PETALING JAYA: Malaysia’s economy is forecast to shrink by 6% this year due to the impact of the Covid-19 pandemic, but it will rebound 6.6% next year, according to the Global Economic Outlook report from Oxford Economics. The report, issued yesterday, said although the nationwide movement control order in Malaysia compounded the economic damage in […]
Read MoreForeigners will be allowed to own condominium units in Laos under a newly amended Law on Land. The new Law on Land has been published on the official Lao Gazette, where Lao laws can be accessed online. Article 132 of the revised law covers the land use rights of condominiums, allowing foreigners the right to purchase […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may keep the country’s accommodative monetary policy stance over the next two years to help the economy fully recover from the impact of the COVID-19 pandemic. In an interview with ANC’s Market Edge, BSP Governor Benjamin Diokno said monetary authorities are likely to maintain the current […]
Read MoreWith COVID-19 seemingly worsening across Myanmar, and the uncertainty of what changes the coming election may bring, there has never been a more crucial time to focus on the financial stability of the country. The key to ensuring stability and safeguarding our future is FDI in Myanmar. But this isn’t about encouraging new investment, it’s […]
Read MoreCambodia exports via Svay Rieng province-based special economic zones (SEZs) alone reached more than $124.87 million in August, an increase of more than $57 million in July, according to figures from the Ministry of Commerce. Most products exported were garment, footwear, bicycles and spare parts and most were sent to the US and EU markets. […]
Read MoreThe Hanoitimes – Vietnam is home to 32,539 valid foreign direct investment (FDI) projects with registered capital of a combined US$381 billion, of which US$233 billion has been fully disbursed. A report from the Ministry of Planning and Investment (MPI) outlining Vietnam’s strategy for foreign investment in the 2021 – 2030 period suggested only 5% foreign-invested […]
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Thailand
