The Hanoitimes – Sabeco is calculated to pay a total of VND962 billion (US$41.21 million) on dividend. ThaiBev, which owns a 53.59% stake in Saigon Beer Alcohol Beverage Corp (Sabeco) through its local unit Vietnam Beverage, is expected to receive VND500 billion (US$21.42 million) of 2018 dividend in cash from Vietnam’s largest brewer. Sabeco’s board of […]
Read MoreFinance Minister Apisak Tantivorawong has rushed to dispel concerns that there is a local property bubble. Developers typically trim supply if a bubble forms to prevent losses, but they are continuing to introduce a large amount of supply, which suggests they believe demand will prevail, he said. However, the central bank must analyse the risks […]
Read MoreKUALA LUMPUR: The budget deficit target for 2019 could be raised to 3% of gross domestic product (GDP) from the targeted 2.8% this year, Socio-Economic Research Centre’s (SERC) executive director Lee Heng Guie (pic) says. “I believe the deficit will be at a slightly higher level than the 2.8% mainly due to the lower revenue […]
Read MoreAviation investors from France are interested to expand their investment in the aviation industry in the Eastern Economic Corridor or EEC after visiting Thailand and hearing about investment incentives from the Board of Investment or BOI, said Duangjai Asawachintachit, BOI secretary-general, yesterday. She said after meeting with French investors who visited the office and EEC […]
Read MoreThe Ministry of Electricity and Energy (MOEE) officially announced that the ShweYee Htun-2 appraisal well at offshore block A-6 near Rakhine State is able to produce natural gas for commercial purposes. However, U Win Khine, Union Minister of the MOEE, did not provide a timeframe on when the profit sharing contract (PSC) for development of […]
Read MoreThe Hanoitimes – A new generation of European investors, including those from Francophone countries, will enter Vietnam when the EU-Vietnam Free Trade Agreement (EVFTA) is approved. Director of the Organization of La Francophonie’s Asia-Pacific office Eric-Normand Thibeault made the forecast at the first Asia Pacific economic forum for businesses of the Francophone held in Hanoi recently. […]
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