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Vietnam: 40 foreign investors join race for IDICO shares

HCM CITY — Forty foreign institutional investors have joined the race for shares of the Vietnam Urban and Industrial Zone Development Investment Corporation (IDICO) at the firm’s initial public offering (IPO). IDICO will auction more than 55.3 million shares or 18.44 per cent of the firm’s charter capital at the IPO for the starting price of […]

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Philippines: Tourism receipts up 15% in H1

MANILA, Philippines — Tourism receipts grew 14.89 percent in the first six months of the year, driven by higher tourist arrivals, the Department of Tourism (DOT) said. Based on figures released by the DOT on its website, tourism activities generated P146.3 million in total  earnings in the first half, higher than the P127.37 million recorded […]

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Myanmar publishes first socio-economic report for investors

The Directorate of Investment and Company Administration (DICA) in partnership with the German Corporation for International Cooperation (GIZ) have published a detailed report entitled The Socio-Economic Atlas of Myanmar. For the first time, the report will provide official details and statistics on Myanmar’s geography, population and climate as well as its education transportation, healthcare and […]

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Indonesia: Capital Flow to Developed Countries Exceeds One Trillion Dollars

TEMPO.CO, Jakarta – The research conducted by the Institute of International Finance (IIF) shows that developed countries will attract capital investments exceeding US$1 trillion or Rp13,463.6 trillion in 2017. According to IIF Executive Director Hung Tran, the positive atmosphere first started in 2014 during the improved economy of developing countries. In a report published on Tuesday in […]

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