SINGAPORE is a step closer to fulfilling its aim to become an international debt restructuring hub, akin to London or New York, after a landmark ruling by an English court to recognise the city-state’s new moratorium law for insolvency and corporate restructuring. This comes after the High Court of England and Wales last month recognised the reprieve granted by […]
Read MoreJAKARTA: Indonesia’s palm oil output in March likely rose from a month earlier, while inventories were seen lower on the back of a pickup in exports and domestic consumption, according to a Reuters survey. Palm oil output in top producer Indonesia was seen rising to 3.95 million tonnes in March from 3.80 million tonnes in the previous month, according to […]
Read MoreSix additional projects worth a combined 85 billion baht are expected to seek the Public-Private Partnership (PPP) committee’s approval this year to proceed under the joint investment scheme. Any of the six projects that are ready for investment can be proposed to the PPP committee without waiting for a new government to form, said Prapas Kong-Ied, director-general […]
Read MoreMANILA, Philippines — The Philippines now has more room to unwind last year’s monetary policy tightening as inflation is now under check, but must carefully assess if lowering policy rates would spur growth, according to multilateral banks. The Monetary Board will convene on May 9, the day the first quarter gross domestic product (GDP) performance […]
Read MorePUTRAJAYA, April 27 ― The Asean tourism industry has a vital role in helping this region to develop the economy and drive investment, says Tourism, Arts and Culture Minister Datuk Mohamaddin Ketapi. He said the Asean tourism industry, featuring some of the fastest growing destinations in the world within easy flying distance of less than […]
Read MoreBusiness registrations continued to increase in March, boosted by the government’s tourism promotion scheme and greater investment in the government’s flagship Eastern Economic Corridor (EEC). Poonpong Naiyanapakorn, deputy director-general of the Business Development Department, said new business registrations rose by 2% year-on-year in March to 6,876. The top three sectors for new business registration in March […]
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Thailand
