Manufacturing FDIs in Asean more than double in first half


MANILA: Foreign direct investment (FDI) in South-East Asia's manufacturing sector grew nearly 150% to US$30.8bil in the first half from a year earlier as the region gained from a runoff in investor interest in China and India. 

“There is tremendous draw of the Chinese and Indian economies,” Asean secretary-general Ong Keng Yong told reporters yesterday. 

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