Bank Indonesia (BI) will hold its benchmark interest rate in the fourth quarter at 4 percent until the end of 2021 as the central bank focuses on maintaining a stable currency amid the COVID-19 induced uncertainty, analysts have said as they revise their previous projections. In a report released by JP Morgan Chase analyst Nur […]
Read MoreA senior executive officer of Cambodian rice-crackers manufacturer Lyly Food Industry Co Ltd has said the company will build a special economic zone (SEZ) in Preash Sihanouk province and plans to launch it next year. Keo Mom, chief executive officer of the Phnom Penh company, said her brand new SEZ, called Kampong Seila Special Economic […]
Read MoreVietnam has been seen as an ideal destination for foreign companies looking for elsewhere to relocate production channels in a bid to diversify their supply chains in the post-Coronavirus pandemic. The process of investment relocation may take time but Vietnam has been active to grasp opportunities resulted from such strategic shift. Successful containment of COVID-19 […]
Read MoreLuang Prabang, Laos’ premier world heritage site, is investing heavily in the development of facilities at visitor attractions alongside a promotional campaign to boost domestic travel and reinvigorate tourism. The switch in focus to domestic tourists is in response to the severe and unprecedented blow to the tourism industry, especially through the absence of foreign […]
Read MoreAlthough the automotive industry is struggling to deal with a worldwide economic downturn, local authorities and car makers are clinging to their ambitious goal to make Thailand a champion in electric vehicle (EV) business in the region. Since lockdown measures were lifted, news and updates on EV projects in the public and private sectors keep […]
Read MoreMANILA, Philippines — The earnings of the Bangko Sentral ng Pilipinas (BSP) dropped by 35 percent to P13.71 billion from January to August compared to P33.51 billion in the same period last year due to lower revenues and net loss on foreign exchange rate fluctuations. According to the BSP, its revenue comprised mostly of interest […]
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Thailand
