Investment
Investment policy and regulation
Investors sour on Southeast Asia’s growth plans
Governments in Southeast Asia in the past several weeks have accelerated plans to boost growth and prop up markets amid worries about the spillover of China’s slowdown. But investors aren’t convinced. In August and September combined, equity outflows from Malaysia, Indonesia and Thailand quickened at the ...
Made in Vietnam: Should Samsung be treated as a local company?
On the sidelines of a conference at the end of July, Samsung Vietnam CEO Myoung-Sup Han told the press that his company hopes to be treated as a local business soon, instead of a foreign investor. He said every year Samsung makes huge contributions to Vietnam’s ...
PPA for Mega First’s Laos unit
Mega First Corp Bhd said its 80%-owned power generation unit in Laos, Don Sahong Power Co Ltd, has secured the power purchase agreement for its hydropower project. Keep reading ...
Vietnam a top investor in Cambodia
Vietnam was among Cambodia’s top five investors as of last April with US$3.2 billion in 171 projects. It is also Cambodia’s third largest trade partner with bilateral trade topping $3.3 billion as of 2015, Vietnamese Commercial Counselor Nguyen Bao said. Keep reading ...
Vietnam moves closer to market economy
Vietnam was striving to perfect the market economy and committed to creating the most favourable conditions for foreign investors, Prime Minister Nguyen Tan Dung said at the Vietnam Global Investment Forum on 30 September. With improvements in the business climate, infrastructure and the financial markets, Vietnam ...
Foreigners pull record US$5b as Southeast Asian stocks sink
Foreign investors are selling Southeast Asian stocks at the fastest pace on record as the region’s economic outlook worsens and the US gets closer to raising interest rates. Overseas funds unloaded a net US$5.1 billion (S$7.28 billion) of Indonesian, Thai and Philippine shares in the third ...
Vietnam third-quarter economic growth accelerates to 6.81 pct
Vietnam’s economic growth quickened in the third quarter, buoyed by foreign investments and exports growth that contrasts with the performance of many of its neighbours. Gross domestic product rose 6.81 percent in the third quarter from a year earlier, according to figures released by the Hanoi-based ...
Lotteria to open in Laos
Fast-food restaurant Lotteria signed a franchising pact with Lao company, Soxay Chaleun Group, to make inroads in ASEAN countries. Keep reading ...
Who is the biggest investor into ASEAN?
The competition to invest into ASEAN countries has been heating up of late. As a region which has been growing, ASEAN still has a large pool of relatively cheap labour in the developing countries. ASEAN is also home to some 600 million consumers with a fast growing middle ...
Express road to airport in works
The Ministry of Public Works and Transport on 22 September announced the start of feasibility studies aimed at building an express elevated toll road that would extend from Phnom Penh’s city centre to the airport by 2021. Public Works Minister Tram Iv Tek said that China’s Henan ...