In the final 3 months of 2020 the domestic fast food giant Jollibee Foods Corporation managed to swing back to prosperity, but it was not enough to save the company last year from a pandemic-induced defeat. The firm shared in a filing to the stock exchange. Along with this, Jollibee capped 2020 with a net loss of P11.5 billion, a …

KUALA LUMPUR – Despite a United Nations study showing that it experienced the worst decline in foreign direct investment (FDI) in the country last year, Malaysia has said it remains attractive to investors. On Monday (Feb 8), the Malaysian Investment Development Authority (MIDA) insisted that trust in foreign investors remained strong despite the study in The Straits Times on Feb …

It was never easy to improve the economy in this trying times but the Minister of Finance Sri Mulyani Indrawati highlighted that there were many reasons behind the government’s decision to set up the Investment Authority of Indonesia, including the need to boost public health and infrastructure. In order to improve the wellbeing of the Indonesian people, the government needs …

Amidst the pandemic, there are 56 major companies and 196 micro, small and medium enterprises, the Investment Coordinating Board promotes future collaborations with a contract value of Rp1.5 trillion. On the signing with MSMEs of the International Investment Agreement (PMA) and Domestic Investment (PMDN) Collaboration. Bahlil Lahadalia, head of BKPM shared this opportunity is still in its early stages. The …

 Entering the new year isn’t easy for every nation around the world and it’s the same with Thailand given the economic hardship caused by COVID-19, as many as 96 percent of foreign direct investors operating experienced unprecedented situations last year. However, this year, they are surprisingly confident in the potential of the country and have plans to increase or at …

There’s a serious request to the Indonesian authorities to guarantee the halal status of China’s Sinovac vaccine until massive use for the government’s COVID-19 vaccination program from the Center for the Syarikat Islam Ideological Protection (Perisai). Looking back, before granting its Emergency Use Authorization (EUA) for safety purposes, the Indonesian Food and Drug Monitoring Agency should also conclude its thorough …

Without fear of going to jail, Thailand’s interdiction protests are about more than the right to challenge the monarchy. Through this, the demonstrators want taxpayers to regulate tens of billions of dollars worth of investment and real estate. In view of this, The Royal Family of Thailand has long been the largest shareholder in two of the most profitable companies …

In order to create a sovereign wealth fund to attract investment and boost the economy, the Indonesian government is planning 75 trillion rupiah (S$6.8 billion) in cash. Global heavyweights have shown interest in joining the United States and the United Arab Emirates. The creation of a sovereign fund, to be known as the Investment Authority of Indonesia, is part of …

The cabinet has given the green light to a stimulus package expected to inject 400 billion baht into the economy to reduce the impact of the Covid-19 epidemic. The package was proposed at a meeting of economic ministers. The controversial 2,000-baht cash handouts to selected groups of people, which sparked intense public criticism after being proposed by the economic ministers …

KUALA LUMPUR – Malaysian sovereign wealth fund Khazanah Nasional Bhd posted a turnaround in the financial year of FY19 with a record profit booking a huge jump in gains from divestments as it braces for a challenging year due to the Covid-19 coronavirus. The sovereign wealth fund staged a profit from operations climbed to RM7.36 bil compared with a loss …