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Foreign enterprises urge Vietnam to reopen

Vaccination is key for Vietnam’s safe economic reopening and recovery, according to foreign businesses. Vietnam needs to devise a roadmap for reopening right now to maintain its regional and global competitiveness while not being left behind in the economic recovery, according to the latest petition of foreign-invested businesses to the Vietnamese Prime Minister. Foreign business […]

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Thailand: Chamber wants law for Northeast economic zone

The government is being advised to enact a specific law to govern the planned Northeast Economic Corridor (NEEC) to facilitate its development. The new corridor is expected to be similar in form to the government’s current flagship Eastern Economic Corridor (EEC), which covers three provinces. Isara Vongkusolkit, honorary chairman of Mitr Phol Sugar Corp, Asia’s […]

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Philippines: External debt hits $101.2 billion

MANILA, Philippines — The country’s external debt breached the $100 billion level after climbing by 4.3 percent to $101.2 billion as of end-June from $97 billion in end-March as the government borrowed more from foreign creditors to augment its COVID war chest, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said the […]

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