The Commerce Ministry is scheduled to submit to the cabinet meeting early next month a proposal to remove three service businesses from List 3 of the Foreign Business Act (FBA) to facilitate foreign investment in Thailand. Vuttikrai Leewiraphan, director-general of the Business Development Department, said the removal will not hurt Thai companies because the services will […]
Read MoreMANILA, Philippines — The recent downward adjustment made by the Philippine government in the economic growth forecast for this year is still too conservative considering the challenges faced by the economy, according to London-based Capital Economics. The Development Budget Coordination Committee (DBCC) last week lowered the country’s GDP growth forecast to a range of 6.5 […]
Read MoreThe Hanoitimes – Danish brewer Carlsberg says it has the highest hopes and expectations for the Vietnamese brewing industry and is eager to expand our long-term investment in the country. Carlsberg is keen on expanding its operations in Vietnam and wanted to invest more in Habeco after becoming a strategic investor in 2008, CEO of the […]
Read MoreThere has recently been some kerfuffle in Malaysia surrounding Oktoberfest, with multiple media reports stating that Johor and Terengganu have banned related celebrations. According to The Star, Johor’s chief minister Mentri Besar Datuk Osman Sapian said that while the state government will not clamp down on non-Muslims who wish to drink in pubs as those premises are […]
Read MoreSurabaya, E. Java, (ANTARA News) – The Governments of Indonesia and the Philippines have signed 10 agreements related to the border of the two neighboring countries. The agreements were signed at a chairman meeting of the Indonesian and Philippine Border Committee here on Wednesday night, Indonesian chief delegate to the meeting represented by Commodore Achmad […]
Read MoreMyanmar is gunning for more foreign direct investments (FDI) from East Asia in the next 20 years under its new Myanmar Investment Promotion Plan (MIPP), U Than Aung Kyaw, deputy director general of the Directorate of Investment and Company Administration (DICA) told The Myanmar Times at a book launch in Yangon on Thursday. Besides strengthening […]
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