Jakarta. Indonesia’s foreign direct investment (FDI) could go up to 1.4 percent of its gross domestic product, or GDP, in 2025, according to a recent report by the World Bank. The World Bank attributed this uptick to the job creation law and the government’s industrial downstreaming strategy of processing raw minerals at home for greater added value. […]
Read MoreThe second largest pharmacy firm coveted by many foreign investors is planning a big dividend payment campaign. Pharmacy shares are favored by long-term investors. Pharmaceutical Corporation Ha Tay, or Hataphar (DHT) has fixed the ex-dividend date with the rate of 180 percent, which means that investors will receive 180 shares for every 100 shares they […]
Read MorePrime Minister Hun Sen said on Sunday that Cambodia’s economy has been forecasted to grow 6.6 percent in 2024 after it is most likely that the country will achieve 5.6 percent this year even as garment and footwear industries have grown slightly slower than expected, which has been off-set by the growth of non-garment manufacturing […]
Read MoreThe Thai economy is suffering from widening inequality, with the proportion of poor people still hovering at 6-8% of the total, particularly in the agricultural sector. The latest study conducted by the Trade Policy and Strategy Office (TPSO), the Commerce Ministry’s planning unit, also found factors such as the transition to a digital economy, an ageing […]
Read MoreMANILA, Philippines — Collections from the proposed junk food tax and higher levies on sweetened drinks should be used to support the research and development and production of cheaper nutritious food and food supplements, according to a business group. In a Viber message over the weekend, Management Association of the Philippines (MAP)-president Benedicta Du-Baladad expressed […]
Read MoreDespite a decline in global investment flows, Vietnam remained an attractive destination for foreign companies, especially large-scale enterprises, experts have said. Over the past five months of this year, foreign investment registered in the country reached nearly 10.86 billion USD, up 10.6% month-on-month, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA). […]
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