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Thailand: EEC accelerates promotion push to attract private investments

The Eastern Economic Corridor (EEC) Office is speeding up efforts to encourage companies to join the government in transforming the economic zone into Thailand’s high-tech industrial hub. Co-investment between businesses and the government is key to the goal, said Kanit Sangsubhan, special advisor for the EEC’s strategic planning. Authorities will allocate 5% of the state budget […]

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Philippines: Factory activity perks up as demand improves in November

MANILA, Philippines — The country’s manufacturing activity picked up slightly in November from the previous month on improved demand conditions, but elevated prices continue to pose challenges for the sector. According to the report released by S&P Global Market Intelligence yesterday, the Philippines’ manufacturing purchasing managers’ index (PMI) was at 52.7 in November, up from […]

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Cambodia: Riel circulation on the rise in rural economy

In the post-Pol Pot regime (1975-1979), the circulation of riel has increased remarkably, especially in the rural economy as the government has unleashed and implemented necessary measures to promote the usage of riel, a top official of the National Bank of Cambodia (NBC) said. The measures taken by the government include payment of civil servants’ […]

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