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Moody’s Analytics sees strong Philippines GDP growth

MANILA, Philippines — The Philippines is poised to book a strong gross domestic product (GDP) growth of between six and seven percent over the next few years despite the slowdown in the past few quarters, according to Moody’s Analytics, a unit of Moody’s Corp. Moody’s Analytics economist Vaesna Kong said in a report that the Philippine economy may […]

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Foreign funds gear Vietnam’s firms to integration

The Hanoitimes – Many Vietnamese firms have received capital from foreign funds, which have contributed to increasing their competitiveness significantly. Foreign investors have provided more opportunities for Vietnamese firms in the country’s deep international integration process as they are not only involved in financing but also in running invested firms, devising strategies and expanding their markets. […]

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Indonesia: Batam authority ready to vouch for foreigners wanting to buy homes on island

Batam Indonesia Free Trade Zone Authority (BIFZA or BP Batam) says it is ready to be the guarantor for foreigners who want to buy property on the island to compete with the property market in Johor Bahru in Malaysia and Singapore. BIFZA head Lukita Dinarsyah Tuwo said he had submitted the proposal to the Law and Human Rights Ministry to allow his office to […]

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Myanmar: 12 applications for first phase of Yangon highway project

The Ministry of Construction says it has received 12 prequalification applications for the Yangon Elevated Expressway Project (YEX) Phase 1. The deadline for submissions of prequalification applications was November 13, and the ministry has announced the companies or consortiums that submitted applications for the project. The companies/ consortiums are VINCI Highways from France,  Team Korea […]

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