Investment

The task of securing US$6 billion in foreign direct investment (FDI) during an election year initially seemed daunting, according to Myanmar Investment Commission secretary U Aung Naing Oo. Yet the anticipated slowdown in investment has not materialised. Instead, over the past few months his Yankin office ...

The University of the Thai Chamber of Commerce has revealed a 10-month high in the country’s consumer confidence, as a result of the government’s economic stimulus measures. Director of the UTCC Center for Economic and Business Forecasting Thanawat Polwichai said the consumer confidence index for October ...

As the world absorbs life with a slowing Chinese economy, business is brisk for one group – Asia’s bankers, handling a burst of stock listings by mainland firms that need funds now and are resigned to their shares being worth less than before. Though initial public ...

Shares in Vinamilk, Vietnam’s largest listed company, hit an all-time high on Tuesday after local media said a drinks-maker controlled by Thailand’s second-richest man plans to buy out the state’s 45% stake. Keep reading ...

Vietnam’s government will allow private and foreign investors to provide services at Vietnamese airports for the first time this December. Thanh Nien News reported that new legislation, which will take effect 12 December, will allow private investors to purchase rights to manage airports and provide some ...

Asian stocks dropped on Monday, after their best month since May 2009, as industrial companies declined following data signalling a contraction in Chinese manufacturing. Keep reading ...

Cambodians are expecting a ‘seamless transition’ when the ASEAN Economic Community is launched in two months and hopefully heralds a second investment wave, capable of transforming this country’s pool of unskilled labor into a manufacturing hub. The first investment wave followed Cambodia’s ascension to the World ...

The central Quang Tri Province intends to request a total investment of VND87 trillion (nearly US$4 billion) in its 18 projects in key sectors at an investment promotion conference in November. Speaking at a meeting with 20 investors held here on 28 October, Nguyen Van Hung, ...

The Ministry of Transport is looking for a private company to operate a tourist rail line in the Central Highlands resort town of Da Lat, following decades of losses, news website Saigon Times Online reported on 28 October. Keep reading ...

Cambodia improved its ranking for the ease of doing business from 133 last year to 127 in 2015, making marked progress in the number of days and procedures required to start a business, though it is still ranked well below the world average, according to ...