Darren Lee, Regional Director (Manila) of Enterprise Singapore, sheds some light on doing business in the Philippines. 1. What are some of the latest developments in the Philippines right now? In Q1 2018, the Philippines reported a GDP growth of 6.8%. The latest growth rates show that the country has enjoyed 6 consecutive years of […]
Read MoreThe slowdown in economic growth in the third quarter has prompted government think tank National Economic and Social Development Council (NESDC) to cut its 2019 GDP forecast again to 2.6% — from an earlier projection of 2.7%-3.2%. The lower projection was attributed to the country’s poor export prospects in light of the slowing global economy, […]
Read MoreMANILA, Philippines —The International Monetary Fund (IMF) has retained its economic growth forecast for the Philippines this year and expects it to pick up in 2020 on higher government spending as well as policy easing by the Bangko Sentral ng Pilipinas (BSP). IMF mission chief Thomas Helbling said in a press conference that the country’s […]
Read MoreThe Hanoitimes – There will be no difference in the required minimum amount of capital for airlines providing international and domestic air transport services. Instead of the previous limit of 30% of registered capital, foreign investors in the aviation sector can now own up to a 34% stake in a domestic airline, according to a new […]
Read MoreThe Lao government has instructed dealers who import and sell vehicles to present their documents no later than November 29, in a move to address illegal vehicle imports. Those who fail to present their documents may lose their business license and will not be allowed to import vehicles, according to Vientiane Times. The Ministry of […]
Read More[SINGAPORE] Singapore is turning out to be a model of capital-market development for some countries in the Middle East and Africa, according to Michael Piwowar, former commissioner at the US Securities and Exchange Commission. The city-state’s legal and institutional framework offers a good example for some developing markets, particularly because it isn’t over-regulated like the […]
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Thailand
