Foreign investors

The Bank of Thailand on June 5 loosened a set of foreign exchange regulations, including allowing Thais to invest directly in securities abroad at an amount of up to $1 million a year, in a fresh bid to accommodate capital outflows, curb the appreciating baht (which ...

Government officials urged businesses to achieve sustainable development goals and come up with practical plans at a seminar about environmental protection held on June 5 in Vũng Tàu City. Hosted by the Ministry of Natural Resources and Environment and the Việt Nam Chamber of Commerce and ...

Long-term growth prospects for developing economies, including Cambodia, will continue to be undermined by a lack of investment as well as the risk of increased protectionist policies by the United States, which could hamper the growth of commodity-driven economies, according to a new report released ...

Steelmaker Hòa Phát Group (HPG) plans to issue over 250 million shares to raise capital for investment in the second phase of Hoà Phát Dung Quất iron and steel production complex. HPG will sell those shares at a price of VNĐ20,000 (US$0.8) per share, expecting ...

Infrastructure development under the Build-Operate-Transfer (BOT) model is taking shape in Laos as the government requires huge capital investment to improve road networks and other facilities. Lao economists have supported the initiative, saying that with the government’s limited funding, it’s critical to encourage the involvement ...

Zhejiang Geely Holding Group’s acquisition of a 49.9% stake in Malaysian automaker Proton Holdings from DRB-Hicom is unlikely to trigger an immediate change in the Southeast Asian market overall. Japanese automakers, particularly Toyota Motor, hold overwhelming shares in the region. South Korean automakers have been ...

The Nikkei Thailand Manufacturing Purchasing Managers’ Index, or PMI, fell marginally to 49.7 in May from 49.8 in April. A reading above 50 indicates economic expansion, while one below 50 points toward contraction. May’s data marked the second consecutive month of contraction. “Latest survey data ...

General Electric Co said on May 31 it had signed deals in Vietnam worth about $5.58 billion for power generation, aircraft engines and services, its largest single combined sale with the country in GE’s history. The agreements came as Vietnamese Prime Minister Nguyen Xuan Phuc was on a ...

U.S. President Donald Trump discussed trade with Vietnamese Prime Minister Nguyen Xuan Phuc during a White House visit on May 31 and welcomed the signing of business deals worth billions of dollars and the jobs they would bring. General Electric Co said earlier it had signed ...

The Nikkei Vietnam Manufacturing Purchasing Managers’ Index, or PMI, fell to a 14-month low of 51.6 in May from 54.1 in April. A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction. “Output and new orders each rose at much ...