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Philippines: FDI inflows plunge 37% in 9 months

MANILA, Philippines — Net inflows of foreign direct investments (FDI) declined for the seventh straight month in September as investors continued to hold off their investment plans in emerging markets, including the Philippines, until global growth outlook improves, according to the Bangko Sentral ng Pilipinas (BSP). Latest data released by the BSP showed net FDI […]

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Thailand: Eight digital trends in 2020

Eight emerging and evolving digital trends will help small and medium-sized enterprises (SMEs) in Thailand operate more efficiently and contribute more significantly to GDP and the digital economy, according to Zoho Corp, an Indian developer of web-based business tools. Gibu Mathew, vice-president and general manager for Asia-Pacific, discusses the trends. 1. Digitised economy: Phenomena such as […]

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Philippines: Water rates will go up if contract extension is canceled — Manila Water, Maynilad

MANILA, Philippines — The Philippines’ two biggest water companies said Wednesday that rates could go up should the government revoke the extension of concession deals of both utilities as the move would shorten the period that the water providers can recover their investments. President Rodrigo Duterte has berated both Manila Water Company Inc. and Maynilad […]

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Thailand: New guidelines ready to standardise laws from next year

New guidelines for franchise businesses under the Trade Competition Act are scheduled to become effective in February. The move aims to ensure good governance and standardise business practices, as well as prevent franchisers from taking advantage of small-scale franchisees. Santichai Santawanpas, commissioner of the Office of Trade Competition Commission (OTCC), said the guidelines for unfair […]

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