The private sector has proposed terms of reference (ToR) that permit foreign investors to hold more than a 50% share in the 224.54-billion-baht high-speed railway linking the three main airports in a bid to boost management efficiency. The three airports are Don Mueang, Suvarnabhumi and U-tapao. The Eastern Economic Corridor (EEC) Committee, chaired by Prime Minister […]
Read MoreKUALA LUMPUR: AmBank Research expects inflation to rise gradually driven by firmer commodities prices and tighter labour market conditions which should result in firmer wages and better disposable spending by households. “With our inflation projection between 2% and 2.5%, we expect Bank Negara to normalise its policy rate to 3.50%, most likely in September in […]
Read MoreTEMPO.CO, Manado – Deputy chairman of North Sumatra`s Chamber of Commerce and Industry (Kadin) said that the plan to block Facebook in Indonesia will certainly harm the country`s micro, small and medium enterprises (SMEs). “We refuse to have Facebook blocked, large numbers of SMEs have utilized the social media platform to promote and market their businesses,” said Ivanry, North […]
Read MoreMANILA, Philippines — Wholesale prices of commodities increased at a slower pace in February due largely to the decline in the prices of crude materials, the National Statistics Office reported. Data from the NSO showed that the general wholesale price index (GWPI) grew five percent from 7.5 percent. The crude materials index except fuels continued […]
Read MoreAsia AVA Gas Company has entered into a joint venture with Myanma Petrochemical Enterprise (MPE), which falls under the remit of the Ministry of Electricity and Energy (MOEE) to undertake a project enabling the import, storage and distribution of liquefied petroleum gas (LPG) in Myanmar, Daw Yin Yin Aung, deputy director of MPE, told The Myanmar […]
Read MoreSAVANNAKHET, Laos (Vientiane Times/ANN) -The government is encouraging more Malaysian businesses to invest in several sectors in Laos, especially the 12 special economic zones spread across the country. Malaysia is currently ranked 4th in the list of foreign investors after China, Thailand and Vietnam, with investments of US$795 million in 99 projects. Electricity generation is […]
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Thailand
