MANILA, Philippines – Investments registered at the Philippine Economic Zone Authority (PEZA) continue to pour in, surging 71 percent in the first half of the year on the back of sustained investor confidence in the current administration, the country’s ecozone regulator said. PEZA director general Charito Plaza said investment pledges approved by the agency from […]
Read MoreThai exports for canned tuna are expected to miss their target of 80 billion baht as the stronger baht bites into the country’s competitive edge, says Chanintr Chalisarapong, president of the Thai Tuna Industry Association. Mr Chanintr said the strengthening of baht against the dollar had raised the prices of Thai products, making similar products from […]
Read MoreKUALA LUMPUR: Malaysia’s economy is expected to grow at a faster this year driven by domestic demand and strengthening exports, says the Socio-economic Research Centre Sdn Bhd (SERC). The research institution raised its 2017 gross domestic product (GDP) growth forecast for Malaysia to 5% from 4.3% previously. This compared with a GDP growth of 4.2% […]
Read MoreThe World Bank is currently supporting 43 active projects in Myanmar, Cambodia and Laos, with commitments of over US$2.7 billion as of June, according to the World Bank’s press statement. Myanmar accounts for over half of the total commitment in the three countries. 13 projects and over $2 billion are in Myanmar, with the remaining […]
Read MoreBusiness leaders on Tuesday hailed the government’s decision to invoke the powerful Section 44 of the interim charter to delay enforcement of the new controversial labour regulation law for 180 days, saying the grace period is enough for local businesses to comply with the act. On Monday Big Business praised the government for bringing in new […]
Read MoreTEMPO.CO, Jakarta – The Central Statistics Agency (BPS) chairman Suhariyanto said that foreign tourist arrivals in May 2017 hit 1.16 million. The figure was an increase compared to April 2017 or 26.66 percent compared to May 2016. “It’s an encouraging trend because the number of foreign tourists rises consistently month-over-month,” Suhariyanto told a press conference in BPS […]
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Thailand
