For the first eight months of this year, there were in total 3,350 construction projects across Cambodia with an estimated investment capital of $5,081 million, according to the Socio-Economic Trends released by the Ministry of Economy and Finances Tuesday. If compared to the figures in the first eight months of 2019, the number of approved […]
Read MoreThe Ministry of Industry and Trade (MoIT) will promote domestic market consumption to contribute partly to enhancing socio-economic development. In the context that the COVID-19 pandemic is affecting export, investment and tourism activities, the domestic market continues to be a bright spot in the macro-economy for short and also long-term economic growth, according to the […]
Read MoreMANILA, Philippines — More foreign direct investments (FDI) flowed into the country for the fourth straight month in August, surging by 46.9 percent to $637 million on renewed investor confidence despite the raging coronavirus pandemic, according to the Bangko Sentral ng Pilipinas (BSP). The strong performance in August slowed the pace of decline during the […]
Read MoreHowever, even though this is a 7.6 percent drop from last year’s 17 billion USD, Vietnam will remain the ninth biggest remittance beneficiary in the world, according to a recent report by the World Bank. In the East Asia and Pacific region, the country is forecast to rank third behind China (59.5 billion USD) and […]
Read MoreReducing the mandatory quarantine period and reopening the border safely and slowly are the keys to tourism recovery for all stakeholders as domestic demand alone is not sufficient for survival, according to Minor Hotels. Small businesses will be hurt more than big players if the borders remain closed, with the unemployment rate expected to surge, […]
Read MoreThe Kingdom’s waste-to-energy plans remain in limbo as the associated investment costs to see them to fruition have been deemed unviable. Victor Jona, director-general of the Ministry of Mines and Energy’s General Department of Energy, said that the companies invited to produce studies on waste-to-energy feasibility studies projected power costs far in excess of the […]
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Thailand
