Thailand Plans to Open More Sectors to Foreign Firms

Thailand Plans to Open More Sectors to Foreign Firms

Thailand is planning to change its rules to allow more foreign businesses to operate in the country with fewer restrictions. The Commerce Ministry said it will ask the Cabinet to remove 10 business categories from the restricted list under the Foreign Business Act,...
Vietnam’s Credit Growth to Reach 19% in 2025

Vietnam’s Credit Growth to Reach 19% in 2025

Vietnam’s credit growth is set to hit one of its highest levels in years, pushing the country’s credit-to-GDP ratio to the top among lower-middle-income economies, according to the State Bank of Vietnam (SBV). At a press briefing, SBV Deputy Governor Pham Thanh Ha...
ADB Approves USD 500M Loan to Advance the Philippines’ Blue Economy

ADB Approves USD 500M Loan to Advance the Philippines’ Blue Economy

Asian Development Bank (ADB) has approved a USD 500 million policy-based loan to support the sustainable development of the Philippines’ blue economy, marking the bank’s first extensive cross-sector program in the region focused on marine ecosystems and ocean-based...
Indonesia Invests in Digital Infrastructure to Drive Economic Growth

Indonesia Invests in Digital Infrastructure to Drive Economic Growth

Indonesia is set to significantly expand its investments in digital infrastructure to fortify its digital economy and maintain robust economic growth. The government has unveiled a stimulus package for the upcoming year aimed at stimulating key sectors and fostering...
Thailand Approves Data Center Investments Worth over 3 Billion USD

Thailand Approves Data Center Investments Worth over 3 Billion USD

The Thailand Board of Investment has approved four data center projects with a combined value of approximately 3.1 billion USD. The projects include a 12-megawatt facility by Telehouse Thailand, a subsidiary of Japan’s KDDI Corporation, valued at 235 million USD; an...
Vietnam and UK Upgrade Ties to Comprehensive Strategic Partnership

Vietnam and UK Upgrade Ties to Comprehensive Strategic Partnership

Vietnam and the United Kingdom have officially elevated their relationship to a comprehensive strategic partnership, marking a historic milestone that places the UK among Vietnam’s highest-level diplomatic partners. With this upgrade, Vietnam now maintains...