PETALING JAYA: Experts believe Malaysia’s foreign direct investment (FDI) momentum will continue to pick up in the upcoming quarters, following the rise in the country’s realised FDI by nearly RM11bil or 68.4% year-on-year (y-o-y) in the first six months of 2019 (6M19). According to Fitch Solutions Macro Research, the resumption of China-backed projects in Malaysia […]
Read MoreThailand Post is promoting its e-commerce delivery services with the “Morning to Afternoon Can Deliver, Afternoon to Next Day Can Deliver” campaign. In keeping with the theme, parcels sent in the morning can be delivered in the afternoon and parcels sent in the afternoon can be delivered the next day, said Smorn Terdthampiboon, president of […]
Read MoreThe Hanoitimes – In the first eight months of 2019, Vietnam’s total trade value reached US$340 billion, up 8.9% year-on-year, leading to a trade surplus of US$5.2 billion during the period. Vietnam, along with Thailand, is predicted to remain a bright spot in ASEAN in terms of trade surplus for the remaining period of the year, […]
Read MoreSingapore-based Indochina Energy Partners is focusing on rooftop solar installations in three Southeast Asian nations, including Cambodia. According to a report by ScanAsia released Monday, IEP is working on rooftop photovoltaic panel installations in Vietnam, Myanmar and Cambodia. Thomas Jakobsen, IEP managing director, said the company is already successful in Vietnam’s rooftop photovoltaics sector. Funded […]
Read MoreMANILA, Philippines — The recent supply disruption caused by attacks on Saudi Arabia’s oil facilities is no longer expected to exert inflationary pressure after the Middle East oil giant announced it can normalize oil production within the month,” Socioeconomic Planning Secretary Ernesto Pernia said yesterday. “Saudi has said they will be back in full business […]
Read MoreInterest rates are less important than confidence as a mechanism for propping up economic growth, says Deputy Prime Minister Somkid Jatusripitak. Amid a gloomy global economy, Thailand needs to build confidence above all, Mr Somkid said, adding that tepid investment is contributing to the firmer baht, so it’s necessary to ramp up investment to bolster […]
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