Real investment in the government’s Eastern Economic Corridor (EEC) is estimated to reach 400 billion baht this year, driven largely by private investment and key infrastructure development projects. Of the total, 300 billion baht is expected to be generated by private investment, while 100 billion would stem from key infrastructure projects including a high-speed rail […]
Read MorePETALING JAYA: The reopening of more economic sectors under the second phase of the movement control order (MCO 2.0) has succeeded in reducing the country’s losses to RM300mil a day compared to RM2.4bil a day during the MCO 1.0. Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz (pic) said the MCO 2.0 allowed more economic […]
Read MorePrivate investment is forecast to keep flowing into the healthcare sector in the time ahead with the appearance of many new drivers. According to the Dau tu (Vietnam Investment Review) newspaper, Nipro Pharma Vietnam, invested in by the Nipro Pharma Corporation – one of Japan’s leading pharmaceutical companies – is completing necessary procedures to add […]
Read MoreNok Air finished debt negotiations with 50% of creditors in the buildup to the rehabilitation process while its biggest shareholders want to acquire stakes of competitors to control the aviation market. “We will likely submit the rehabilitation plan to the Central Bankruptcy Court on March 15 as planned. But we also have to learn from […]
Read MoreMANILA, Philippines — The domestic banking sector managed to post a 6.9 percent growth in total assets despite the uncertainties brought about by the pandemic, according to the Bangko Sentral ng Pilipinas (BSP). Total resources of Philippine banks hit a record high of P20 trillion last year, P1.29 trillion higher than the P18.71 trillion recorded […]
Read MoreAfter buying Duy Tan Plastic Corp, Thailand’s Siam Cement Group (SCG) is cementing its domination of Vietnam’s plastic production industry. Under the contract signed on February 9 via a virtual conference, Duy Tan will sell 70 per cent of its shares in five of total twenty-two subsidiary companies, including Duy Tan Plastic Manufacturing Corp and […]
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