031121commuter05_2022-03-21_18-40-29
Read More

Philippines: Duterte signs law allowing full foreign ownership of key sectors like telcos

MANILA, Philippines — President Rodrigo Duterte on Monday signed into law the Public Service Act, which would ease restrictions on foreign investments in key industries. The law amended the 85-year-old Commonwealth Act 146, known as the Public Service Act. The changes would open industries that foreigners were once limited to own or invest in — such as telecommunications, airlines, and railways […]

Read More
cam01
Read More

Cambodia: Garment sector development strategy launched

The Ministry of Economy and Finance has officially launched the “Cambodia Garment, Footwear and Travel Goods [GTF] Sector Development Strategy 2022-2027”, with which it hopes to set common development goals, establish independence and develop the sustainability and inclusiveness of the sector. At the meeting introducing and formally implementing the strategy, finance ministry secretary of state […]

Read More
logo
Read More

Philippine labor market participation drops in January

MANILA, Philippines — A local research group has expressed concern over the drop in labor force participation in January, made worse by fuel price hikes and the measly assistance given by the government. Citing data from the Philippine Statistics Authority (PSA), IBON Foundation said the number of labor force participants fell by 3.6 million to 45.9 […]

Read More
c1_2282343_220321062039
Read More

Thailand: MPC expected to keep policy rate at 0.5%

The Bank of Thailand’s Monetary Policy Committee (MPC) is expected to keep its policy rate at the historically low level of 0.5% throughout this year to maintain economic momentum, according to economists. The US Federal Reserve is projected to raise its policy rate multiple times throughout this year. Last week the Fed hiked its benchmark […]

Read More
real-estate-on-course-for-foreign-funding-elevation
Read More

Vietnam: Real estate on course for foreign funding elevation

This year could see abundant cash flow in real estate, particularly from foreign funders, professional investment funds, and individual investors. Kenneth Gaw, president and co-founder of Gaw Capital Partners based in Hong Kong, stressed that Vietnam’s upcoming property activity, especially the industrial property evolution, will be the foundation for attracting additional overseas investment. “Given Vietnam’s […]

Read More

Contact Us

Flag Counter