The government is considering the establishment of exclusive industrial parks for Chinese firms planning to locate in the Philippines, a Cabinet official said. Socioeconomic Planning Secretary Ernesto Pernia said the idea was brought up by prospective investors during a recent non-deal roadshow conducted by Cabinet officials in China. “There were expressions of interest in setting […]
Read MoreThe outstanding gold debt owed by private gold mining firms to the government as at September 30, 2017 is 14,121.32 ticals, U Ohn Win, Union Minister for National Resources and Environmental Conservation reported at the Pyithu Hluttaw held on October 19. In Myanmar, 1 tical is equivalent to 16.34 grams. Those debts are to be […]
Read MoreExports rose for a seventh straight month in September, surging 12.2% year-on-year to a record-high US$21.8 billion (722.4 trillion baht), as demand increased in all traditional and emerging markets, says Commerce Minister Apiradi Tantraporn. She said exports to the traditional key markets of the US, Japan and EU rose by 5.7%, 10.3% and 2.1% year-on-year […]
Read MoreSINGAPORE – Ride hailing company Grab said it has secured debt facilities of up to US$700 million (S$951.9 million), the largest ever raised by a South-east Asian start-up. It also announced that it has signed an exclusive partnership with SMRT to build the largest car rental fleet in the region by the end of next […]
Read MoreHANOI — Consumer finance has significant room for growth in Vietnam, however it is essential to improve the policy framework to ensure efficiency, transparency and sound operation of the financial system and the whole economy, heard a conference in Hanoi on Thursday. The International Conference on Consumer Finance in Vietnam was organised by StoxPlus, a leading […]
Read MoreTHE country’s balance of payments (BoP) position reverted to a surplus of $24 million in September from a deficit of $7 million in August, the Bangko Sentral ng Pilipinas (BSP) reported on Friday. However, the surplus last month was much lower than the $117-million surplus recorded a year earlier. “The modest BoP surplus derived directly from […]
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Thailand
