Phnom Penh SEZ Plc announced shareholder approval for the issuance of 14 million shares to be sold to Thai-listed logistics provider JWD InfoLogistics and Singaporean logistics management firm Bok Seng Group at its Extraordinary General Meeting on Friday, according to a recent press release. Lim Chhiv Ho, chairwoman of Phnom Penh SEZ, said the decision […]
Read MoreHANOI – Merger and acquisition (M&A) deals in Vietnam’s real estate sector are forecast to increase in 2018, driven by the market’s significant potential, experts said. Dang Xuan Minh, general director of AVM Vietnam & Vietnam M&A Forum, said the domestic property market was embarking on a second wave of M&A, after 2015, which would […]
Read MoreWITH the festive period under way, Singapore’s tourism industry looks poised to finish the year strong, bolstered by growing arrivals from China. But the retail industry, on the other hand, continues to grapple with weakness, despite the improving economy. According to preliminary estimates from the Singapore Tourism Board (STB), the nation received about 13.05 million […]
Read MoreTwo key committees have called for the regulator overseeing thrift and credit cooperatives to speed up tightening prudential regulations. Deposits at such cooperatives remain high and institutions are still increasing investment in risky assets, say the Bank of Thailand’s Monetary Policy Committee (MPC) and the Financial Institutions Policy Committee (FIPC). People’s search-for-yield behaviour through thrift […]
Read MoreSECOND- and third-tier firms — especially those with good prospects — could dominate trading during the final week of the year, analysts said. “With foreign fund managers on a holiday mode, local participants might dominate the week’s three-day trading session focusing mostly on second- and third-tier shares,” online brokerage 2TradeAsia said in a market note. […]
Read MoreAn ambitous 10-year plan to boost the country’s industrial development is “90 percent” on track and has earned the approval of Prime Minister Hun Sen, government representatives said yesterday. But some key planks of the plan – particularly its more concrete provisions – have been delayed, frustrating industry groups. The 10-year Industrial Development Policy, introduced […]
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