Indonesia is experiencing a weakening consumer confidence in the third quarter but now fewer people think the economy is in recession, a recent survey shows. According to Nielsen’s latest Global Consumer Confidence Survey, optimism among consumers in Southeast Asia’s largest economy went down three points from 126 percentage points (pp) in the second quarter to […]
Read MoreMANILA, Philippines — The Philippines and South Korea, which aimed to sign a free trade agreement (FTA) this month, are looking to conclude talks next year, with negotiations on a deadlock. With the leaders of the two states set to meet this week for the Association of Southeast Asian Nations (ASEAN) – Republic of Korea Commemorative Summit, […]
Read MoreMyanmar is a “potential gold mine” and the “last frontier for” investors despite its low ranking in ease of doing business, said a Singaporean investor at a business to business matchmaking event in early November. MyanmarBizConnect Group, a local business matchmaking group, the Singapore’s Association of Small and Medium Enterprises (ASME) and Malaysia’s RHB Bank […]
Read MoreThe government has set aside 70 billion baht to shore up paddy prices, as the annual harvest is scheduled to flood the market this month. Whichai Phochanakij, director-general of the Internal Trade Department, said the latest meeting of the subcommittee handling national rice policy and management chaired by Commerce Minister Jurin Laksanawisit last week approved […]
Read MoreDESPITE blue-chip counter Singtel posting its unprecedented quarterly loss, analysts were less negative about the general financial performance of Singapore-listed companies for the recent quarter. As at Nov 14, a total of 443 companies listed in Singapore had released their financial results for the July-September quarter. The number of corporates that performed poorer and those […]
Read MoreMANILA, Philippines — The Board of Investments (BOI) is undertaking a review of investment requirements under the Motor Vehicle Development Program (MVDP) as part of efforts to encourage more companies to invest in vehicle assembly operations in the country. BOI executive director Corazon Dichosa said that as part of the review of the MVDP, the agency […]
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Thailand
