MANILA, Philippines — Investments approved by the Philippine Economic Zone Authority (PEZA) in the first quarter of the year reached P12.537 billion, up 54 percent from the same period last year. The more than 50 percent surge in investments from January to March is an indication that we are on the right track in achieving […]
Read MoreAround 90 percent of the construction of Angkor Siem Reap International Airport has been completed and is set for an official inauguration in October. An update regarding the construction of the airport was provided after an inspection by the steering committee yesterday. Tekreth Samrach, secretary of state at the Council of Ministers, led the team. […]
Read MoreThailand’s Central Group is said to be a possible candidate to acquire a stake in the shopping mall arm of Vingroup, Vietnam’s largest conglomerate, five sources told Reuters on Wednesday. Vincom Retail, Vietnam’s biggest shopping mall operator, which is nearly 60% controlled by Vingroup, commands a market value of US$2.8 billion. The sources said Thailand’s biggest […]
Read MoreThe VN-Index inched higher thanks to gains of large-cap stocks and marked its seven days of rally. HÀ NỘI — Stock markets were mixed on Wednesday with the VN-Index extending its rallies, but gains were capped as investors were more cautious after GSO had revealed data showing that the economy grew modestly in the first quarter. The […]
Read MoreA locally-run aluminium recycler, the first in Cambodia to export pure aluminium to China, now plans to produce aluminium and products thereof for the domestic market as well. Seng Casin Electronics will soon begin producing drink cans for local drinks manufacturers. Its CEO Sun Bunheng said the factory currently exports all of the aluminium it […]
Read MoreThe Bank of Thailand on Wednesday raised its benchmark interest rate for a fifth straight time and signalled that more tightening is on the horizon to return inflation to its target. “With all the data that we have now, we think the rate normalisation should continue,” assistant governor Piti Disyatat said at a briefing after policymakers […]
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Thailand
