The Indonesian Energy and Mineral Resources Ministry has decided to extend its contract to supply gas to Singapore for five years from the initial expiry date of 2023. Jakarta (VNA) – The Indonesian Energy and Mineral Resources Ministry has decided to extend its contract to supply gas to Singapore for five years from the initial expiry date of […]
Read MoreVietnam’s competitive advantages and its strong recovery has attracted foreign retailers. Osamu Ikezoe, Uniqlo’s general director, said the firm plans to open three new stores in Hanoi by the year-end. Opening its first store in Hanoi in 2020, Uniqlo records the fastest growth rate in Vietnam, with 15 retail and online stores at present. Another […]
Read MoreA better-than-expected rebound in foreign tourist arrivals, lower oil prices and sliding shipping costs are brightening the outlook for Thailand’s current account, potentially offering a reprieve for the nation’s currency trading near a 16-year low. Southeast Asia’s second-largest economy posted a surprise current-account surplus in September and with tourist arrivals gathering pace, the broadest measure […]
Read MoreSingapore has replaced China as the leading investing country in Cambodia in 2021, accounting for six projects, or 40 percent of Cambodia’s inward FDI, revealed the Investment Monitor’s ‘2022 Inward FDI Performance Index’, released recently. China, which held the top position in both 2019 and 2020, dropped to joint second, alongside the US, recording three […]
Read MoreMANILA, Philippines — Lazada Philippines is constantly investing in its operations in the country, particularly in areas such as logistics, to improve customer experience. In an interview with reporters, Lazada chief executive officer Carlos Barrera said the company is constantly making investments, citing logistics as one area of concentration to be able to serve its […]
Read MoreKUALA LUMPUR, Nov 2 ― MIDF Research expects Malaysia’s economic growth momentum to be sustained on the back of growing domestic demand despite the manufacturing Purchasing Managers’ Index (PMI) falling further to 48.7 last month from 49.1 in September 2022. The research house said that although the PMI readings continued to signal slowing demand, external […]
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