Economy and commerce
Economic policy and administration
Setting the right price for investors
Subscription to the initial public offering of Phnom Penh Autonomous Port (PPAP) opened on 12 November. The capital’s port operator aims to raise $5.2 million by floating a 20 per cent stake on the Cambodian stock exchange in December, becoming the third company to list on ...
Mynamar trade steady year-on-year despite flooding: ministry
Myanmar’s trade volumes for the first half of this fiscal year match last year’s figures despite devastating flooding in July and August and a six-week embargo on rice exports. Myanmar’s bilateral trade was worth US$16.204 billion over the first six months of fiscal year 2016, placing ...
Lao Government, stakeholders raise awareness of corporate social responsibility
Government officials and stakeholders met in Vientiane on 9 November to discuss and promote understanding of corporate social responsibility (CSR), especially in the land and natural resources sector. The meeting was organised by the Investment Promotion Department under the Ministry of Planning and Investment in collaboration with ...
Warning for Thailand's ailing enterprises
The State Enterprises Policy Commission or superboard yesterday gave a mandate for seven loss-ridden state enterprises including embattled Thai Airways International (THAI) to launch rehabilitation plans next month. The superboard, which met on 9 November and was chaired by Prime Minister Prayut Chan-o-cha, will hold executives, management teams and ...
Vietnam growth surge masks weak local firms in 2-speed economy
Vietnam’s export-driven economy is set to grow at its fastest pace in eight years in 2015 and it’s foreign firms in the country that are riding the wave, leaving local companies lagging far behind. Foreign-owned businesses shipped 70 percent of Vietnam’s total exports so far this ...
No slowdown in foreign investment, says MIC secretary
The task of securing US$6 billion in foreign direct investment (FDI) during an election year initially seemed daunting, according to Myanmar Investment Commission secretary U Aung Naing Oo. Yet the anticipated slowdown in investment has not materialised. Instead, over the past few months his Yankin office ...
Thai consumer confidence Index hits 10-month high
The University of the Thai Chamber of Commerce has revealed a 10-month high in the country’s consumer confidence, as a result of the government’s economic stimulus measures. Director of the UTCC Center for Economic and Business Forecasting Thanawat Polwichai said the consumer confidence index for October ...
While China growth slows, cash-hungry firms steer Asia IPOs into fast lane
As the world absorbs life with a slowing Chinese economy, business is brisk for one group – Asia’s bankers, handling a burst of stock listings by mainland firms that need funds now and are resigned to their shares being worth less than before. Though initial public ...
October inflation declines for 10th month
Annual headline consumer prices declined for a 10th consecutive month in October, due mainly to low oil prices, providing the central bank room to keep interest rates low to support to support a weak economy. Keep reading ...
Cambodia pins economic hopes on AEC
Cambodians are expecting a ‘seamless transition’ when the ASEAN Economic Community is launched in two months and hopefully heralds a second investment wave, capable of transforming this country’s pool of unskilled labor into a manufacturing hub. The first investment wave followed Cambodia’s ascension to the World ...
