JAKARTA: Indonesia, the world’s top palm oil producer, has told some retailers in Jakarta to remove food products with “palm oil-free” labels from their shops, a government official said, as it seeks to protect its key export. Palm oil is under scrutiny over environmental concerns including in the European Union. The European Commission said earlier […]
Read MoreMANILA, Philippines — Foreign portfolio investors continued to shun the Philippines as net outflows reached $671.5 million in the first seven months, reversing the net inflow of $458.55 million in the same period last year, according to the Bangko Sentral ng Pilipinas (BSP). This despite the $15.02 million net inflow recorded in July that ended […]
Read MoreIndustrial park operator Phnom Penh SEZ, a publicly listed company, yesterday released its financial results for the second quarter of the year, which show a robust increase in revenue. For in depth analysis of Cambodian Business, visit Capital Cambodia PPSEZ, which trades on the Cambodia Securities Exchange (CSX) as PPSP, achieved nearly 14 billion riel (about […]
Read MoreVIETNAM is expected to be one of the world’s fastest growing economies in 2019, and a key destination for manufacturers relocating due to trade tensions between the United States and China, UOB economists said in an Aug 20 research note. With robust domestic demand and increasing foreign direct investment (FDI), they forecast 6.7 per cent growth for […]
Read MoreLaos has won over foreign investors in the latest arbitration of an international court case involving the casino industry. The International Centre for the Settlement of Investment Disputes (ICSID) tribunal has dismissed a case lodged by Dutch firm Lao Holdings NV (LHNV) against the Lao government claiming that it breached the bilateral investment treaty between […]
Read MoreTHE policy torpor in Bangkok is over. After sitting out interest-rate cuts and growth warnings that have swept both the developed world and emerging markets for most of the year, Thai authorities are getting anxious. If this unlikely haven, which lit the fuse of the Asian crisis two decades ago, is now fretting, everyone should […]
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