MANILA, Philippines – Foreign direct investment (FDI) inflows recorded a double-digit growth of 13.2 percent in January as investors remained optimistic on the growth potential of the Philippines, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. Net FDI inflows reached $685 million in January, $80 million higher than the $605 million booked in the same […]
Read MorePutting the government’s performance into perspective. Interview with Peter Beynon from the British Chamber. MANY in the business community have expressed disappointment over the new civilian-led government’s first year of office. But how does the pace of change in Myanmar compare to her neighbours? Chair of British Chamber of Commerce Myanmar Peter Beynon told The […]
Read MoreTens of thousands of enterprise-sized small businesses in Vietnam remain reluctant to upgrade their business status for fear of being caught up in red tape and subject to unfavorable tax conditions. Most of these so-called ‘household businesses’ currently pay less than a few million VND per month in poll taxes, despite earning significant revenues. [VND1 […]
Read MoreMANILA, Philippines – Investment pledges approved by the Board of Investments (BOI) climbed by 10 percent in the first quarter on the back of slew of a new construction and manufacturing projects in the country. The value of the investment commitments reached P67.97 billion from January to March, up 10 percent from P61.94 billion in […]
Read MoreTEMPO.CO, Jakarta – The government is planning to increase the use of new renewable energy for electricity by 2025. The Electricity Provision Business Plan (RUPTL) 2017-2026 signed in March says that the uptake of new renewable energy will be increased from 19.6 percent to 22.6 percent by 2025. The government will optimize local energy sources […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production index (IPI) rose 4.7% in February from a year ago, underpinned by the manufacturing sector, but the growth was below a Bloomberg forecast of a 6.1% growth. The Statistics Department said on Tuesday the growth in February 2017 was driven by positive expansion in manufacturing (6.5%), mining (0.4%) and electricity […]
Read More
Thailand
