The Hanoitimes – The government is able to fund roughly 30% of total capital required for low-cost housing projects amid growing demand for this segment. Demand for low-cost housing is forecast to surge from now through 2020 and the Vietnamese government is seeking private capital for this housing segment, reports from a recent conference showed. At […]
Read MoreTHAILAND, as Asean chair, will push for conclusion of the Regional Comprehensive Economic Partnership (RCEP) negotiations by the year-end in order to counterbalance the negative impacts of the US-China trade war. Auramon Supthaweethum, director-general of the Department of Trade Negotiations (DTN) under the Ministry of Commerce, said Thailand would benefit from both increased exports and […]
Read MoreCambodia’s garment and footwear exports last year increased 24 per cent in 2017 as the global economy performed well, driving demand higher in export destinations, according to a National Bank of Cambodia (NBC) report. The NBC’s 2018 report said the Kingdom’s garments and footwear exports were valued at $10 billion, up 24 per cent from […]
Read MoreLAOS’ Champasak province’s economy saw growth of 8.15 per cent last year, 0.02 per cent more than the 8.13 per cent figure endorsed by the National Assembly. Gross Domestic Product (GDP) hit 19.142 trillion kip ($2.248 billion) or 115.63 per cent of the 2018 target of 16.554 trillion kip, while average annual per capita income […]
Read MoreMANILA, Philippines — Malaysia’s second largest financial services provider CIMB Group is dipping its hands in the investment banking business after formally launching its banking presence in the Philippines to complete its footprint in Southeast Asia. Effendy Shahul Hamid, chief executive officer of Group Ventures and Partnerships of the CIMB Group, said the Kuala Lumpur-based […]
Read MoreBangkok Airways is pursuing further expansion in secondary Vietnamese markets with the launch of a direct route from Bangkok to Vietnam’s central coastal town of Cam Ranh. The airline began offering new flights last week with four flights a week — Monday, Wednesday, Friday and Sunday — on a 144-seat Airbus A319 aircraft. The new service […]
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