The Hanoitimes – Some experts said that Vietnam is still a very attractive location to do business and multinational corporations such as Samsung, Intel, Hewlett-Packard and Rebisco have recently made large-scale investments in the country. Dr. Francis Hutchinson has remarked that some presentations pointed to Vietnam’s advantages as being well-located to act as a transport hub, […]
Read MoreForeign investment approvals surged in the third quarter of 2017, but the year-to-date tally remained low, compared with the figure posted a year ago, the government reported on Thursday. Data released by the Philippine Statistics Authority (PSA) showed that seven monitored investment promotion agencies (IPAs) had approved just P43.01 billion in foreign pledges, up 61.1 […]
Read MoreIndonesia has won a dispute regarding antidumping duties on fatty alcohol exports with the European Union, based on a World Trade Organization’s (WTO) Appellate Body decision. The Trade Ministry’s foreign trade director general, Oke Nurman, said in Jakarta on Thursday that the victory would help the product regain its competitiveness in the European Union market. […]
Read MoreTEMPO.CO, Jakarta – Countries across energy-rich Central Asia are a long way from readjusting to lower oil prices and will need to carry out large-scale reforms to regain competitiveness, a senior World Bank economist told Reuters in an interview. Failure to do so could undermine ruling elites and create serious political risks, said Hans Timmer, chief economist for the Europe and […]
Read MoreKUALA LUMPUR: The ringgit extended Thursday’s gains to be higher against the US dollar early Friday, boosted by strong sentiment towards the local currency, dealers said. At 9 am(0100gmt), the local unit stood at 4.0760/0800 from 4.0830/0860 at Thursday’s close. A dealer said the demand for the ringgit has strengthened following the positive outlook from […]
Read MoreThe Hanoitimes – The implementation of fiscal decentralization in Vietnam since the late 1980s has resulted in local authorities now controlling more than half of total government spending, and 60% of capital investment. The State budget law (SBL), revised in 2015, has continued this process of decentralization by enhancing provincial responsibilities for borrowing and debt management. […]
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Thailand
