MANILA, Philippines — The Philippines is on its way to enjoying another banner year for foreign direct investments (FDI) this year as inflows jumped 57 percent in January amid the positive investor outlook on the country’s macroeconomic fundamentals, according to Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. Espenilla said on the sidelines of […]
Read MoreDeputy Energy and Mineral Resources Minister Arcandra Tahar has said the government’s wish to maintain low inflation is behind the plan to revise regulations related to fuel distribution and retail prices. “It is because we want to maintain [low] inflation [and ensure it] remains under control,” said Arcandra in Jakarta on Monday as reported by kompas.com, after […]
Read MoreKUALA LUMPUR: The Malaysian capital market’s prospects look promising in the second half of 2018 (H2’18) as uncertainties in the market are expected to ease gradually, according to RHB Investment Bank CEO Robert Huray. He said the retail participation of local investors have continued to improve, amid the market volatility and uncertainties over the last […]
Read MoreSmall and medium enterprises (SME) are set to enjoy easier access to finance thanks to a new financial cooperation scheme between Laos and China. Under the scheme, Lao SMEs can access low-interest loans from a total pot of more than 2,487 billion kip (US$300 million), Chinese ambassador to Laos Wang Wentian told Lao and Chinese […]
Read MoreCambodia’s economic outlook remains positive and the economy is forecast to grow at a robust 7 percent this year and next year, according to a report released by the Asian Development Bank on Wednesday. Growth in exports, strong foreign direct investment, growing tourist arrivals and increasing domestic demand should promote strong growth for the next […]
Read MoreState-owned Myanma Petrochemical Enterprise (MPE) is planning to build a new oil refinery near an existing state-run facility in Magwe Region, Daw Yin Yin Aung, deputy director of MPE, told The Myanmar Times. The government intends for the project to be implemented in cooperation with the private sector under a Public Private Partnership, in line with […]
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Thailand
