MANILA, Philippines — The Asian Development Bank (ADB) is planning to boost infrastructure investments in ASEAN, in a bid to capitalize on the economic growth in the region. “ADB will increase financing throughout the ASEAN region, based on its eight principles for infrastructure investment,” ADB president Takehiko Nakao said in a speech at the 21st […]
Read MoreThe Hanoitimes – Nawaplastic Industries, a subsidiary of Thailand’s Siam Cement Group (SCG), successfully acquired 24.1 million shares of Binh Minh Plastic from the State Capital Investment Corporation (SCIC) at the Ho Chi Minh Stock Exchange on March 9. With a successful bidding price of at VND96,500 (US$4.26) apiece, SCIC raised over VND2.3 trillion (US$101.2 million) […]
Read More[BANGKOK] Thailand exported a record 11.48 million tonnes of rice in 2017, the commerce ministry said on Wednesday. The amount, which surpassed the previous record of 10.96 million tonnes in 2014, was worth over US$5.1 billion, said Adul Chotinisakorn, deputy chief of the commerce ministry’s department of foreign trade. Thailand, the world’s second-biggest rice exporter […]
Read MoreMANILA, Philippines — Despite some “stabilization” of investment growth, the Philippines will continue to be the fastest-growing economy in Southeast Asia, the World Bank said on Tuesday. In an update of its twice-yearly economic report, the World Bank said the Philippines’ potential growth accelerated to around 5-6 percent in 2013-17. That was more than a […]
Read MoreTEMPO.CO, Jakarta – The Ministry of Agriculture claimed that Indonesia does not need to import rice as the domestic stock of 3 million tons produced in December 2017 will sufficiently meet the need of 2.6 million tons, an official said. “We do not need to import rice, as you can see from December to January, we had big […]
Read MoreThe Myanmar Investment Commission (MIC) is seeking to scale up domestic and international investments in the logistics and manufacturing sectors, according to law firm DFDL. The commission invited investors to develop logistics services located in major urban areas as well as trading hubs on December 26 last year. The specific types of investment areas open […]
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Thailand
