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Malaysia: Foreign investors back in selling mode

KUALA LUMPUR: Bursa Malaysia saw the first foreign outflow after four successive weeks of inflow for the week ended Dec 22, according to MIDF Research. “Based on preliminary data from Bursa which excluded off market trades, the net amount sold by foreign investors on Bursa last week was recorded at RM38.2mil “This latest weekly net […]

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Brunei scoring high among Southeast Asian economies

BRUNEI Darussalam was included in various international studies and rankings in December 2017. One such study was the latest global competitiveness report released by the World Economic Forum (WEF). According to the report, Brunei Darussalam is making major strides in overall infrastructure development, scoring high among the Southeast Asian economies along with Indonesia and Singapore. […]

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Thailand – F5: Digital security demand increasing

The national e-payment scheme, mobile banking and smart factories are driving demand for application security service technology in Thailand, says a US-based application delivery network firm. Watchara: Applications are the new normal “There is strong demand for application security solutions in the local market, in particular mobile financial service applications,” said Watchara Jiracharoensuwan, country manager […]

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Vietnam’s 2017 FDI inflow rises 10.8%

HANOI: Vietnam received an estimated $17.5 billion (573 million baht) in foreign direct investment (FDI) in 2017, up 10.8% from the previous year, the government’s ministry of planning and investment said. This was in line with the government’s expectation in November. FDI pledges for new projects, increased capital and stake acquisitions jumped 44.4% from a […]

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Philippines needs more hotel investments

MANILA, Philippines — The Department of Tourism (DOT) wants to attract more investments for the hotel sector to address the demand for more accommodation facilities brought about by the increase in tourist arrivals. “There are a lot of investors wanting to invest in the Philippines,” Tourism Secretary Wanda Corazon Teo told The STAR. “We are […]

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