Economy and commerce
Investment
China’s Six Belt and Road Projects in Myanmar to Watch in 2019
The Myanmar government recently agreed to begin work on key projects under the China-Myanmar Economic Corridor (CMEC) agreement which is part of Chinese’s ambitious Belt and Road Initiative. Experts, including voices from the World Bank, have pointed out that Myanmar’s growth will largely depend on ...
Long An maintains top position in FDI attraction in Mekong Delta
The Mekong Delta province of Long An last year issued licenses to 90 new foreign direct investment (FDI) projects with a combined capital of 450 million USD, thus maintaining its leading position in FDI attraction in the region, according to local authorities. Statistics also show that ...
Lancang-Mekong Cooperation could play bigger role in regional river protection, development
Lancang-Mekong Cooperation (LMC) could play a bigger role in the protection and development of the Lancang-Mekong river, Cambodian experts and officials said in recent interviews with Xinhua. Te Navuth, secretary general of the Cambodia National Mekong Committee (CNMC), said that for Cambodia, the main concerns over ...
The world, built by China
China envisions a vast global network of trade, investment and infrastructure that will reshape financial and geopolitical ties — and bring the rest of the world closer to Beijing. In data story it outlines the geographic scope of China’s ambitious investments across the world. Read more. ...
Myanmar gets more foreign investment than any other poor nation
Myanmar attracted the most foreign direct investment of any of the world’s so-called “least developed countries” in 2017, even as the nation’s reputation plummeted over its forced expulsion of tens of thousands of Rohingya Muslims. The $4.3 billion worth of realized FDI that went into ...
China offers $7.2-billion fund to support projects in Asean, other nations
China’s Belt and Road Initiative will release 10 billion renminbi or $1.5 billion next month to finance development projects in the Association of Southeast Asian Nations, including the Philippines.The amount is a part of the initial 50 billion renminbi or about $7.2 billion in funding ...
China’s New Silk Road
Xi calls it the “project of the century,” a decades-long drive to grease the wheels of trade with massive infrastructure spending; Morgan Stanley estimates it will total $1.3 trillion by 2027. The Belt and Road is at the core of China’s foreign policy strategy and ...
Myanmar-Thailand highway branded ‘ecological and social disaster’
Community and conservation groups in Myanmar have branded a planned highway linking a port project to Thailand an “ecological and social disaster”, saying it would uproot indigenous people from their homes and farms. Critics said an environmental and social impact assessment for the road project, ...
Cybercrime surges above $120-bn in Southeast Asia
THE RAPID growth of Bitcoin-related scams and other cybercrimes has prompted the United Nations to urge member countries, including Thailand, to step up their legal safeguards against potential economic losses. Cybercrime-related losses worldwide top US$600 billion (Bt19.6 trillion), said Julien Garsany, deputy regional representative of ...
Pearson signs MoU with Thailand’s EEC
Digital education company Pearson has signed a Memorandum of Understanding with Thailand’s Eastern Economic Corridor to develop and implement BTEC-based programs for learners in EEC provinces. Keep reading ...
