The government has approved 168 infrastructure development projects worth a combined 989 billion baht for its flagship Eastern Economic Corridor (EEC) scheme. Kanit Sangsubhan, secretary-general of the EEC Office, said the infrastructure development plan was approved Thursday by the EEC Committee chaired by Prime Minister Prayut Chan-o-cha. The plan will come in three phases: urgent, […]
Read MoreMANILA, Philippines — Filipinos’ wealth sharply grew in a span of nine years, although the Philippines ranked low compared to its neighbors in Southeast Asia, the World Bank said in a report. According to the World Bank’s The Changing Wealth of Nations 2018 report, estimated wealth per capita in the Philippines based on 2014 data […]
Read MoreThe Hanoitimes – Speaking at a conference to implement 2018 tasks, Prime Minister Nguyen Xuan Phuc asked the Ministry of Planning and Investment to offer the Government solutions to boost economic development and turn Vietnam into a “new tiger” of Asia. The PM urged the ministry to closely watch socio-economic development to raise measures to meet […]
Read MoreHONG KONG (Reuters) – Asia’s factories made a strong start in 2018, with manufacturing activity in many countries gaining momentum and hitting multi-year highs as global demand for hi-tech products remained strong. Business surveys in Europe and the US were also expected to show solid factory activity, reinforcing expectations of another year of synchronised global […]
Read MoreTHE Singapore government will be requiring electronic goods producers and possibly even retailers to collect the products they sell and ensure that they are recycled or disposed of properly. Under such an approach known as Extended Producer Responsibility (EPR), the government will set collection targets for these companies, which if not met could attract fines, […]
Read MoreTHE Philippines’ manufacturing PMI remained positive in January but the latest reading signaled a slowdown due to the impact of higher taxes on both output and new orders. Results of an IHS Markit/Nikkei survey released on Thursday showed a seasonally adjusted Purchasing Managers’ Index of 51.7 for the month, lower than December’s 54.2 and the […]
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Thailand
