Economy and commerce

Economic policy and administration

Asean needs a Middle Path

Despite the economic downturn during the Covid-19 pandemic, China-sponsored infrastructure, trade and cooperation initiatives with Southeast Asian nations have been moving forward consistently — amplifying the presence of Beijing in one of the world’s fastest growing regions. One recent landmark event was the inauguration of the ...

PARITTA WANGKIAT

Thailand reopens to vaccinated tourists from over 60 nations

Tens of thousands of travellers are expected to arrive in Thailand today as the country reopens to tourists after 18 months of Covid restrictions. Vaccinated tourists from more than 60 “low-risk” nations are allowed to enter the country and avoid hotel quarantine. Tourist numbers are forecast to ...

End Poverty — Build a More Resilient Economy in Lao PDR

October 17 is the International Day for the Eradication of Poverty, or End Poverty Day as it is often known, one of the most important days on the calendar for people working in governments and development agencies all over the world. Let me be clear: poverty ...

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

Sweden supports Cambodia towards a circular economy

On 28 June, the Cambodian National Council for Sustainable Development of the Ministry of Environment launched the implementation of the National Strategic Plan and Action Plan for a circular economy with financial support from Sweden, Japan, and the United Nations Development Program (UNDP). The strategy includes ...

Mette Larsen

Thai tourism set for sluggish reboot as Phuket stutters on ‘sandbox’

Thailand’s planned reopening of the resort island Phuket next month to vaccinated visitors, bypassing quarantine requirements, has met a lukewarm response, with hotel bookings indicating expected occupancy of less than 20% so far. The “Phuket Sandbox” initiative from July 1 will allow free movement on the ...

Panu Wongcha-um

Locals fear water conflict as new industrial boom arrives along Thailand’s eastern seaboard

A new industrial boom is bringing high-tech investments to eastern Thailand. But in this drought-prone landscape, is there enough water to go around? As Thailand embarks on an ambitious industrialisation drive along its eastern seaboard, local communities and conservationists fear a brewing war over water. The Eastern Economic ...

Jack Board

Laos faces serious budget deficit

An elevated fiscal deficit will result in growing public debt, which will ramp up pressure on Laos’ debt servicing capacity amid the COVID-19 crisis, the Vientiane Times reported on August 21. The Lao Government has estimated that the budget deficit will rise from 6.69 trillion kip (700 million USD) , ...

VNA

Mekong Delta localities urged to work harder to complete yearly targets

In a document informing the PM’s conclusion in a meeting with leaders of the Mekong Delta localities, PM Phuc called for the engagement of the whole political system in implementing the Government’s resolutions on supporting COVID-19-hit people and solutions to remove difficulties facing business and ...

VNA

Myanmar needs to reimagine its economic future

Development should be Myanmar’s number one priority. In the lifetime of today’s children, it has the potential to become a developed country. Combined with measures to fight inequality, finding the right path to development is critical for a successful transition to democracy. It’s also critical ...

THANT MYINT-U

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