Industries

Industries

Growth reports, trends and breakthroughs

Thailand Pushes Projects For Eastern Economic Corridor

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The Thai government continues to promote investment in the Eastern Economic Corridor (EEC), one of the largest economic initiatives geared particularly towards foreign investors....
Brunei To Push Tourism Arrivals With New Offers

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Brunei is looking to capitalise on its natural attractions and institutions such as hospitals and international schools to promote medical, educational and eco-tourism, according...
Manila Runs Dry As Water Utility Scrambles To Maintain Supply

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Customers of Manila Water Company, Inc, a water utility which is part of Philippine business conglomerate Ayala Corp., are faced with more supply shortages...
Vietnam Corporations Line Up To Start Business With North Korea When Sanctions Fall

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Companies from Vietnam are eager to be among the first to do business with and in North Korea should international sanctions be lifted, positioning...
Philippines Drowning In Plastic Bag Waste

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The Philippines has a growing environmental problem with waste from plastic bags, with 164 million mostly non-recyclable pieces being thrown away by Filipinos on...
Manila Tops Global Luxury Property Index

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The Philippine capital Manila surprisingly tops the new ranking of price appreciation of luxury property globally, compiled by international real estate company Knight Frank...
World’s Biggest Floating Solar Power Farms Planned In Thailand

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Thailand plans to build the world's largest floating solar farms to boost the country's share of clean energy, Bloomberg News cited Thepparat Theppitak, a...
Scania Opens New Truck And Bus Assembly Plant In Thailand

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Swedish commercial vehicle builder Scania is opening a new assembly facility for trucks and bus chassis in the Bangkok Free Trade Zone in Samut...
Malaysia To Unveil Home-made Flying Car

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Malaysia plans to unveil its first flying car prototype to the public this year, Minister of Entrepreneur Development Mohd Redzuan Md Yusof said on...
Construction To Start For Metro Manila’s First Subway Stations

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A consortium of Japanese and Filipino firms has bagged the contract to design and build the first three stations of the Metro Manila subway...
Malaysia Expects Healthy Growth Rate Of 4.9% This Year

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Malaysia's economy continues to be strong and GDP is expected to expand a further 4.9 per cent in 2019 even with a decline in...
Suu Kyi Calls For Investors To Engage In Rakhine State

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Myanmar State Counselor and de facto-leader Aung San Suu Kyi called for investment in the crisis-hit western state of Rakhine on February 22, saying...
Cambodia Put Back On Global Money Laundering Watchlist

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Paris-based intergovernmental money-laundering watchdog Financial Action Task Force (FATF) has placed Cambodia back on its watchlist on February 22 because of concern it is...
Indonesia Beefs Up To Become Southeast Asia’s Digital Hub

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Indonesia has set itself the goal to become nothing less than a regional digital hub in Southeast Asia as early as next year. To...
Singapore To Hike Gst, Tightens Duty Free Allowances

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Amid slowing global growth, ongoing geopolitical uncertainty and technological disruptions to industries and jobs, Singapore issued a budget for 2019 that will see new...
Thai Economy Grows Better Than Expected, But Election Looms

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Thailand's economy grew fastest in six years in 2018, with fourth-quarter beating expectations on higher domestic demand and record tourism arrivals. GDP rose 3.7...
Laos A Draw For Investors, But Obstacles Remain

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With growth rates of around seven per cent in recent years, Laos is one of the best performing in ASEAN. The country’s GDP rose...
North Korea Could Follow Vietnam’s “doi Moi” Example

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As Vietnam’s capital Hanoi prepares to host the second US-North Korea summit later this month, experts say North Korea may be gearing up to...