Myanmar: Myanmar foreign investment drops as democracy transition brings caution Saturday, 13 August 2016 – Myanmar’s democratic transition instilled caution in investors, with foreign direct investment during the first four months of the government led by democracy champion Aung San Suu Kyi dropping sharply from a year ago, government data show. Foreign companies invested US$380 million […]
Read MoreIndonesia: Indonesian president approves plans to form state holding companies: minister Saturday, 13 August 2016 – Indonesia’s president Joko Widodo has approved plans to create holding companies for state firms in oil, mining, financial services and food sectors, State-Owned Enterprise minister Rini Soemarno told reporters on Friday. “The president hopes the future industrial development will […]
Read MoreBrunei: Record keeping can help SMEs attract investors, expand operations FRIDAY, AUGUST 12, 2016 – PROPER record keeping can help local entrepreneurs attract foreign investors and expand their business overseas. Siti Nur Quthairah Shah Johan, a finance officer from the Ministry of Finance (MoF), said maintaining and keeping proper records of transactions will show potential […]
Read MoreThailand: Post-Brexit offshore fund inflows to strengthen the baht Friday, 12 Aug 2016 – Kasikornbank (KBank) has revised upward its year-end forecast for the baht to 35.50 against the US dollar from the prior 36.20, citing a wave of offshore fund inflows in the wake of Brexit. Britain’s vote to leave the EU and the […]
Read MoreThailand:Bad loans ready to peak Friday, 12 Aug 2016 – The surge in bad loans is expected to peak in the third quarter and take a bite out of commercial banks’ quarterly earnings, says a senior central bank official. Non-performing loans (NPLs) associated with small and medium-sized enterprises (SMEs) and housing are expected to rise […]
Read MoreVietnam: Credit rises 8.54% by July 29 Friday, 12 August 2016 – Credit rose 8.54 per cent by July 29 against late last year while mobilised capital surged 9.94 per cent, the State Bank of Vi?t Nam reported yesterday. At a meeting held in Hà N?i yesterday to review banking operations in H1 and outline […]
Read More
Thailand
