Investment

Many more companies are planning to invest in special and specific economic zones (SEZs) in Laos after witnessing the potential to benefit from the coming regional integration, according to a recent report. Keep reading   ...

A measure of the region’s 10 most-traded currencies excluding the yen is set to decline for a third year, its longest losing streak since 1997, amid signs the US will raise interest rates for the first time in a decade. The People’s Bank of China’s cut ...

Vietnam’s central bank doubled the width of the dong’s trading band 12 August, a day after China further weakened its currency, pushing the yuan into its biggest devaluation in two decades. The State Bank of Vietnam widened the dong’s trading band against the U.S. dollar to ...

Thailand and Laos are set to boost bilateral trade to US$8 billion (Bt250 billion) in the next three years, driven mainly by closer cooperation under Asean integration and the setting up of special economic zones. According to the Thai Commerce Ministry, Thai-Laotian bilateral trade rose by 14.32 ...

Investors expect Thailand’s capital market will decline to bearish levels over the next three months in line with poor sentiment in the economy. The latest investment sentiment survey for the three months ending 31 Oct is at 57.27 points, a 41.7% fall from last month’s level of 98.28 ...

US-listed gaming operator Entertaining Gaming Asia (EGA) has recovered from last year’s losses and recorded a profit during the second quarter of 2015. Along with sales of its gaming products, including poker chips and gaming plaques, the company attributed much of the increase to a boost ...

Vietnamese companies pledged US$155.4 million for their investment projects in 22 countries and territories around the world in the first half of this year, the Foreign Investment Agency recently reported.   The Ministry of Planning and Investment licensed 47 new projects.   Keep reading ...

Vietnam always welcomes and will create the most favourable conditions for Malaysian investors and those from other ASEAN member states to do business in the country, Prime Minister Nguyen Tan Dung affirmed at the dialogue with members of the ASEAN Business Club and Malaysian enterprises ...

Thai renewable company Impact Energy Asia (IEA) plans to build the largest wind farm in ASEAN – and generate 600 megawatts on 400,000 rai in southern Laos – under an agreement signed by the Lao government and the company on 7 August. “Called Monsoon Wind Farm, the US$1.5 ...

Prime Minister Nguyen Tan Dung suggested Myanmar to consider granting licences to the Bank for Investment and Development of Vietnam to open branches in Myanmar.   The Prime Minister received Governor of the Central Bank of Myanmar Kyaw Kyaw Maung in Hanoi on 6 August during his ...