Singapore remained the largest foreign investor in Indonesia during the first half, with investments of US$3.4 billion comprising 5,348 projects, according to the latest investment data issued by the Investment Coordinating Board (BKPM) on Tuesday. During the same period, Japan was the second-largest with investment of $2.4 billion comprising 3,708 projects, followed by China as […]
Read MoreThe Bank of Thailand and commercial banks have initially agreed to set a lending guidance by capping a borrower’s debt-service ratio (DSR) at 70% for those earning up to 30,000 baht a month. The move is to keep a lid on the country’s household debt, warding off potential financial stability risks and standardising loan extensions. […]
Read MoreThe Hanoitimes – Vietnam continues affirming that it will extend efforts to boost trade with the US. The State Bank of Vietnam (SBV), the country’s central bank, has affirmed that it together with related agencies would be willing to work with the US Department of Treasury to address any issues that hinder the bilateral trade after […]
Read MoreVietnam’s largest private conglomerate Vingroup began selling its Vsmart phones in Myanmar Wednesday as part of its global expansion strategy. Four Vsmart phone models will be distributed through 1,500 stores of Myanmar’s major electronics retailer Strong Source, Vingroup said in a statement. The company will also cooperate with two online retailers: Mytel, a subsidiary of […]
Read MoreSingapore: United Overseas Bank Ltd is betting South-East Asia will shield it from the escalating trade war between the United States and China, distancing itself from the approach of its two main rivals that have expanded their focus to Hong Kong and the mainland. “Asean will become a safe haven,” chief executive officer Wee Ee […]
Read MoreJust as Thailand looks ready to displace Chinese parts and products in American cars and kitchens, dysfunctional politics may cost it the opportunity. After five years of military rule, the Southeast Asian nation has returned to a fragile democracy. A pro-junta alliance is still negotiating with potential allies to form the next government following elections in […]
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Thailand
