The Hanoitimes – There are immense opportunities for partnerships between South Korean and Vietnamese firms, especially as the former are seeking opportunities to expand in the region. High growth potentials of the Vietnamese market has urged South Korean investors to make more merger and acquisition (M&A) deals with local firms to optimize business opportunities. South Korean […]
Read MoreKUALA LUMPUR: The current re-negotiations on the East Coast Rail Link (ECRL) may see its construction price pegged at RM50mil to RM60mil per km as well as a commitment by the Chinese government to buy Malaysian palm oil and bring in projects, according to sources. This means that the construction of the 688-km long ECRL, suspended last July […]
Read MoreThe Transportation Ministry issued on March 29 new regulations on airfare, namely Transportation Ministerial Regulation No. 20/2019 and Transportation Ministerial Decree No.72/2019, to regulate airline ticket prices for economy class services of commercial airlines. The ministry expects the new regulation to protect consumer purchasing power, allowing passengers to enjoy airlines services. The regulation is also expected to end the debate […]
Read MoreMANILA, Philippines — Inflation may fall below three percent in April and remain within this level for the rest of the year, increasing the probability that the Bangko Sentral ng Pilipinas (BSP) may cut interest rates soon, according to London-based Capital Economics. In a research note issued over the weekend, the macroeconomy research firm said […]
Read MoreGovernors of the central banks of four Southeast Asian nations signed letters of intent on Friday outlining a framework for local-currency settlements. Governors of the central banks of four Southeast Asian nations signed letters of intent on Friday outlining a framework for local-currency settlements. At the Asean Finance Ministers and Central Bank Governors Meeting in […]
Read MoreThe Bank of Thailand and the Bank of Laos PDR have signed a memorandum of understanding (MOU) on cooperation in the areas of financial innovation and payments systems in Chiang Rai yesterday after the meeting of the 5th Asean Finance Ministers’ and Central Governors’ Meeting and related meetings in Chiang Rai yesterday. Veerathai Santiprabhob, governor […]
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