment (FDI) target for 2017-18. FDI in April-June has already exceeded US$582 million, which is around 90 per cent of the target, data released by the Mandalay Region Investment Committee showed. Under the new Myanmar Investment Law enacted in Oct 2016, Region and State investment committees have been given […]
Read MoreHANOI — How to mobilise idle foreign currency and gold from locals to invest in business and production has become a hot issue recently, with the Government last week once again asking the State Bank of Vietnam (SBV) to consider proposals. At a working session with SBV last week, Government Office chairman Mai Tien Dung said the Prime Minister […]
Read MoreMANILA, Philippines – The national government’s fiscal deficit widened in the first half due to lower than expected revenue during the period, the Bureau of the Treasury (BTr) reported yesterday. According to the latest cash operations report of the Treasury, the budget deficit in the first semester rose 28 percent to P154.5 billion from the […]
Read MoreSINGAPORE (BLOOMBERG) – Alibaba Group Holding is in talks to make a major investment in Indonesia’s PT Tokopedia, people familiar with the matter said, potentially scoring a second deal to accelerate its expansion into Southeast Asia’s largest economy. The Chinese company is in negotiations to lead a funding round in Indonesia’s largest online marketplace of […]
Read MoreSINGAPORE – More than 8,300 local small and medium-sized enterprises (SMEs) are expected to benefit from a slew of projects led by trade associations and chambers (TACs) in the year since May 2016. The projects focus on areas such as productivity improvements, access to markets, digitalisation and technology adoption, said Spring Singapore and International Enterprise Singapore. Altogether, […]
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Thailand
