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Foreign capital continues to flow into Vietnam

Strong foreign capital flow into Vietnam through different channels reflects foreign investors’ belief in Vietnam’s economic development prospects. In late November, disbursement of a $600 million credit package with an interest rate of 6.5 percent per year for the Masan Group was completed. This was the biggest ever foreign syndicated loan in the private sector. […]

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Thailand: TAT sees Chinese tourists returning soon

Outbound tourism from China is expected to restart during the Chinese New Year in late January 2023 as Beijing gradually lifts Covid-19 restrictions, aiding tourism-related stocks and the overall travel sector in Thailand, say industry operators. Speaking at an event on Wednesday hosted by the Federation of Thai Capital Market Organizations (Fetco), Tourism Authority of Thailand […]

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International Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz
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Zafrul: Malaysia a destination of choice

PETALING JAYA: Malaysia remains a top investment destination among global investors and a hotspot for business expansion, according to the Malaysian Investment Development Authority (Mida). The country attracted almost RM194bil of approved investments in the first nine months of 2022 (9M22), with a quarter of the investments coming from China. On a year-on-year (y-o-y) basis, […]

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Philippines: Vehicle sales up 31% in months

MANILA, Philippines — Vehicle sales in the country continued to post double-digit growth in the 11 months of the year, driven by growing consumer demand, data from the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA) showed. In a joint report, CAMPI-TMA said year-to-date new motor vehicle sales increased […]

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