Economy and commerce

Hong Kong-based developer Eastland Development (HK) Ltd has expressed interest in listing on Cambodia’s stock exchange within a year. Sam Yang, the company’s chief executive, said during a recent company promotional event that Eastland is working with a local underwriter to prepare to float shares on ...

Inflation, flood relief and the depreciation of the kyat against the US dollar have prompted parliament to consider a government request for almost US$2 billion in supplementary funding for the current fiscal year. The additional cash, however, poses significant risks of overheating the economy by ...

The Thai economy will expand by 2.8% by year-end, and government megaprojects will accelerate higher growth rates next year, the Fiscal Policy Office  said on 26 November.  Keep reading ...

“Echelon Thailand” will bring active start-up communities from around the Mekong region including CLMV (Cambodia, Laos, Myanmar and Vietnam) to connect with one another. The 26-27 November event organised by e27, Asia’s largest tech media platform, is expected to attract the best of the Mekong region’s ...

With the slowdown in domestic auto sales ebbing and strong exports, Thai automobile production is expected to reach 2 million units next year, the Federation of Thai Industries projects. Surapong Paisitpatanapong, a spokesman for the FTI’s automotive industry club, said the production in 2016 likely will grow ...

While unemployment rates are low among Cambodian youths, their jobs are largely poorly paid and informal, providing them with just enough money to survive on, according to a recent report. The report, released on Sunday by youth NGO the Youth Resource Development Program and the Ministry ...

Some individual sugarcane growers in Savannakhet province now owe the milling company as much as 174 million kip following their poor harvests, it was recently revealed. According to a workshop on reducing debt risks for farmers in Vientiane, some families in Savannakhet’s Xaybouly district are in ...

The Central Bank of Myanmar plans to tighten monetary policy to counter inflation, though at the request of banks has extended the deadline to meet a new reserve requirement ratio until January, said senior officials. Amid signs of overheating, the Central Bank has been holding deposit ...

As the National League for Democracy prepares to take charge of Myanmar’s economy, small businesses in Yangon are cutting costs and preparing for the worst, with food prices soaring and the kyat touching an all-time low against the dollar. Restaurant and tea-shop owners in Myanmar’s largest ...

As an economic and tourism hub in the country, Ho Chi Minh City plays a vital role in the development of tourism in the north-western region, Deputy Prime Minister Nguyen Xuan Phuc has said. The city administration needs to offer more incentives to encourage tourism enterprises ...