Indonesia recorded a further decline in foreign direct investment (FDI) realization in the second quarter this year, as the COVID-19 pandemic batters both the national and global economy. The Investment Coordinating Board (BKPM) announced on Wednesday that FDI fell 6.9 percent year-on-year (yoy) to Rp 97.6 trillion (US$6.67 billion) in the April-June period, continuing the […]
Read MoreMANILA, Philippines — The net inflow of foreign direct investments (FDIs) plunged by 68 percent to hit an 11-month low of $311 million in April from $971 million in the same month last year as many investors put on hold their plans amid the uncertainties brought about by the COVID-19 pandemic, according to the Bangko […]
Read MoreThe Hanoitimes – US-tech giant Google looks to build long-term cooperation with Vietnam. Google, with its experience, is willing to support the development of Vietnamese enterprises and looks to build long-term cooperation with Vietnam, according to Scott Beaumont, president of Google in Asia Pacific. Enterprises with high level of digitalization would grow twice as fast as […]
Read MoreKUALA LUMPUR: The Department of Statistics Malaysia (DoSM) Report which says that about 12.7 million or 83.5% of employees as of June 2 have returned to work, evidently shows that economic activities and services are recovering, said Tengku Datuk Seri zafrul Tengku Abdul Aziz. The Finance Minister noted that the figure on May 17,2020 was […]
Read MoreIndonesia’s exports of horticultural products such as fruit, vegetables and spices to Japan remain uncompetitive because of high prices, officials have said. Japanese food products importer Nanyang Trading Co.’s president Katsunari Kasugai on Tuesday said that Indonesian frozen horticultural product prices were 40 percent higher than those from neighboring countries like Thailand and Vietnam, because […]
Read MoreNew business registrations rose 3% year-on-year in June, as entrepreneurs felt more confident about business prospects after the easing of lockdown measures. The Business Development Department under the Commerce Ministry reported on Wednesday new business registrations totalled 5,731 in June, with combined registered capital worth 14.8 billion baht, down 3% from June last year. On […]
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Thailand
