Investment

Offshore capital is rapidly flooding the Thai bond market, with half of the first nine months’ fund outflows from the market turning back during the first 12 days of October. The return had been buoyed by hopes of the US Federal Reserve rate hike delay.  Keep reading ...

Vietnam has pulled off an impressive feat this year, bucking a global slowdown trend to post an economic growth of 6.5 percent in the first nine months.    But some senior legislators have said the strong growth might not be sustainable, considering the large number of companies ...

The government has announced it will sell out its stakes in 10 companies including dairy giant Vinamilk and information technology leader FPT. Keep reading ...

The National Economic and Social Development Board (NESDB) remains upbeat that the country’s economy will still manage growth of 2.7-3.2% this year as projected. Keep reading ...

Reforms and monetary policy changes in the post-election period would boost slowing growth in Myanmar, said an International Monetary Fund official. Hoe Ee Khor, deputy director for Asia and Pacific at the IMF, said the involvement of the National League for Democracy (NLD) in setting regulations ...

Myanmar’s first modern stock exchange risks falling under sanctions by the US Treasury when it eventually launches this year. The Yangon Stock Exchange is not designated specifically by the Department of Treasury’s Office of Foreign Assets Control. However US officials have clarified that under US law it ...

The Council of Ministers agreed on 9 October to invest about $62 million in the fledgling Asian Infrastructure Investment Bank, which is expected to start operating by the end of the year. Keep reading ...

Sixty-five companies from Laos and foreign countries including Thailand at the Savan-Seno Special Economic Zone have created over 4,500 jobs for local people. According to Thongsay Sayavongkhamdy, a senior official from the Savannakhet provincial authority, from now until 2020, both local and overseas companies are expected to ...

The state enterprise that operates Cambodia’s second-largest port is looking to raise up to $6.4 million in its initial public offering and float 20 per cent of its shares on the stock market in December, according to a company draft prospectus released on 9 October. Keep ...

Vietnam, whose low-wage economy relies on exports, is likely to be the biggest winner of the Trans-Pacific Partnership that slashes an estimated 18,000 tariffs among the dozen participating countries.   In a decade, the country’s gross domestic product will be boosted 11 percent, or $36 billion, as ...