MANILA, Philippines — The Philippines is leading in installing renewable energy developments in the Southeast Asian region and can still expand the presence of renewable energy footprint by targeting off-grid areas, according to the latest report of Capgemini, a French multinational professional services and business consulting firm. Based on Capgemini’s latest World Energy Market Observatory report, […]
Read MoreA melting pot of diverse cultures and home to a rich bounty of resources, Asean has grown into a large and attractive destination for foreign investment in the five decades since its founding in 1967. While it is now the world’s seventh largest economy with a collective gross domestic product of US$2.3 trillion, Asean still […]
Read MoreIn a bid to industrialise and further develop Myanmar’s agriculture sector, the Ministry of Commerce will permit foreign joint ventures operating in the country to import and sell agri-related machinery. The move will also help to modernise the local agri-products manufacturing sector by raising productivity and longer term cost-efficiency. The companies are permitted to sell […]
Read MoreHANOI — Fifteen Vietnamese banks have recently been named in The Asian Bankers’ AB500 ranking and survey of Asia Pacific’s strongest banks. The banks include Vietcombank, BIDV, VietinBank and Techcombank, as well as MB, LienVietPostBank, ACB and VPBank, in addition to HDBank, TP Bank, SHB, VIB, SeABank, Sacombank and PVcomBank. The Asian Banker annually releases […]
Read MoreMANILA, Philippines — The government incurred a fiscal deficit of P234.9 billion in the first 10 months, widening by nine percent from the P216 billion shortfall recorded in the same period last year amid the Duterte administration’s efforts to ramp up public spending, the Bureau of the Treasury reported yesterday. For October alone, the government’s […]
Read MoreSINGAPORE’S factory production delivered another impressive performance for the month of October, shrugging off a steep decline in biomedical output. The Economic Development Board on Friday reported that the overall manufacturing output grew 14.6 per cent in October, slightly missing economist estimates of 16 per cent. September’s industrial output was revised lower to 14.4 per […]
Read More
Thailand
