cam02
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Cambodia: Logistics overhaul to cost $19b

Cambodia expects to roll out $19 billion worth of projects contained in the logistics masterplan in the next seven years with a vision of becoming a warehousing logistical hub serving the greater Mekong sub-region, as well as Thailand, Laos and Vietnam. Public Works and Transport Minister Sun Chanthol said trade volume between Thailand and Vietnam […]

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IFC to support distressed companies in Vietnam

The Hanoitimes – IFC’s investment in Altus Capital will enable the company to set up a regional facility to invest in the Philippines, Thailand, Indonesia, and Vietnam, the latter two being nascent markets for distressed asset recovery. International Finance Corporation (IFC), a member of the World Bank Group, planned to support distressed companies in East Asia’s […]

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Philippines: Automakers see sales recovery in 2019

MANILA, Philippines — Vehicle makers and assemblers are expecting a sales recovery in the market next year as consumers would have adjusted to price changes caused by the new excise taxes. In an interview, Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) president Rommel Gutierrez told reporters that they are projecting a conservative 10 […]

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Thailand: 4 EEC projects worth B470bn get nod

CHIANG RAI: The cabinet has endorsed four infrastructure investment projects worth a combined 470 billion baht under the government’s flagship Eastern Economic Corridor (EEC) scheme.  The projects were approved by the EEC Policy Committee on Oct 4 and endorsed at a mobile cabinet meeting on Tuesday in the northern province.  The approval came as some of […]

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