MANILA, Philippines — Metro Pacific Investments Corp. (MPIC) has completed its acquisition of a 49 percent stake in a water utility giant in Vietnam, marking yet another global expansion by a Philippine-based company. MPIC, the tollways and infrastructure conglomerate chaired by tycoon Manuel V. Pangilinan, through subsidiary MetroPac Water Investments Corp. (MPWC) sealed its purchase […]
Read MorePresident Joko “Jokowi” Widodo has signed Presidential Regulation No. 44/2018 on the Indonesia National Single Window (INSW), which is tasked with integrating export and import services, to boost exports. Under the regulation, the submission and the processing of data and information is managed in a single process by the INSW, according to a statement published on the […]
Read MoreHANOI: Vietnamese lawmakers approved a controversial cybersecurity law on June 12, voting amid tight security following weekend protests over other legislation that turned violent in some parts of the communist country. The law, approved by 91% of attending lawmakers, would require Facebook, Google and other global technology firms to store locally “important” personal data on users […]
Read MoreKUALA LUMPUR: Malaysia’s natural rubber (NR) production declined by 22.7 per cent to 35,845 tonnes in April 2018 from 46,381 tonnes in March, said the Department of Statistics (DoS). The production also decreased by 27.1 per cent year-on-year, it said in a statement today. Month-on-month (m-o-m), the average price of latex concentrate fell 5.5 per […]
Read MoreRETAIL sales continued its lacklustre streak in April, ticking up marginally by 0.4 per cent compared to a year ago, dragged down by a sharp dip in computer and telecommunications equipment. This followed March’s 1.1 per cent drop in retail sales. Excluding motor vehicle sales, retail takings inched up 0.7 per cent in April, according […]
Read MoreMANILA, Philippines — The peso retreated yesterday, closing to its lowest in almost 12 years at 52.95 to $1 due to uncertainties caused by the recent developments in the G7 meeting, analysts said. The local currency weakened by 25 centavos from last Friday’s close of 52.70 to $1. This was the lowest since the peso […]
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Thailand
