Thailand’s regulations requiring foreign businesses to be majority owned by a Thai partner and filing legal documents in Thai language may hamper foreign investment in the country, says multinational professional services firm TMF Group. The country is rated the 42nd most complex jurisdiction for businesses globally and the eighth most complex in Asia-Pacific, according to […]
Read MoreThe Hanoitimes – Japan considers Vietnam one of the most favorable investment destinations in Asia, said Japanese Ambassador to Vietnam Yamada Takio. The fact that more and more major Japanese corporations are eyeing Vietnam as an attractive investment destination could form a new wave of foreign direct investment (FDI) from Japan to Vietnam in the coming […]
Read MoreKUALA LUMPUR: Wholesale and retail trade rose by RM17.5 billion or 26.3 per cent month-on-month (m-o-m) to RM84.4 billion in May 2020 compared to April 2020. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said this was due to the reopening of almost all economic sectors and business activities starting May 4, under the Conditional […]
Read MoreThe Kingdom’s new investment law is expected to be online soon because the draft law is already 95 percent complete, according to an official from the Ministry of Economy and Finance (MEF). Phan Phalla, the MEF’s secretary of state, said at a news conference on Government Measures in Response to the Impact of COVID-19 at […]
Read MoreMANILA, Philippines — The Philippine peso so far continues to show immunity from the coronavirus economic fallout, outperforming other Asian currencies as the country’s dollar reserves rise, the chief economist of the finance department said on Thursday. In an economic bulletin, Finance Undersecretary Gil Beltran said the local unit appreciated by 2.21% against the US […]
Read MoreAs buyer sentiment continues to fall, developers should price their new launches competitively as neighbouring areas still have unsold ready-to-transfer supply. Phattarachai Taweewong, associate director of research and communications at property consultant Colliers International Thailand, said there was no light at the end of the tunnel for the global and domestic economy. With a poor […]
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