Economy and commerce
The bully playing games with border trade
Restrictions on border trade with China are a big headache for many Myanmar merchants. China officially bans most rice imports from Myanmar, for example, but its border officials often turn a blind eye to the trade. In early February though the Chinese authorities launched a crackdown ...
Sithu Aung Myint
Talks on trade, crime seek to achieve development goals
Prime Minister Prayut Chan-o-cha urged Asean members on Wednesday to maintain a good balance between promoting cross-border trade and suppressing transnational crime, which he said holds the key to meeting the region’s sustainable development goals. He made the remark during a speech at Wednesday’s opening of the ...
Courting ASEAN: US influence in the region has diminished but what comes next for ASEAN?
China and the US have long courted Southeast Asian nations, trying to bring them into their respective spheres of influence and establish a foothold in the region. No one nation dominates completely, but over the last couple of decades, China has stepped up its diplomatic ...
John Pennington
UN rights envoy says Laos focus on big projects hurting poor
The U.N. rapporteur on poverty, Philip Alston, said Thursday that Laos’ impoverished economy can only thrive if its leaders do a better job of educating and caring for all of its people. The current strategy of favoring big-ticket projects with Chinese investors and granting big ...
Alterna Bank a Strong Supporter of the Mekong Business Challenge
Alterna Bank is proud to sponsor the 13th annual Mekong Business Challenge in Cambodia, bringing together the brightest university teams to showcase how their innovation can transform lives. The Challenge is a platform for developing youth talent and for launching businesses and social ventures that will profoundly ...
Over 9,500 new firms established in Mekong Delta in 2018
More than 9,500 new businesses were established in the Mekong Delta in 2018. The delta’s economy recorded an impressive growth of 7.8 percent in 2018, the highest over the past four years, according to Nguyen Phuong Lam, Director of the Vietnam Chamber of Commerce and ...
Yunnan's trade with Mekong River countries tops 12.8 bln USD in 2018
The trade revenue between southwest China’s Yunnan Province and countries along the Mekong River exceeded 12.8 billion U.S. dollars last year. The trade volume saw a year-on-year increase of 7.28 percent. Keep reading ...
Việt Nam to build plan for trade promotion in development triangle area
Representatives of Cambodia, Laos and Việt Nam have agreed to assign Việt Nam to devise an action plan for effectively implementing the Agreement on Trade Promotion and Facilitation in the CLV Development Triangle Area, signed in 2016 in Siem Reap, Cambodia. This is one of the important ...
Provincial Lawmakers in Laos Call for More Scrutiny of Foreign Firms
Lawmakers in Laos are urging the government to be stricter on foreign business entities in the country in an effort to protect the environment and protect the livelihood of the people. Khamsaphone Xayavong, a member of parliament from Oumxay district, Oudomxay province in northern Laos, called ...
Localities urged to implement resolution on sustainable Mekong Delta development
The Government’s Resolution No.120 on the sustainable development of the Mekong Delta issued in November 2017 has been highly appreciated by domestic and foreign experts, thanks to its presentation of specific development perspectives, models, and solutions, Prime Minister Nguyen Xuan Phuc said at a working ...
