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Washington wants to attract Asean investors

As the global economy begins to recover, Washington is moving quickly to encourage foreign investment in the US as a means of boosting growth.

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As the global economy begins to recover, Washington is moving quickly to encourage foreign investment in the US as a means of boosting growth.

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US reaching out to Asean investors

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Imports from new ASEAN member countries also have lower import duties. As part of ASEAN Integration System of Preferences (AISP), tariffs of products such as vinegar, chili, certain vegetables, wood products, and electronic switchboards imported from Cambodia, Myanmar and Lao PDR are either reduced or abolished from September 2008.

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US reaching out to Asean investors

Infrastructure plays a crucial role in economic development and enrichment of living standards. Various stages of economic development require different levels of infrastructure upgrades or enhancements to ensure infrastructure in fact facilitates economic activities. Thailand has been facing a series of infrastructure challenges, both new and well-established. To name a few: there is a need for infrastructure services to catch up with economic development and international competition, manage the growth in urban areas, respond to global energy prices, and ensure basic services for the poor.

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Investment

Thailand rolls out New Investment Measures to Boost Economy

The new definition of qualified applicants now includes businesses that have not previously received BOI promotion privileges as long as they operate in sectors promoted by the BOI.

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The Board of Investment (BOI) today approved a wide range of measures to accelerate investment and support all key sectors of the economy, from large-scale projects, to small and medium enterprises (SMEs), as well as incentives to help strengthen the grassroots economy, and the tourism industry.

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Investment

Asia Pacific REITs raise a record amount of US$14 billion in 2019

REITs in APAC have raised over US$14 billion so far in 2019, surpassing the previous record of US$13.8 billion in 2013, according to JLL data.

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Real Estate Investment Trusts (REITs) in the Asia Pacific region have raised a record amount of capital this year, as investors sought more defensive, yield-based stocks amid growing global economic and political uncertainty.

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Ecommerce

Alibaba confirms $13bn listing in Hong Kong

Alibaba will offer 500 million shares at a maximum of HK$188 apiece, the company said. The number eight is considered auspicious in China.

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Chinese technology giant Alibaba on Friday confirmed plans to list in Hong Kong in what it called a $13 billion vote of confidence in the turbulent city’s markets and a step forward in its plans to go global.

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