MANILA, Philippines — Further easing restrictions on foreign investments after the recent signing of the 11th Foreign Investment Negative List (FINL) would fall largely on Congress through the amendments of laws that cap foreign equity in viable industries, the National Economic and Development Authority (NEDA) said. Socioeconomic Planning Secretary Ernesto Pernia said a lot still […]
Read MoreTEMPO.CO, Jakarta – Director General of Land Transportation Budi Setyadi said the Ministry of Transportation will finalize the online taxi regulation this month and will be ratified on November 20. The regulation will replace the Ministerial Regulation No. 108 of 2017 regarding online transportation. It also regulates the rates and other aspects, such as safety, security, and comfort. In […]
Read MoreBank Indonesia deputy governor Dody Budi Waluyo has said that Indonesia cannot avoid pursuing a high interest rate policy as central banks of other countries were also raising interest rates. “The risk that is our main focus is exports. The next is that our peers are tending to impose higher interest rates,” he said in […]
Read MoreHANOI: Vietnam plans to lift some limits on the foreign ownership of listed companies, the country’s stock market regulator said on Wednesday, in a move analysts said could boost overseas interest in one of Asia’s fastest-growing economies. A draft securities law presented by Vietnam’s Finance Ministry at a forum held in Hanoi on Wednesday would […]
Read MoreThe Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is sticking to its GDP growth forecast of 4.4 to 4.8 per cent despite a difficult third quarter, insisting the setbacks are only temporary. “Despite economic setbacks in the third quarter of this year, we expect the annual GDP and exports for 2018 to grow […]
Read MoreA RECENT study conducted by WBR indicates that the service industry is at an inflection point. Over the next 24 months, technology will drive digital transformation in many companies striving to improve and predict revenue streams while also improving operational efficiency. The study shows that nearly three quarters of respondents provide service on equipment that […]
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Thailand
