The Hanoitimes – The country with a population north of 95 million is seeing a surge in tech companies taking advantage of its growing yet unique startup culture. Vietnam is transforming into one of the hottest startup hubs, not only in Asia, but in the world, the International Business Times (IBT) reported. The IBT backed up […]
Read MoreThe Hanoitimes – To date, JG Summit has invested US$200 million in Vietnam, employs 3,000 people and exports 50% of its products manufactured in Vietnam. JG Summit Holdings, one of the largest Filipino investors in Vietnam, proposed to invest in the country’s tea industry through public-private partnership (PPP) contracts towards sustainable development, according to Lance Y. […]
Read MoreBank Indonesia sees room to cut interest rates, according to Governor Perry Warjiyo, raising the prospect of Southeast Asia’s biggest economy easing monetary policy in the face of growing risks to growth. “If we take into account low inflation and economic growth that needs to be pushed, indeed, we already know that there’s room to […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures rose on Monday, shadowing higher U.S. soyoil prices on the Chicago Board of Trade (CBOT), while a softer ringgit also supported. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was up 0.8% at 2,035 ringgit ($487.19) per tonne at the day’s close. Palm oil fell last week on […]
Read MoreAround one year after allowing foreign investors to register and participate in the domestic retail and wholesale sector in May 2018, the Ministry of Commerce (MOC) has so far permitted nine wholly foreign retail and wholesale providers to operate in the country. These include investors from Japan, Thailand, US, Singapore and the Netherlands. The new […]
Read MoreAUDITS by Thai Customs have long been a source of dread for importers. They were typically drawn-out affairs, usually with the threat of a very large assessment at the end of the process. Every point would be argued long and hard, with previously agreed issues resurrected to push towards a settlement. The reward structure created […]
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Thailand
