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Philippines: Union Bank sees sustained growth

MANILA, Philippines –  Aboitiz-led Union Bank of the Philippines plans to sustain its financial growth this year by focusing on its recurring income business, a company official said. In a press briefing Friday, Union Bank president and chief operating officer Edwin Bautista said the company is looking to grow at the same pace as in […]

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Myanmar: Ministry to set up industrial zone in Paletwa

The Ministry of Industry has decided to set up an industrial zone in Paletwa township, Chin State, according to Union Industry Minister U Khin Maung Cho on May 25. That industrial zone is aimed for the development of value-added small and medium-sized enterprises (SMEs). Those SMEs include Chin traditional loom business, coffee industry and ginger […]

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Three Thai sites make Asian landmarks top 15 list

Three Thai landmarks have made the list of top 15 travellers’ choice landmarks in Asia this year, as determined by TripAdvisor, the world’s most popular travel site. The three are the Temple of the Reclining Buddha (Wat Pho), the Grand Palace and Temple of the Emerald Buddha (Wat Phra Kaeo), coming in fourth, ninth and […]

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Thailand: BOI’s Investment Promotion in the EEC

The Thai Government has made its “Area-Based Development Policy” a high priority in order to spread prosperity throughout the entire country and to maximize the advantage of Thailand’s excellent strategic location that links the Asian regions together. The policy will lead to concrete economic activities, especially in the eastern part of Thailand which is geographically […]

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Philippines: Business outlook dims in Q3

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) said businessmen have a less optimistic view for the third quarter after posting an upbeat view in the second quarter of this year. According to the BSP’s Business Expectation Survey for the second quarter of 2017, the business outlook was less optimistic, with the confidence index […]

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Vietnam developing links to global distributors

HCM CITY — The Ministry of Industry and Trade will continue to work with large foreign distributors to promote exports of Vietnamese products. The ministry’s European market department, which on Friday held a meeting on implementing the programme “Developing Direct Participation of Vietnamese Enterprises on Foreign Distribution System up to 2020”, seeks to help Vietnamese […]

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