Investment

Four years ago, a dollar fetched just over 8,500 Indonesian rupiah, and just under three Malaysian ringgit. Today a dollar is worth nearly 14,000 rupiah and almost four ringgit. Both currencies hit 17-year lows this summer, and kept falling (see chart). In Asia the rupiah and ...

China’s devaluation of the yuan has sent shockwaves through global markets. Edwards, of the bank Société Générale, argues that as well as creating a challenge for China’s Asian rivals, by making its exports more competitive, a cheaper yuan will send “a tidal wave of deflation” breaking ...

Many more companies are planning to invest in special and specific economic zones (SEZs) in Laos after witnessing the potential to benefit from the coming regional integration, according to a recent report. Keep reading   ...

A measure of the region’s 10 most-traded currencies excluding the yen is set to decline for a third year, its longest losing streak since 1997, amid signs the US will raise interest rates for the first time in a decade. The People’s Bank of China’s cut ...

Vietnam’s central bank doubled the width of the dong’s trading band 12 August, a day after China further weakened its currency, pushing the yuan into its biggest devaluation in two decades. The State Bank of Vietnam widened the dong’s trading band against the U.S. dollar to ...

Thailand and Laos are set to boost bilateral trade to US$8 billion (Bt250 billion) in the next three years, driven mainly by closer cooperation under Asean integration and the setting up of special economic zones. According to the Thai Commerce Ministry, Thai-Laotian bilateral trade rose by 14.32 ...

Investors expect Thailand’s capital market will decline to bearish levels over the next three months in line with poor sentiment in the economy. The latest investment sentiment survey for the three months ending 31 Oct is at 57.27 points, a 41.7% fall from last month’s level of 98.28 ...

US-listed gaming operator Entertaining Gaming Asia (EGA) has recovered from last year’s losses and recorded a profit during the second quarter of 2015. Along with sales of its gaming products, including poker chips and gaming plaques, the company attributed much of the increase to a boost ...

Vietnamese companies pledged US$155.4 million for their investment projects in 22 countries and territories around the world in the first half of this year, the Foreign Investment Agency recently reported.   The Ministry of Planning and Investment licensed 47 new projects.   Keep reading ...

Vietnam always welcomes and will create the most favourable conditions for Malaysian investors and those from other ASEAN member states to do business in the country, Prime Minister Nguyen Tan Dung affirmed at the dialogue with members of the ASEAN Business Club and Malaysian enterprises ...