PETALING JAYA: Budget 2021 plays a delicate role in not only strengthening households’ purchasing power, but also in creating an accommodative investment environment for local companies and foreign investors. Incentives and measures under the budget are expected to make Malaysia a competitive investment destination, at a time when foreign direct investments (FDIs) are evolving to be geographically […]
Read MoreDong Nai has been among the leading localities in Vietnam in attracting foreign investment over recent years, with local authorities continuing to innovate and create a favourable investment environment. Fujitsu Vietnam has been operating at the province’s Bien Hoa 2 Industrial Park for more than 25 years. It initially invested nearly 80 million USD upon […]
Read MoreMANILA, Philippines — Fitch Solutions Country & Risk Industry Research expects a deeper economic contraction for the Philippines for this year, but expects a stronger rebound next year on the back of supportive fiscal and monetary policy stances. The research arm of the Fitch Group expects the Philippine economy to contract by a deeper 9.6 […]
Read MoreThailand’s tourism minister has warned that local demand is expected to drastically slow amid a slumping economy if there is no proper plan to reopen to tourists next year. Local demand remains below 40% of last year’s figure despite an uptick in activity since the outbreak of the pandemic, said Phiphat Ratchakitprakarn, Tourism and Sports […]
Read More[HANOI] Fifteen Asia-Pacific nations are set to sign an enormous free trade deal at an online summit that started on Thursday, with the pact seen as a coup for China in extending its influence across the region. Once signed, the Regional Comprehensive Economic Partnership (RCEP) will be the world’s largest trade pact in terms of […]
Read MoreMANILA, Philippines — Foreign groups are closely looking at the Philippine mining industry as the government considers the sector as a major contributor to economic recovery. In a virtual forum Wednesday, the Philippine Mining and Exploration Association (PMEA) said international and local firms are now revisiting their prospects as the mineral industry has not been […]
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