Page 2 – ASEAN Economic Community Strategy Center

November 16, 2018

Azmin: Foreign investors positive on Malaysia

JOHOR BARU: Foreign investors, especially from Japan and Singapore, have expressed their willingness to retain and maintain their foreign direct investments (FDIs) in Malaysia. According to Economic Affairs Minister Datuk Seri Mohamed Azmin Ali, foreign investors have also expressed their confidence in the country’s new leadership. These commitments were relayed to Azmin during his official visits to Japan and Singapore with Prime Minister […]

November 16, 2018

Vietnam expects high-quality FDI inflows after CPTPP ratification

The Hanoitimes – Economy Minister Nguyen Chi Dung affirmed that Vietnam will not attract FDI at all cost. Rather, it will facilitate projects based on high technology, source technology, and a high added value. Commitments on investment and services in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will lure more quality foreign investment inflows […]

November 16, 2018

Philippines: BSP delivers 5th rate hike in 2018

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) decided yesterday to raise anew policy interest rates by 25 basis points as part of a proactive action to help temper the rise in inflation. This brought the total increase in benchmark rates to 175 basis points in five rates setting meetings since May this year to curb rising inflationary […]

November 16, 2018

Singapore October private home sales fall 48% month-on-month

Sales of private homes by developers in Singapore fell 48 per cent month-on-month in October, government data showed on Thursday. Data compiled by the Urban Redevelopment Authority showed developers sold 487 units last month, compared with 932 units sold the previous month. The October sales number was also a 36 per cent drop from the […]

November 16, 2018

Cambodia: Tax cooperation conducive to trade, investment liberalisation

Deepening tax cooperation is conducive to trade and investment liberalisation, where it is able to build a growth-friendly tax environment to shape a fair, modern and transparent international tax system, a belief expressed by the 16-member Heads of Delegations (HoDs) of the Study Group on Asian Tax Administration Research (SGATAR). The group agreed on this […]

November 16, 2018

Myanmar: Hotel investments continue to rise despite lower tourist arrivals

Singapore-listed company Memories Group Ltd yesterday launched three new hotels in Myanmar, located in Mawlamyaing, Yangon and Mergui, respectively, even as tourist numbers dip and occupancy rates fall across the country. The 72-room, 3-star Hotel Suggati will be Mawlamyaing’s newest hotel and is being positioned as a business hotel. Mawlamyaig is the fourth largest city […]

Asean News

Malaysia’s construction sector expands 8.1% in 2Q 2023 – DoSM

Philippines: Government hikes budget for debt payment

Thailand: Behind the power tariff decision

Cambodia’s agricultural product exports at $2.6 billion

More Filipinos went jobless, sought more working hours in June

Cambodia, Laos & Myanmar – 2016 Foreign Investment Outlook

Vietnam: Elusive trade target with Vietnam renewed

Central Group wins bid for Big C Vietnam

Economy Retailers must find competitive edge: experts

Up to 72 percent of enterprises support TPP

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