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Philippines: Vehicle imports skid last year

MANILA, Philippines — While car importers ended 2018 with a 17 percent drop in sales, the group is upbeat on seeing a recovery this year.  In a statement yesterday, the Association of Vehicle Importers and Distributors Inc. (AVID) said their combined sales reached 88,700 units last year, down from 106,285 units in 2017. Total sales […]

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Cambodia: Solar sector increasingly attractive: Minister

With the Kingdom’s largest solar energy project due to come online this year in Kampong Speu province, the local solar sector is luring an increasing number of investors every year, the Minister of Mines and Energy said. Minister Suy Sem yesterday said that Kampong Speu’s 60-megawatt solar farm, being built with an investment of $60 million, will be […]

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Foreign investors prefer Vietnamese private enterprises

The Hanoitimes – IPOs of private companies in Vietnam performed well because there was more transparency in the process, management meetings, prospectus and book-building process. The market has experienced significant success in initial public offerings (IPO) of private enterprises over the past year, with some notable deals belonging to Vincom Retail, Vinhomes JSC and Techcombank. Vincom […]

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Philippines: Government offers financing assistance to potential Hanjin investor

MANILA, Philippines — The government is ready to provide assistance should a private entity decide to invest in the embattled Hanjin Heavy Industries and Construction Philippines (HHIC), the Department of Budget and Management (DBM) said yesterday. In an interview, Budget Secretary Benjamin Diokno said the government would not simply stand by while Hanjin’s issue persists, […]

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Thailand: Highest plot price rises in 3 provinces

Land prices in Samut Sakhon, Nakhon Pathom and Nonthaburi saw the highest increases last year among the top five locations in Greater Bangkok, with developers shifting to low-rise development from condos.  Phattarachai Taweewong, senior manager of property consultancy Colliers International Thailand’s research department, said residential developers are diversifying to single detached houses, semi-detached houses and townhouses (low-rise) […]

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