MANILA, Philippines – The Philippine Economic Zone Authority (PEZA) expects approved investments this year to at least triple to P654.54 billion due to heightened foreign investor interest in the country, its top official said yesterday. With bullish investor sentiment, PEZA director general Charito Plaza said investment approvals by the agency may even quadruple to P872.72 […]
Read MorePETALING JAYA: Malaysia’s consumer price index (CPI) measuring headline inflation rose a lower than expected 3.9% in May compared to a year ago as fuel prices fell. Economists had expected a 4.1% rise in the CPI, which includes volatile food and fuel prices. Core inflation, which excludes food and fuel, rose 2.6%. The CPI rose […]
Read MoreDebts owed to loan sharks by registrants in the government’s subsidy and welfare scheme for poverty have declined by 20 billion baht this year, thanks to the government’s efforts to tackle the problem, says the head of the Fiscal Policy Office (FPO). Krisada Chinavicharana, director-general of the FPO, said the 14.1 million people who registered […]
Read MoreOn June 12, the National Assembly passed the Law on Support for Small- and Medium-sized Enterprises (SMEs). The much-awaited law, which will take effect from January 1, 2018, can outperform earlier support initiatives, Deputy Planning and Investment Minister Dang Huy Dong tells Đau Tu (Vietnam Investment Review). The Law on Support for Small- and Medium-sized Enterprises […]
Read MoreThe Lao side highly values the relations and cooperation between Laos and Cambodia, President of the National Assembly (NA), MsPanyYathotou told her visiting Cambodian counterpart HengSamrin in their meeting yesterday in the capital. MrHengSamrin is paying an official goodwill visit to Laos from June 21-23 in response to an invitation from MsPany. In their meeting […]
Read MoreMANILA, Philippines – The peso continued to lose steam, shedding another 19 centavos yesterday to hit its lowest level in almost three months as investors shifted their funds to safe havens due to the decision of the US Fed to return its interest rate policy to normal. The local currency closed at 50.29 to $1 […]
Read More
Thailand
