Economy and commerce
Cambodia at low risk of debt distress: IMF
Cambodia’s external public debt is well within acceptable limits, but remains vulnerable to financial shocks such as export slowdowns or exchange rate fluctuations, the International Monetary Fund (IMF) said in its latest assessment of the Kingdom’s economy. “Cambodia’s debt distress rating remains low with all debt ...
Vietnam, New Zealand sign four agreements
Vietnamese and New Zealand businesses signed four agreements on 15 November during the official visit by New Zealand Prime Minister John Key to Vietnam. The four business-to-business arrangements – between Global Trust Alliance, AsureQuality and Vinamilk, Airways International and the Vietnam Air Traffic Management Corporation, Airways International ...
Vietnam's Ho Chi Minh City maps out special economic zone
Vietnam’s Ho Chi Minh City is considering the formation of a special economic zone in four of its districts, the municipal authorities announced on their website on 16 November. Keep reading ...
Thailand's tourist numbers maintained at 32m
Thailand’s Office National Economic and Social Development Board has maintained the tourist number target for 2016 at 32 million, despite terrorist attacks in Paris. Keep reading ...
Thai Deputy PM insists on using administrative order in rice cases
Deputy Prime Minister Wissanu Krea-ngam has reiterated the government is not bullying ex-PM Yingluck Shinawatra when it demands compensation from her for damages from the rice-pledging programme using using the 1996 administrative tort law instead of the Civil Code. Damages can be claimed in one of the ...
Thai economy expands 2.9% in Q3
The Office of National Economic and Social Development Board revealed today that the Thai economy expanded 2.9 per cent in the third quarter compared to the same period last year. Keep reading ...
Auctions of rotten rice to begin this month
The Thai government will begin auctioning 2 million tonnes of rotten rice by the end of November, looking to offload stockpiles of the staple grain built up under the rice-pledging programme. The world’s second biggest rice exporter after India is holding about 13 million tonnes of ...
US surpasses Laos to become Vietnam’s biggest overseas investment destination
The U.S. has overtaken Laos to become the most attractive place for Vietnamese foreign investment in the first nine months of this year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment. The North American country attracted $101.4 million out of ...
Vietnam economy won’t be better next year: economist
Vietnam’s economy will continue to recover but at a slow pace next year, and the sustainability of its rebound appears weak, a senior economist has warned. Nguyen Dinh Cung, head of the Central Institute for Economic Management, said: “The recovery in 2013-15 was driven by the ...
Casio pins faith on Thailand for ASEAN expansion
Tokyo-based Casio Computer Co, a maker of consumer electronics, is committed to investing in Thailand so that it can use the country as a springboard for expansion in Myanmar and Laos. “We [Casio in Japan] are considering expanding our business into other ASEAN members including Myanmar and ...
