TEMPO.CO, Jakarta – The Indonesian Government recently recorded a 2.80 percent capital investment increase in the industrial sector. The domestic investment value increased from Rp50.70 trillion on the first semester of 2016 to Rp52.22 trillion at the same semester of 2017. Minister of Industry Airlangga Hartato is optimistic that the growth of the national industry during its […]
Read MoreKian Joo Group, the largest packaging business in ASEAN, is investing in a packaging plant in the Thilawa Special Economic Zone (SEZ). Construction of the plant is expected to be complete by the first quarter of next year. Malaysia-based Kian Joo is one of the biggest can manufacturers within ASEAN, manufacturing a wide range of products […]
Read MoreThe much-awaited Eastern Economic Corridor (EEC) bill has already passed its first reading by the National Legislative Assembly (NLA) and is expected to be implemented by the end of the year. The expectation is that the project will attract immediate foreign direct investment. The reality, however, may be quite different as there are several emerging […]
Read MoreMANILA, Philippines — The Philippines is losing orders to Cambodia and Vietnam as foreign buyers start to shun away from some of the country’s export products due to its manufacturers’ non-compliance to certain social and ethical requirements. Foreign Buyers Association of the Philippines (FOBAP) chair Robert Young, in a report to the Philippine Exporters Confederation […]
Read MoreHANOI — Vietnam wants to join global supply chains and management and governance systems to help businesses control the market, build confidence among customers and increase profits and connectivity with global partners, Deputy Minister of Industry and Trade (MoIT) Do Thang Hai said. Hai told a conference on supporting policies to help Vietnamese enterprises join […]
Read MoreMyanmar’s trade deficit has widened on the back of fluctuations in commodity prices, illegal trade and a weaker currency. In 2016-17, the trade deficit amounted to over US$5.5 billion, up from US$5.4 billion in 2015-16 and US$4.9 billion in 2014-15, according to the statistics released by the Central Statistical Organisation. Among the country’s imports is […]
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Thailand
