The State Railway of Thailand (SRT) has reported a total investment of Bt213.1 billion from year 2015 till now, SRT’s acting governor Warawut Mala said yesterday. The investments included Bt24.72 billion for a double rail system from Lopburi to Pak Nam Pho in Nakhonsawan province, followed by Bt85.34 billion on a rail route from Denchai […]
Read MoreThe government has started its first meeting with state-owned energy holding company Pertamina to discuss a formula that will determine the price of Premium, Indonesia’s subsidized and cheapest type of gasoline. Deputy Energy and Mineral Resources Minister Arcandra Tahar said the new formula to determine the price would consider the cost structure. “Once the discussion in our ministry is completed, we […]
Read MoreThe Indonesian Chamber of Commerce and Industry (Kadin) has called on the government to delay the issuance of a regulation that would allow foreign investors to own 100 percent shares of their business units in the country. “There are some points that should be the government’s attention, particularly those related to the negative investment list […]
Read MoreThe Hanoitimes – Nearly 90 percent of investors said that the hottest Southeast Asian investment destination outside of Singapore in 2018-2019 will be Vietnam and Indonesia. Though Singapore has long ruled the region’s booming venture capital and private equity investment market, new players, including Vietnam, are emerging and could take its crown. According to a recent […]
Read MoreThai exports bounced back in October, boosted by higher shipments of fuel, gold, petrochemicals and agricultural products after September’s surprise decline of 5.2% year-on-year, the first dip in 19 months. The Commerce Ministry reported yesterday that customs-cleared exports rose 8.7% year-on-year in October, fetching US$21.75 billion. Export value for the first 10 months expanded favourably at […]
Read MoreAs Myanmar awaits its validation result of Extractive Industries Transparency Initiative (EITI), the government has been criticised for not making progress in reforming the industries and state-owned enterprises. Myanmar became an EITI member country in 2013 and is now going through its first round of validation process against the EITI Standard 2016, the objectives are […]
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Thailand
