MANILA, Philippines (Corrected 10:07 p.m.) — Foreign investment pledges approved by the Board of Investments (BoI) sank by more than 70% in the first half as investors abroad hold off expansion plans amid the onslaught of the coronavirus pandemic. Data from the Department of Trade and Industry (DTI) released Monday showed BOI-approved pledges by foreign businessmen sagged 73% […]
Read MoreDespite a five-year high in first-half consumer price index, Vietnam is expected to bring inflation under control this year due to feeble demand for production and consumption, as well as shrunken demand in global markets. Dang Duc Anh, vice director of the National Centre for Socio-Economic Information and Forecast (NCIF), told VIR that though the […]
Read MoreThe overall Consumer Price Index (CPI) in May 2020 has increased by 2.5 per cent year-on-year from 98.4 in May 2019 to 100.9 this year. More details in Sunday’s Borneo Bulletin. Source: https://digital.borneobulletin.com.bn/
Read MoreVietnam’s new immigration law includes a new type of visa for foreigners who come to Vietnam to conduct activities as part of international agreements Vietnam has signed. The change is expected to facilitate the implementation of new agreements that Vietnam has signed such as the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection […]
Read MoreAcross Asean, Thailand had the highest proportion of respondents prioritising technology investments in 2020, as small businesses in the region count on technology to help them overcome the impact of the Covid-19, a survey by United Overseas Bank (UOB) found. Technology was ranked the top investment priority for 2020 by two in three (64%) small […]
Read MoreHaving been criticised for its position toward China, the world’s second largest economy, from where most of its foreign debt has come for years, Cambodia is now more likely to change its foreign loan sources to boost economic growth. According to a government official, the Kingdom is looking towards other sources such as Japan, South […]
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