MANILA, Philippines — The Asian Development Bank (ADB) has trimmed anew its growth forecast for the Philippines this year due to the dismal economic output in the first quarter. In a supplement to its Asian Development Outlook for this year, the Manila-based multilateral bank lowered its economic growth forecast for the Philippines to 6.2 percent […]
Read MoreThe current vacancy rate in the retail sector is the lowest seen in the last decade, standing at around 7.9 percent, according to CBRE’s latest report. For in depth analysis of Cambodian Business, visit Capital Cambodia The current rate is a significant drop from 2009 when it was at 15 percent, CBRE said. The vacancy rate […]
Read MoreThe Indonesian Petroleum Association (IPA) welcomes the government’s plan to revise Energy and Mineral Resources Ministerial Decree No.27/2006 to allow investors to access Indonesia’s oil and gas data for free. “We have waited for the open data policy for a long time. If it is executed, it can help investors to assess prospective areas for […]
Read MoreThe Hanoitimes – The US$24.5-million plant is expected to commence production of polyvinyl chloride (PVC) gloves production mid-2020, with an estimated capacity of four billion gloves a year. Malaysia’s Top Glove will open its first Vietnam factory next year as the world’s largest glove maker boosts production to meet a surge in demand for hygienic […]
Read MorePETALING JAYA: Significant capacity expansions by casinos in the region have resulted in intensifying competition for Genting Malaysia Bhd ’s casino business, particularly in its mass and premium-mass segment. Affin Hwang Capital Research said casinos in Cambodia, Philippines and Vietnam have recently expanded their capacities, emerging as Genting Malaysia’s “biggest competition threat” in the two segments. It […]
Read MoreLicenses for importing some of the over 4,000 products into the country will be done away with as part of the move to facilitate trade and ensure Myanmar adheres to international trade regulations. Ministry of Commerce assistant secretary U Khin Maung Lwin said import licenses will be done away with in a move to facilitate […]
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Thailand
