Thai Beverage Pcl is poised to take a majority stake in Saigon Beer Alcohol Beverage Corp valued at 156 billion baht, after an auction for Vietnam’s larger brewer attracted no other major bidders. Vietnam Beverage, ThaiBev’s domestic unit, registered to bid for 343.662 million or a 53.59% stake in Sabeco, as Vietnam’s largest brewer is […]
Read MoreTHE new year may not necessarily spell out cheery new beginnings for retailers as retail businesses in Penang continue to face lukewarm prospects. Consumer confidence is expected to stay soft while uncertainties in the global economy persist. This is, nonetheless, in line with trends of the Consumer Sentiments Index found in Malaysian Institute of Economic […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) expects sustained growth in foreign direct investment (FDI) inflows as well as lower net outflow of foreign portfolio investments next year amid the country’s strong macroeconomic fundamentals and the ramp up of infrastructure investments. Zeno Ronald Abenoja, director of the BSP’s Department of Economic Research, said […]
Read MoreWhile Cambodia remains a largely cash-based society, the market for financial technology has begun to expand through online payment services and mobile e-wallets like Pi Pay. The Post’s Robin Spiess sat down with Pi Pay CEO Tomas Pokorny to discuss the future of economic digitisation in the Kingdom. Pi Pay has been in beta testing for about six […]
Read MoreThe state lost more than 480 billion kip through corruption over the past five years, and this directly affected national development and poverty reduction efforts in Laos, the State Inspection Authority (SIA) has said. The SIA uncovered the misappropriation in different sectors due to officials taking bribes and abusing power for their personal gain as […]
Read MoreTHOUGH recent surveys have stressed a drastic decline of investor confidence in Myanmar, the government still believes it is on the right track given the recent enactment of long-awaited new companies law. Aung Naing Oo, director general at the Directorate of Investment and Company Administration (DICA) and secretary of Myanmar Investment Commission, said the law […]
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Thailand
