MANILA, Philippines – The net inflow of foreign direct investments (FDI) into the Philippines rose 17 percent to $1.56 billion in the first quarter from $1.34 billion in the same period last year as the country continues to enjoy strong macroeconomic fundamentals, according to the Bangko Sentral ng Pilipinas (BSP). “The sustained FDI inflows reflect […]
Read MoreHA NOI — The steel industry is predicted to grow by 12-15 per cent in the next five years, the Vietnam Steel Association (VSA) reported at a June 12 workshop in HCM City. Cast iron output is forecast to increase 80 per cent to reach 4.5 million tonnes, while steel billets will jump 47.2 per […]
Read MoreTHE Philippines recorded a net inflow of $509 million in foreign direct investment (FDI) in March, resurging from the level in February when the net inflow hit an eight-month low, central bank data showed on Tuesday. The net inflow in March rose by 39 percent from $366 million in February and by 30.6 percent from […]
Read MoreA white book published by European businesses has hit out at Myanmar’s protectionist tendencies blocking or stalling liberalisation and cited tax inefficiencies as one of the top concerns among investors. The European Chamber of Commerce Myanmar (EuroCham) published a white book, an annual publication identifying the year’s salient business, trade and investment issues affecting European […]
Read MoreThe Treasury Department is set to cut rental fees for land in special economic zones (SEZs) as a way to draw private investment, the department’s new chief says. The plan is to relax some conditions for developing state land for SEZs in the next round of auctions, Patchara Anuntasilpa said in his first interview with […]
Read MoreA white book published by European businesses has hit out at Myanmar’s protectionist tendencies blocking or stalling liberalisation and cited tax inefficiencies as one of the top concerns among investors. The European Chamber of Commerce Myanmar (EuroCham) published a white book, an annual publication identifying the year’s salient business, trade and investment issues affecting European […]
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