Economy and commerce

Delta Offshore Energy's Vietnam Project Gets Environmental Approval

Delta Offshore Energy said Tuesday it had secured the environmental approval for the LNG to Power Project, the 3.2 GW power plant, and LNG Terminal in Bac Lieu, Vietnam. “Environmental Impact Assessment (EIA) is an extremely important key regulatory milestone towards the financial close and validates ...

China Opens Rail Line, Trade Route to Indian Ocean Through Myanmar

China last month inaugurated a new trade route via ship, road and rail running through Myanmar in keeping with Beijing’s dogged building spree across the Southeast Asian country to reach the Indian Ocean and points west. Analysts say it is one more strand in the ever-expanding ...

Zsombor Peter

Thailand pushes dream of 'land bridge' to boost economy

The dream of a Thai land bridge, a transport route that would cross the Malay Peninsula to connect ports on either side, has surfaced again in Thailand. If it becomes a reality, a land bridge could cut shipping times by about two days, compared with ...

YOHEI MURAMATSU, Nikkei staff writer

How Lao PDR Can Connect Health, Environment, and Economic Recovery

To mark the International Day of Clean Air for blue skies, the World Bank is publishing a Country Environmental Analysis for the Lao PDR, analyzing how the country can use its commitment to greener growth to stimulate economic recovery from the current slowdown, and to improve ...

Newsroom

Thailand BOI Approves Measures to Support Carbon Reduction

The Thailand Board of Investment (BOI) at a meeting today approved incentives to encourage companies to reduce greenhouse gas emission as well as an enhanced scheme for electric vehicles and measures to mitigate COVID-19 impacts and support local vaccine development, Ms Duangjai Asawachintachit, Secretary General of the BOI, ...

Thailand Board of Investment

Lao PDR: Economy Recovers then Falters Again under COVID-19

The Lao economy is on course for moderately improved growth in 2021, despite the second wave of COVID-19 denting the promising economic recovery made early in the year. The World Bank’s latest Economic Monitor for Lao PDR — A Path to Recovery — predicts that GDP growth ...

World Bank

Thailand Starts Factory Worker Vaccine Drive to Protect Exports

Thailand has launched a pilot program to test, vaccinate and isolate factory workers to limit Covid-related disruptions to its export-driven manufacturing industry, one of the few bright spots in an economy crushed by the virus.  The “Factory Sandbox” initiative aims to protect 3 million jobs and ...

Randy Thanthong-Knight

Finance firms plan to close coal plants in Asia

Some of the world’s biggest financial institutions are working on a plan to speed the closure of coal-fired power plants in Asia, the BBC has been told. The initiative was developed by UK insurer Prudential, is being driven by the Asian Development Bank (ADB), and includes ...

Japan, Mekong states back Cambodia's economic recovery initiative

Japan and other Mekong countries have expressed support for Cambodia’s initiative to establish a joint working group on the Mekong-Japan Economic Recovery Scenarios, according to a press statement issued by the Ministry of Foreign Affairs and International Cooperation following their latest meeting on August 6. The ...

Voun Dara

Plastic waste imports are 'unwanted'

More than 100 environmental groups have called on the government to prohibit the import of plastic waste and instead encourage the use of domestic plastic waste for recycling as a way to safeguard the environment and promote the circular economy. The network of 107 civil society ...

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