TEMPO.CO, Jakarta – Finance Minister Sri Mulyani said the investment will be encouraged by simplifying regulations and providing incentives. It is expected to boost investment contribution towards economic growth. Sri Mulyani said it will be done by reducing the various rules that hinder. She also stated the government also needs to create a shorter and easier investment process. Related […]
Read MoreTHE BANK of Thailand (BOT) is pressing the country’s financial institutions to steer clear of involvement in transactions that relate to cryptocurrencies. The central bank yesterday issued a circular to banks and other financial institutions seeking their cooperation to help it protect the financial system from the risks posed by the digital currencies, which are […]
Read MoreCambodia’s economic freedom score dropped seven ranks in the annual Economic Freedom Index released by the Heritage Foundation, a US-based, conservative-leaning think tank. The 0.8 point dip in the score from last year put Cambodia’s economy in the “Mostly Unfree” category, ranking 101 out of a total of 180 countries – down from the 94 […]
Read MoreThe Department of Business Development approved 22 foreign entities, with a total investment of Bt735 million, to start doing businesses in Thailand in January. The department’s director-general, Kulanee Issadisai, said most of the investors are Japanese, German and Chinese, and their businesses will create 400 jobs. Out of the total, four will be providing services […]
Read MoreExport-Import Bank of Thailand (Exim Thailand) aims for 9% lending growth this year, with a focus on small and medium-sized enterprises (SMEs) and outbound investment in Cambodia, Laos, Myanmar and Vietnam (CLMV). Should the target hold true, the bank’s outstanding loans will reach 100 billion baht this year, said president Pisit Serewiwattana. The bank’s total […]
Read MoreThe Hanoitimes – Vietnam’s economic freedom score stands at 53.1, making its economy the 141st freest in the Heritage Foundation’s 2018 Index of Economic Freedom report. Vietnam is ranked 35th among 43 countries in the Asia–Pacific region, with its overall score below the regional and world averages. Its overall score has increased by a mere 0.7 […]
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