The government has issued a decree to promote the participation of both domestic and foreign investors in the development of infrastructure and public service delivery projects through private-public partnerships (PPP). PPP projects are proliferating in Laos because the government requires huge investment to improve road networks, railways, and other amenities to boost economic growth. Economists […]
Read MoreKUALA LUMPUR: Foreign companies that have invested in the country say they remain committed to the country as they value and appreciate the long-term partnership with the Malaysian government and look forward to many more years of success. On the re-implementation of the movement control order (MCO 2.0) and the proclamation of emergency to contain […]
Read MoreMANILA, Philippines — Motor vehicle and motorcycle production, as well as sales in the Philippines, recorded a double-digit drop from January to November last year compared to a year ago on continued weak market demand due to the pandemic. Data from the Association of Southeast Asian Nations (ASEAN) Automotive Federation (AAF) showed motor vehicles assembled […]
Read MoreState aid measures for struggling taxpayers, including deadline extensions for filing income taxes, a 90% reduction in land and building taxes and a reduced 0.01% fee for property transfers and mortgages, are scheduled to go before the cabinet next week. Prime Minister Prayut Chan-o-cha made an announcement on his Facebook page on Friday that the […]
Read MoreExports fared better than expected for the full year of 2020, contracting 6.1% from the previous year, driven by an unexpected rise in December, ending a seven-month decline. The Commerce Ministry reported that customs-cleared exports fetched US$20.1 billion in December, up 4.71% year-on-year, with imports rising 3.62% to $19.1 billion, resulting in a trade surplus […]
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Thailand
