The Hanoitimes – To lure more foreign investment in infrastructure, Vietnam needs to have a clear public-private partnership (PPP) framework. Many investors have shown their interest in Vietnam’s infrastructure projects as the government has affirmed to continue focusing on infrastructure development with the participation of the private sector. Prime Minister Nguyen Xuan Phuc told a recent […]
Read MoreThailand’s central bank is ready to take additional steps to rein in the currency, Deputy Governor Mathee Supapongse said. The Bank of Thailand and the government remain concerned about the baht’s appreciation and continue to discuss the issue, Mr Mathee told reporters in Bangkok Tuesday. The bank’s foreign-exchange intervention has helped to boost reserves and curb the baht, he […]
Read MoreThe CPI in November 2019 decreased by 0.1 per cent year-on-year compared to November 2018. Prices of Food and Non-Alcoholic Beverages recorded a decrease of 0.6 per cent. Meanwhile, Non-Food recorded an increase of 0.04 per cent, according to the Department of Economic Planning and Statistics (DEPS). The CPI decrease was largely attributed to decreases […]
Read MoreGEORGE TOWN: Malaysia’s shadow economy accounts for 21% of gross domestic product (GDP) and amounts to an estimated RM300bil, says Finance Minister Lim Guan Eng. He said the strong underground economy, which he attributed to illegal activities that are difficult to track down, should be tackled effectively. “If not handled well, it will not only […]
Read MoreThe Philippine peso-US dollar spot trading and the operations of banks in the areas heavily affected by Taal Volcano activity were suspended on Monday. In a statement, the Bankers Association of the Philippines (BAP) explained that the closure of the spot trading was pursuant to Bangko Sentral ng Pilipinas Circular 1043 Section 3(b) of Annex […]
Read MoreYangon-based investment advisory firm, Andaman Capital Partners, has invested into a local plastics recycling start-up. Andaman Capital has injected a mid-six digit figure in Myanmar Recycles, which will help the start up to expand its business. The actual sum was not disclosed. “The funding will be used to acquire more recycling equipment that will significantly […]
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