MANILA, Philippines — Remittances from overseas Filipino workers continued to grow in November last year, bringing the 11-month tally 5.1 percent higher at $28.24 billion from the year-ago level of $26.88 billion, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. BSP Governor Nestor Espenilla Jr. said personal remittances from overseas Filipinos (OFs) rose 3.2 percent […]
Read MoreHCM CITY — Vietnam has become an ideal location to start a business, not only for young overseas Vietnamese people but also for expats thanks to the country’s strong economic growth in recent years. Vietnam has had many programmes that have helped create a dynamic startup ecosystem by facilitating a wide range of supporting activities, […]
Read MorePAYMENT performance of local firms improved from an all-time low in 2016, with the annual average proportion of prompt payments rising from 43.77 per cent to 48.40 per cent in 2017. According to the Singapore Commercial Credit Bureau (SCCB), the annual average proportion of slow payments fell by five percentage points from 44.71 per cent […]
Read MoreWITH ITS INITIAL success constructing the Bt150 billion Xayaburi Hydroelectric Power Project in Laos, CK Power Plc is negotiating with the Laos government to build another hydroelectric power projects worth over Bt150 billion. A final deal is expected to be signed by the middle of this year, the company’s managing director, Thanawat Trivisavet, said during […]
Read MoreThailand could crack the top 20 of the World Bank’s Ease of Doing Business ranking for 2019 after it managed to jump to 26th-most business-friendly nation in the 2018 ranking, says Prime Minister Office Minister Kobsak Pootrakool. Thailand’s scores in the World Bank’s ranking were weak in some areas, such as dealing with construction permits, […]
Read MoreThe Board of Investments (BoI) is aiming to approve P680 billion worth of investments this year, 10 percent higher than last year’s record P617 billion, a senior Trade department official said on Monday. “We are targeting P680 billion [in]investments this year. We continue to collaborate and monitor those investors who have expressed interest to invest […]
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