MANILA, Philippines — Dollars sent home by expatriate Filipinos are expected to grow at a faster rate of six percent, from the original forecast of four percent this year, amid the continued reopening of economies hosting overseas Filipino workers (OFWs), according to the Bangko Sentral ng Pilipinas (BSP). Zeno Ronald Abenoja, managing director of the BSP’s […]
Read MoreKUALA LUMPUR (Sept 20): Malaysia remains an attractive investment destination but political stability needed for economic growth and investment, according to the recently concluded ASEAN Business Advisory Council (ASEAN-BAC) consultation meeting in Malaysia with business associations representing US businesses to discuss Malaysia’s efforts in attracting foreign direct investment (FDI) from the United States and its […]
Read MoreMany foreign-invested enterprises tend to bring their own workers to Vietnam for work, particularly for management positions, due to the high requirements for qualifications, expertise and skills, especially differences in language and culture. Many foreign-invested enterprises tend to bring their own workers to Vietnam for work, particularly for management positions, due to the high requirements […]
Read MoreThe listed company Sihanoukville Autonomous port has rescheduled its construction plans for the deep water port terminal to mid-2022, with construction set to take three years. The construction was previously set to break ground in mid-2021. “The construction is set to take place in mid-2022 due to the changes to the layout of the deep […]
Read MoreSCG Packaging Plc (SCGP) on Monday announced an 11.8 billion baht expansion in its packaging paper business in Vietnam, anticipating growth in demand. A new facility will be built in Vinh Phuc province in northern Vietnam, to begin operations in early 2024 and produce 870,000 tonnes of packaging paper per year, up from 500,000, SCGP said […]
Read MoreThe Finance Ministry may propose on Monday raising the ceiling of the public debt-to-GDP ratio to 70% from 60%, says a ministry source who requested anonymity. The proposal is to a committee overseeing fiscal discipline. Raising the ceiling to 70% would allow Thailand to borrow an additional 2 trillion baht, the source said. The committee, […]
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