FDI

Jokowi roots for private investment in Indonesia

Indonesia will turn to private investors for the hundreds of billions of dollars in investment needed to develop the archipelago’s infrastructure and natural resources, President Joko Widodo said, brushing off claims he was increasingly becoming an economic nationalist.All major projects will be offered to the private sector, Widodo, also known as Jokowi, told Bloomberg Television’s Haslinda Amin on Saturday in an interview on a hilltop overlooking the picturesque Lake Toba.

17 October 2017
0

Thailand's growth rebound has room to run

Thailand’s already “very accommodative” monetary policy is fuelling robust growth that’s spreading across the economy, said Bank of Thailand Governor Veerathai Santiprabhob.The outlook comes as an exports revival in Thailand gains momentum despite a recent rise in the nation’s currency, the baht. Better demand from key trading partners is helping to offset strength in the exchange rate, Veerathai said.

15 October 2017
0

Uncle Sam is here to stay

The US (United States) will continue to play an active role in ensuring peace and prosperity within Southeast Asia despite growing geopolitical shifts in the region.Speaking at the sixth Maritime Institute of Malaysia South China Sea Conference, Senior Advisor and Senior Director of the Asia Pacific Security Programme at CNAS (Centre for New American Studies), Patrick Cronin highlighted five key elements which would likely underpin the Trump administration’s approach towards this region.

4 October 2017
0

Working towards a better Southeast Asia

"There is no straight path from your seat today to where you are going. Don't try to draw that line. You will not just get it wrong, you'll miss big opportunities. And I mean big-like the Internet," Sheryl Sandberg, the Chief Operating Officer of Facebook, said during the annual Class Day ceremonies at Harvard College in the US."Careers are not ladders, those days are long gone, but jungle gyms.

1 October 2017
0

Indonesia: Asia's maritime gateway to the west

Much like how the ancient trade functioned when the Western civilisation of the Roman Empire began to trade with the Chinese Empire in the first century for wool, silver and gold, the maritime silk road in the 21st century is named OBOR (or One Belt, One Road) as it is poised to become a passage way that would contribute to the widespread of trade across the world, while a coherent blueprint is set to interconnect international infrastructures in order to maintain the national interest of the

22 September 2017
0

Asia's foreign reserves are stronger than ever

Across much of Asia, foreign currency reserves have never been stronger.India’s foreign currency reserves are set to hit a new high of 400 billion dollars, enough to cover a year of imports, while holdings of international currencies in South Korea, Taiwan, Thailand and Indonesia are all at record levels.

14 September 2017
0

Vietnam, the land of the 'Ascending Dragon'

Vietnam - also famously known as the land of the “Ascending Dragon” for its geographical shape on the world map - is a land of opportunities. As Vietnam celebrates its 72nd independence today, it is remarkable to note how far the country has progressed over recent years. Moving away from a centrally planned system into a market based economy, Vietnam has advanced into the "lower middle income countries" bracket since 2009.

2 September 2017
0

The dawn of ASEAN's frontier economies

The ASEAN (Association of Southeast Asian Nations) frontier economies of Cambodia, Lao, Myanmar and Vietnam (CLMV) are becoming the centre of attraction for FDI (foreign direct investment). Aside from being the world’s fastest growing economies, these countries boast a young population with low-cost labours and natural resources. Among the potential areas for investment include textile, clothing, footwear, food and beverage, banking, services, tourism and auto electronics.

30 August 2017
0