The Commerce Ministry is scheduled to submit to the cabinet meeting early next month a proposal to remove three service businesses from List 3 of the Foreign Business Act (FBA) to facilitate foreign investment in Thailand. Vuttikrai Leewiraphan, director-general of the Business Development Department, said the removal will not hurt Thai companies because the services will […]
Read MoreMANILA, Philippines — The recent downward adjustment made by the Philippine government in the economic growth forecast for this year is still too conservative considering the challenges faced by the economy, according to London-based Capital Economics. The Development Budget Coordination Committee (DBCC) last week lowered the country’s GDP growth forecast to a range of 6.5 […]
Read MoreThe Hanoitimes – Danish brewer Carlsberg says it has the highest hopes and expectations for the Vietnamese brewing industry and is eager to expand our long-term investment in the country. Carlsberg is keen on expanding its operations in Vietnam and wanted to invest more in Habeco after becoming a strategic investor in 2008, CEO of the […]
Read MoreThe Hanoitimes – The registration period of purchasing the said amount share is scheduled from September 20 to September 30, 2018. State-run Vietnam National Shipping Lines (Vinalines) has plans to offer over 483 million shares left unsold from the previous initial public offering (IPO) held on September 5, reported CafeF. The registration period of purchasing the […]
Read MoreThe Hanoitimes – The country’s food industry has lured foreign investments, especially through merger and acquisition (M&A), thanks to its large population and growing consumer demand fueled by the rapid growth of the middle class. Reports from the recent M&A Forum showed that essential consumer goods, including food, drink and household utensils, have contributed significantly to […]
Read MoreAMID its ongoing transformation programme, Singapore Airlines (SIA) is turning its focus to a branding makeover, while seeking to sharpen its digital capabilities by partnering with e-commerce giant Alibaba. According to a 23-page Request for Information (RFI) seen by The Business Times, the airline is carrying out a tender to bring onboard a creative agency […]
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Thailand
