JAKARTA: Indonesia’s new sovereign wealth fund will offer dedicated industry funds in a bid to drum up US$15bil investment and deepen access to global capital by South-East Asia’s biggest economy, Finance Minister Sri Mulyani Indrawati told Reuters. The structure, outlined in a briefing by top economic ministers last Friday, has been adopted to entice global […]
Read MoreMANILA, Philippines — Car importers sold 43 percent less in 10 months this year as all vehicle segments registered fewer demand amid the pandemic. The Association of Vehicle Importers and Distributors Inc. (AVID) said in a statement yesterday it sold 40,993 units as of end-October, lower than the 71,362 units in the same period last […]
Read MoreThe gold price is likely to move sideways down in the short and medium term, pressured by the progress of Covid-19 vaccines, but the long term price is still expected to trend upwards, supported by global central banks’ money-easing policies. The global gold price briefly fell on Monday night as Moderna announced that its vaccine […]
Read MoreThe Hanoitimes – Many Vietnamese enterprises do not truly understand the significance of brands or see them as a long-term investment. While Vietnam is beefing up global integration, brand building is a key step to help Vietnamese products compete with their foreign peers. However, there is still a lack of efforts from both enterprises and local […]
Read MoreMANILA, Philippines — Share prices got a much-needed boost from another COVID-19 vaccine breakthrough, halting the market’s decline over the past three trading sessions. Investors yesterday rejoiced on news that US biotech firm Moderna’s experimental COVID-19 vaccine appears to be 94.5 percent effective. It marked the second time this month that a company unveiled such […]
Read MoreThe government should speed up providing assistance to groups badly affected by Covid-19, such as hotel operators in Phuket, according to academics. At a forum arranged by the Foundation for Labour and Employment Promotion, Kiriya Kulkolkran, a lecturer at the Faculty of Economics Thammasat University, said the number of foreign tourists in the country has […]
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Thailand
