Investment

Investment policy and regulation

Thailand grapples with allowing more Chinese landowners

Thailand has been a popular expatriate destination for investment and retirement for decades, but foreign land ownership has long been restricted. Foreigners can own no more than 49% of any condominium development and are restricted from owning most freehold estates. Yet Thailand is keen to attract ...

PREM SINGH GILL

Money flows: Who's investing in Laos, and what problems do they present?

A nation disadvantaged by geography, Laos has turned to intense infrastructural development and foreign direct investments to accelerate economic growth. As the landlocked nation opens its doors to foreign money, who is it inviting, and what troubles lay ahead? Once an ancient kingdom and a hub ...

Pei Ying Loh & Zenn Wong

Cambodia’s updated investment law gives incentives to green business

A recently promulgated update to a 2003 law on investment is redefining incentives for more than a dozen business sectors. This is only the Kingdom’s second investment law and it expands the range of environmentally focused organisations eligible for incentives. The list of eligible business sectors ...

ANTON L. DELGADO

Laos pushes into crypto as it authorises mining and trading

Laos has authorised the mining and trading of cryptocurrencies, in a policy shift by the debt-laden south-east Asian nation that positions it to profit from the crackdown on digital currency mining in China. Analysts said the move was a logical step for the landlocked, communist-ruled country ...

John Reed

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 ...

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 government, ethnic communities clash over development projects

New reports of Lao military operations against ethnic Hmong communities suggest the government is tightening its control over areas targeted for development and investment. According to a Radio Free Asia report on April 1, Lao military forces have repeatedly attacked Hmong living around Phou Bia mountain in Xaysomboun province, ...

Editorial

Govt urged to tax Mekong development projects

Local communities along the Mekong River are asking the government to establish a fund, made up of collected tax revenues from development projects on the waterway, to compensate villagers affected by them. “This fund [should] not be a corporate social responsibility scheme,” said Ormbun Thipsuna, president ...

APINYA WIPATAYOTIN

ADB supports Thailand green bonds for Covid-19 recovery

The Asian Development Bank (ADB) is assisting the government of Thailand in designing, issuing and monitoring innovative capital market initiatives as part of the country’s recovery from the Covid-19 pandemic in a manner aligned with the 2015 Paris Agreement and the UN Sustainable Development Goals. ADB’s ...

Chito Santiago

B1.4bn loan for Myanmar power grids

A concessional loan worth 1.45 billion baht to help Myanmar improve its electricity system has been approved by the government, according to an official. Rachada Dhnadirek, deputy government spokeswoman, on Tuesday said the loan is part of an initiative to strengthen ties with neighbouring countries. The Neighbouring ...

MONGKOL BANGPRAPA

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