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Thailand: Govt to open one-stop fishery centres

The Labour Ministry will open special one-stop registration centres for fishery workers from neighbouring countries between Dec 3 and Jan 31.  The centres will also enable migrant workers who had previously registered but failed to renew their permits to re-register to legitimately work in the country, said Labour Minister Adul Sangsingkeo.  “Migrant workers who register […]

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Vietnam’s Sabeco removes cap on foreign ownership

The Hanoitimes – The move would open up the company to further investments from foreign investors. Vietnam’s largest brewer Saigon Beer Alcohol Beverage Corp. (Sabeco) on November 12 announced that it has removed the limit on foreign ownership.  On October 30, Sabeco’s board of directors adopted a resolution approving the unrestricted foreign ownership percentage in the […]

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Getting richer, more Indonesians shift to premium rice

Following the consumption trend of middle-income consumers, rice producers have started to distribute more premium rice instead of medium-quality rice, a report submitted to the Indonesia Stock Exchange (IDX) says. The report from rice producer PT Buyung Poetra Sembada (HOKI) shows that the company’s revenue increased 17.78 percent from January to September to Rp 1.06 trillion (US$72.14 million), compared to […]

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Brunei GDP declines 2.8% in Q2 2018

Decreases in liquefied natural gas (LNG), methanol and oil production have lead to Brunei’s Gross Domestic Product (GDP) shrinking by 2.8% to BND 4.581 billion in the second quarter (Q2) of 2018. According to statistics released by the Department of Economic Planning and Development (JPKE) yesterday, this is the first decline in GDP since the first quarter […]

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