PETALING JAYA: Amid a global declining trend in foreign direct investment (FDI) due to weaker economic growth, Malaysia’s FDI inflows are set to buck the trend. Economists are bullish on the country’s FDI inflows this year despite the downside risks from weaker economic global growth and uncertainties that could impact the inflows. Sunway University Business […]
Read MoreMANILA: Philippine central bank Deputy Governor Diwa Guinigundo said a quick reversal of last year’s monetary tightening — either through a reduction in the amount of cash that banks must hold as reserves or a cut in key interest rates — would be “bad economic or monetary policy.” While inflation in the last two months […]
Read MoreBank of Thailand announced on Monday it had signed an agreement with the National Bank of Cambodia on cooperation in payments and financial innovation. The central banks’ governors, Veerathai Santiprabhob of Thailand and Chea Chanto of Cambodia, signed the document on February 3 in Phnom Penh. The banks’ annual meetings are aimed at strengthening cooperation […]
Read MoreChina Railway Eryuan Engineering Corporation (CREEC) has started a partial survey for the Muse-Mandalay-Kyaukphyu railway line, part of the China –Myanmar Economic Corridor (CMEC) and the larger Belt and Road Initiative (BRI). Myanmar signed a memorandum of understanding (MOU) for the project, expected to be one of the largest road and railway projects in the […]
Read MoreThe Hanoitimes – The food and beverage (F&B) industry in Vietnam will likely see a growth rate of 10.9% for the 2017-2019 period, Business Monitor International (BMI) has forecast. Foreign companies have been pouring more money into Vietnam’s food processing and drinks industry thanks to an average growth rate of 7%-9% in the 2013-2017 period. So […]
Read MoreThe Hanoitimes – With the government’s new policies, it is forecast that more foreign companies will enter the Vietnamese market to cash in on the country’s growing medicine demands. It is now easier for foreign companies to join the Vietnamese pharmaceutical market, buoyed by recently-loosened business conditions regarding drug registration and imports. The Ministry of Health […]
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