Thirty-two star-rated hotels on the resort island of Lombok, West Nusa Tenggara are offering discounts of up to 50 percent amid eruptions at Mount Agung. The policy was taken to facilitate domestic and international tourists who must extend their stays due to flight changes and airport closures. “The discounts are being offered to help tourists,” said […]
Read MoreThe Hanoitimes – Foreign direct investment (FDI) in Vietnam reached 33.09 billion USD in the first 11 months of this year, a year-on-year increase of 82.8 percent. The FDI mainly came from new projects, additional investment capital and buying stake, the Ministry of Planning and Investment’s Foreign Investment Agency reported. Specifically, the ministry licensed 2,293 new […]
Read MoreThe term “Industry 4.0” originates from the German government’s industrial evolution strategy unveiled in 2013 which promotes the computerisation of manufacturing, according to Mr. Varin Rodphothong, Director of Manufacturing Automation and Robotic Center, Thai-German Institute (TGI). The term is essentially equivalent to the “Internet of Things (IOT)” which has been circulating in the industrial sectors […]
Read MoreThe government has not found an answer to who is responsible for the Greater Jakarta light rail transit (LRT) project after State-owned Enterprises (SOEs) Minister Rini Soemarno expressed her wish to review the role of state-owned railway operator PT KAI as an investor. Rini proposed to establish a joint venture company on Tuesday, consisting of […]
Read MoreAsian businesses have continued to invest in Myanmar despite the unfolding humanitarian crisis in northern Rakhine. Bangkok-based construction company TTCL Pcl is one of the latest examples, targeting the first half of next year to complete a funding plan and shareholder structure for a planned $3 billion coal-fired power plant in Kayin state bordering Thailand. […]
Read MoreSINGAPORE: Philippine shares fell on Wednesday, set for a third consecutive day of losses, while other markets trod water as investors assessed North Korea’s latest missile test. North Korea said it had successfully tested a powerful new intercontinental ballistic missile (ICBM) that put all of the U.S. mainland within range, with MSCI’s broadest index of […]
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Thailand
