INDONESIA’S investment realisation of domestic and foreign direct investment accelerated in the third quarter of 2019, which “reflects confidence among investors in the Indonesian economy following the election victory of the incumbent President Joko Widodo”, UOB economists said in a Nov 12 note. Overall, total investment realisation grew 18.4 per cent year on year, accelerating from […]
Read MoreThe Hanoitimes – In Vietnam, 11 Business Associations have officially signed the Business Integrity Pledge to uphold the core values of integrity, ethical behavior, and accountability. Business Associations are expected to be an active partner to vigorously urge the movement of business integrity in the sectors that they represent, according to Vu Tien Loc, chairman of […]
Read MoreDHL Supply Chain, one of the global market leaders for contract logistics solutions, announced the opening of its first multi-user warehouse in Myanmar, last week. The company has invested approximately K1.58 billion (€1 million) in the facility located in Dagon Seikkan Industrial Zone in Yangon, and is targeting to add more than 200 full-time employees […]
Read MoreThe Hanoitimes – Renewable energy has emerged as one of the most preferred sectors for investment in Vietnam, coming third behind fintech and education. Despite a recent development of renewable energy, Vietnam still needs assistance and aid from its foreign partners in the transition to the clean power resource, officials said. According to Do Duc Quan, […]
Read MoreSINGAPORE (Xinhua) – Singapore’s retail sales declined by 2.2 per cent year-on-year in September, compared to a re-calculated four per-cent decrease in August, the Department of Statistics of Singapore announced yesterday. On a seasonally adjusted basis, the retail sales increased by 1.9 per cent month on month in September, compared to a 1.2 per cent […]
Read MoreHONG KONG: Malaysia’s aviation-safety downgrade makes Asia the region with the most markets where airlines are restricted from US airspace. The US Federal Aviation Administration cut Malaysia to a Category 2 nation on Monday, banning the country’s carriers from setting up new flights to anywhere between New York and San Francisco. It cited deficiencies by […]
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Thailand
