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Thailand: Foreign investors profit on asset gain

Foreign investors took profits by selling Thai bonds and equities after gaining around 20% of total return, but foreign purchases are expected early next year given supportive market conditions, says the Stock Exchange of Thailand (SET). The SET index has gained 12% year-to-date and the baht has gained 8% against the dollar, prompting foreign investors […]

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Malaysia: Ringgit opens higher on rising oil prices

KUALA LUMPUR, Nov 7: The ringgit opened higher against the US dollar today on increased demand, buoyed by rising crude oil prices, said a dealer. At 9.10 am, the local unit traded at 4.2235/2265 against the greenback from 4.2300/2330 on Monday. OANDA Head of Trading Asia-Pacific Stephen Innes said despite the escalation of regional geopolitical tensions […]

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Laos: New law to promote, control technology transfer

The government has presented a draft Law on Technology Transfer to the National Assembly for approval with the hope that its promulgation will ensure coordinated management and systematic technology transfer throughout the country. Minister of Science and Technology Prof. Dr Boviengkham Vongdara represented the drafting sub-committee in introducing the draft law to the Assembly at […]

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Cambodia: Capital port signs MoU for container shipping

The Phnom Penh Autonomous Port (PPAP) announced yesterday that it recently signed a memorandum of understanding (MoU) with contractor KTC International in an effort to establish future cooperation between the two entities, according to a filing on the Cambodia Stock Exchange (CSX). As part of the MoU, the two parties will conduct a feasibility study […]

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