A survey by a Singaporean think tank has revealed that some 61.5 percent of Myanmar respondents would choose to side with China if asked to align with a global power. However, despite the preference, a deterioration of trust towards China was observed with over half of the Myanmar respondents indicating distrust of China’s contributions to […]
Read MoreBank Indonesia (BI) recorded a slower foreign debt growth last November as the government and private sector repaid the principal due during the month while the latter also borrowed less. BI revealed on Wednesday that the country’s total foreign debt reached US$401.4 billion in November 2019, higher 8.3 percent year-on-year (yoy). The growth, however, was slower […]
Read MoreExceed P1 trillion for first time MANILA, Philippines — Trade Secretary and BOI chairman Ramon Lopez told reporters yesterday total investments approved by the agency reached P1.14 trillion in 2019, the third consecutive record year for investment approvals. Compared to the P915 billion worth of investments approved in 2018, last year’s investments tally went up […]
Read MoreThe government is set to launch fresh measures to stimulate private investment and encourage Thai companies to import more goods, in part to stem the strong baht. Deputy Prime Minister Somkid Jatusripitak said he has already instructed the Revenue and Customs departments to devise additional incentives to entice more private investment and promote Thai companies […]
Read MoreSiam Commercial Bank is seeking approval from the Central Bank of Myanmar (CBM) to upgrade SCB’s representative office to operate under a bank subsidiary licence in the neighbouring country. The subsidiary model would offer SCB greater opportunities to do banking business in Myanmar, said chief executive Arthid Nanthawitthaya. Among the three options that the CBM […]
Read MoreThe Hanoitimes – High-end and luxury apartment projects in Vietnam’s major cities such as Hanoi and Ho Chi Minh City have been indeed attractive to foreigners in recent years. Though foreigners have been given the right to buy houses in Vietnam, the snail-paced enactment of available projects and shortages in updates on the number of units […]
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Thailand
