Coca-Cola Co is planning to invest an additional $285 million in Vietnam, state media reported, quoting the company’s general director for the country. The beverage maker’s decision highlights its interest in the Vietnam market and may put pressure on its competitors. With this investment, Coca-Cola’s total investment in the country will reach $1 billion. Coca-Cola […]
Read MoreKUALA LUMPUR: Malaysia’s services exports should rise by an average of 8% annually over the next 15 years, with tourism continuing to contribute over a third of its overall growth. HSBC Bank Malaysia Bhd’s head of commercial banking, Andrew Sill, said India was forecast to be the fastest-growing destination for Malaysian services exports, with average […]
Read MoreThai furniture exports are set to continue growing this year on strong demand from the US, Japan, Asean and the Middle East. Deputy Commerce Minister Sontirat Sontijirawong said the ministry expects furniture exports to grow by 5% this year after a rise of 4.1% to UScopy.09 billion (38.4 billion baht) in 2016. The strong export […]
Read MoreTEMPO.CO, Jakarta – Arland Suruan, a representative for the Care for Freeport Solidarity Movement said that Freeport Indonesia is the only company that provides great contributions in the development of the Papua people. “[Freeport] is the only foreign company in Indonesia that provides great contribution to the Papuan people,” Arland said on Thursday, March 9, 2017. […]
Read MoreMajor global companies have started investing more in research and development (R&D) in Thailand, drawn by government policies to support investors, according to the Board of Investment (BoI). Secretary-general Hirunya Suchinai said investment in R&D has reached 2.5 billion baht so far this year from the 17 projects approved by the BoI. She said the […]
Read MoreMANILA, Philippines – Consumer prices grew at their fastest pace in more than two years in February, but still within the range the Bangko Sentral ng Pilipinas had expected. The Philippine Statistics Agency (PSA) reported yesterday that annual inflation stood at 3.3 percent in February, faster than the 2.7 percent reading in January. BSP Governor […]
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