The Laos-China economic corridor, which the two countries have agreed to establish, will bring great benefits to both sides and the region as a whole, Chinese Ambassador to Laos Wang Wentian told Lao and Chinese media this week. The governments of the two countries signed a Memorandum of Understanding (MOU) on the creation of the […]
Read MoreMALAYSIA will not abolish interest charges imposed on credit cards used in retail shopping, Deputy Finance Minister Datuk Othman Aziz said. Abolishing interest on credit card usage does not necessarily benefit the Malaysian economy. Instead, it could encourage excessive spending and a general lack of discipline among credit card holders, he said in reply to […]
Read MorePRIVATE-SECTOR economists have flagged the threat of a global trade war as the biggest downside risk for Singapore’s economy, even as they raised their 2018 growth forecast for the second consecutive time. In the Monetary Authority of Singapore’s quarterly survey of professional forecasters, out on Wednesday, trade protectionism was the top downside risk, cited by […]
Read MoreMANILA, Philippines — The Philippines can attract more foreign direct investments (FDIs) by easing restrictions on industries relying heavily on significant technological capability, expanding incentive options by going beyond offering tax holidays, improving ease of doing business, and honoring contracts across administrations, businessman Manuel V. Pangilinan said. Pangilinan, in a speech read yesterday by MVP […]
Read MoreThe long-delayed Dawei special economic zone (SEZ) project is still moving at a glacial pace, with new development unlikely to take shape until the tripartite meeting among Thailand, Myanmar and Japan in April. Porametee Vimolsiri, secretary-general of the National Economic and Social Development Board (NESDB), said the development of the first phase of the Dawei project has […]
Read MoreThe Hanoitimes – Foreign firms invested US$3.5 million in 514 agricultural projects until February 2018, accounting for only some 1 percent of the sector’s total investment capital, reports from the Ministry of Planning and Investment (MPI) showed. According to the ministry, the foreign direct investment (FDI) capital to the agricultural sector represented only 0.5 percent and […]
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Thailand
