The government has established a special task force to attract businesses leaving China and facilitate their relocation to Indonesia. American, Japanese and South Korean companies are reportedly in discussions with the Investment Coordinating Board (BKPM) over their potential relocation to the Batang and Brebes industrial districts in Central Java, which are currently under development. According […]
Read MoreThe Hanoitimes – Strong development of the night economy, including prize-winning games businesses, could help Vietnam’s tourism compete with regional peers. More incentives and open policies are needed to attract investors into the billion-dollar business of prize-winning games in Vietnam which is deemed to hold huge potential for development, according to Nguyen Anh Tuan, editor in […]
Read MoreKUALA LUMPUR: The country’s debt level could hit the statutory limit of 55 per cent of gross domestic product at the end of the year from 52 per cent currently following the implementation of measures to save lives, protect livelihoods and stimulate the economy, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said on Tuesday. […]
Read MoreCollections plunge, spending soars due to lockdown MANILA, Philippines — The national government incurred a budget shortfall in May as it continued to increase disbursements in response to the coronavirus disease 2019 or COVID-19 pandemic amid weak revenue generation, the Bureau of the Treasury (BTr) reported yesterday. Based on the latest data from the Treasury, […]
Read MoreA senior official from the Telecommunication Regulator of Cambodia (TRC), says the Ministry of Posts and Telecommunication has removed the business licence and spectrum of Cambodia Advance Communications Ltd, known as CADCOMMS and branded as qb. Cambodia Advance Communications Ltd or “CADCOMMS” has been in operation in Cambodia since 2008 when it launched a 3G […]
Read MoreMANILA, Philippines — Members of the Association of Southeast Asian Nations (ASEAN) are expected to benefit from a stronger currency swap arrangement and better financial safety net now that the amended Chiang Mai Initiative Multilateralization (CMIM) agreement is already in effect, according to the Department of Finance (DOF). In a statement, the DOF’s International Finance […]
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Thailand
