HANOI (Reuters) – Vietnamese legislators approved a cybersecurity law yesterday that tightens control of the internet and global tech companies operating in the Communist-led country, raising fears of economic harm and a further crackdown on dissent. The cyber law, which takes effect on January 1, 2019, requires Facebook, Google and other global technology firms to […]
Read MoreSINGAPORE: CVC Capital Partners has invested in PT GarudaFood Putra Putri Jaya, Indonesia’s top snack-food maker, as the private equity firm deepens its exposure to fast-growing South-East Asia, people with knowledge of the matter said. CVC invested about US$150mil in GarudaFood ahead of a planned initial public offering, according to the people, who asked not […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is set to further ease the rules on foreign currency trading to make it easy for foreign investments to come in and out of the country. BSP Governor Nestor Espenilla Jr. said the regulator has circulated a draft exposure on the planned relaxation of the foreign […]
Read MoreCITIES in Thailand have risen in rankings for the cost of living, with Bangkok entering the global top 100 for the first time, according to a survey by ECA International, a provider of knowledge, information and software for the management firms. Elsewhere in the region, Singapore is now the 20th most expensive location in the […]
Read MoreThe Hanoitimes – Manufacturing and processing has retained its leading position in attracting foreign direct investment (FDI) in Vietnam with US$5.18 billion reported in the first five months of this year. The Foreign Investment Agency under the Ministry of Planning and Investment reported that the value accounted for 52 percent of the country’s total investment. South […]
Read MoreTOKYO — Laos is unconcerned about the potential debt burden from a Chinese-led high-speed rail project, its prime minister said on Tuesday, describing the terms of the construction agreement as “favorable” to one of Southeast Asia’s poorest countries. The high-speed rail link, begun in 2016 as part of China’s Belt and Road initiative, will connect Kunming in southern China […]
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