CHINA has overtaken the United States in terms of the volume of net equity capital investments to the Philippines in the January-to-October period last year, according to data from the Bangko Sentral ng Pilipinas (BSP). However, a closer neighbor’s volume of long-term investments to the Philippines is almost triple that of the combined capital placements […]
Read MoreMalaysian government officials have come out to say they are still undecided on whether or not they will legalize cryptocurrency. The matter is still under consideration, which is frustrating those looking to seize the moment to help the Malaysian cryptocurrency industry grow. As neighboring South East Asian nations such as Thailand, Singapore, and Hong Kong […]
Read MoreSHANGHAI—China published a five-year blueprint on Friday seeking economic and financial integration between southern Guangxi province and Southeast Asia, representing Beijing’s latest effort to promote international use of the yuan currency. China’s state council, or cabinet, has agreed to build Guangxi, which borders Vietnam, into a financial gateway between the Association of Southeast Asian Nations […]
Read MoreThe Communist Lao government expects domestic and foreign private investment to climb to 23,086 billion kip ($2.7 billion) in 2019 from around $2.36 billion last year, accounting for 52.06 per cent of total investment or 13.95 per cent of GDP, the Vientiane Times reported. The figure was revealed on January 9 at the Lao central and provincial […]
Read MoreSINGAPORE (Jan 14): This year marks 200 years since Stamford Raffles landed on an island located between Peninsula Malaysia and Java. Raffles established the free and open port of Singapore by treaty, and since then the island state has flourished into one of the richest economies in the world. Yet, even as its wealth and […]
Read MoreBEIJING (Xinhua) – China will support countries in the Association of Southeast Asian Nations (ASEAN) to set up offshore renminbi markets as part of a string of measures to facilitate cross-border financial innovation. ASEAN insurers are welcome to set up branches and do business in Guangxi Zhuang Autonomous Region, which is expected to become a […]
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Thailand
