Foreign investment

Is Thailand’s economy slowing down?

When Kulthirath Pakawachkrilers had to convince yet another Chinese investor that business was still a good bet in Thailand despite the political upheaval, she knew it was going to be a tough sell.Companies once considering investing in Southeast Asia’s second-largest economy were now looking at other options – and the uncertainty surrounding the aftermath of the elections was driving much of the concern, said Kulthirath, chief executive officer of the Thailand e-Business Center, which advise

13 June 2019

Myanmar’s growth slowed by Rohingya crisis

In a vast convention centre in Naypyidaw, Myanmar’s sprawling and eerily empty capital, prospective investors listened politely as local companies pitched opportunities and government officials spoke of the country’s vast economic potential.Yet in the hallways, conversations drifted toward one topic: A military-led crackdown that drove more than 700,000 Rohingya Muslims from the country, prompting allegations of genocide and threats of renewed economic penalties from the United States (US) an

11 March 2019

Investing in Southeast Asia’s electricity

Southeast Asia is a growing region with countries here averaging growth rates of 5.1 percent. This situation has rightly prompted a rise in energy demand within the region. Between 2000 and 2016, economic growth in the region spurred a 70 percent increase in primary energy demand.

17 February 2019

SMART visa to enhance Thai industries

High level executives, investors or professionals in industries of the future like aerospace, automation and biofuels can now live and work in Thailand under a new visa scheme called the SMART visa.

20 January 2018

Myanmar luring investment despite refugee crisis

As the U.S. and Europe grow increasingly outraged over the Rohingya refugee crisis in Myanmar, Asian businesses are continuing to invest.Bangkok-based construction company TTCL Pcl is one of the latest examples, targeting the first half of next year to complete a funding plan and shareholder structure for a planned three billion dollar coal-fired power plant in Kayin state bordering Thailand. The U.S.

28 November 2017

Indonesia needs higher revenue to win Moody's upgrade

Indonesia needs to boost government revenue to win a credit rating upgrade like India, Moody’s Investors Service said.“The challenge for Indonesia is not so much curbing spending but raising revenues,” Anushka Shah, Moody’s sovereign analyst in Singapore, said in an emailed response to questions.

22 November 2017