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Philippines: FDI inflows rise 24% in 4 months

MANILA, Philippines — Foreign direct investments (FDI) continued to flow into the country, growing 24 percent in the first four months of the year amid favorable investor sentiment on the back of sound macroeconomic fundamentals and growth prospects. The Bangko Sentral ng Pilipinas (BSP) said FDI inflows amounted to $3.2 billion from January to April […]

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Thailand: Ministry stretching PromptPay borders

The Finance Ministry is pushing electronic payment systems into Cambodia, Laos, Myanmar and Vietnam to help Thai financial institutions access customers in these countries without opening physical branches there.  The government is designing the country’s e-payment system to be able to connect with neighbouring countries in the sub-region, said Finance Minister Apisak Tantivorawong, without giving a specific […]

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Indonesia: House approves Rp 2.57t budget for Industry 4.0

The Trade Industry is getting an additional Rp 2.57 trillion (US$178 million) after the House Commission VI overseeing industry affairs agreed to financially support the development of Industry 4.0. The funds will be used to help adjust five industry segments — textile, garment, automotive, electronics and chemical — to face the so-called fourth industrial revolution […]

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Thailand: Company culture is key to unlocking gender equality

NEW RESEARCH from Accenture has identified 40 workplace factors that create a culture of equality – including 14 factors that matter the most. The research, published today in the company’s “Getting to Equal 2018” report, details the most-effective actions that business leaders can take to accelerate advancement and help close the gender pay gap.  The […]

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