Economy and commerce
Asian currencies set for worst quarter in 17 years
Asian currencies are headed for their biggest quarterly loss since the Asian financial crisis, having been battered by China’s surprise devaluation of the yuan and the prospect of a US interest-rate increase. The Bloomberg-JPMorgan Asia Dollar Index, which tracks the region’s 10 most-active currencies outside of ...
Kuwait proposes Laos visa exemption
The Lao and Kuwaiti governments should offer visa exemptions for their citizens as part of efforts to boost the exchange of tourism and trade between the two nations, according to the Kuwaiti ambassador to Laos, Mr Nabeel Aldaheel. The ambassador announced his government’s proposal to the ...
South Laos mulls tourism plan
The four southernmost provinces have drafted a plan to develop and link tourist sites beginning in 2016. Lao News Agency reported the authorities of Salavan, Champassak, Xekong and Attapeu met at the 8th meeting in Salavan province, late last week. Keep reading ...
Lao debt accumulates to 29,107b, repayment measures outlined
At least 29,107 billion kip of debt has been registered so far and many provinces have not yet reported their figures, an official report has showed. The debt was accumulated by 20 central state departments, four provinces and the capital of Vientiane, Minister of Finance Dr ...
Thailand urged to streamline passage for Southeast Asian visitors
Thai tourist industry has called on the authorities to provide conveniences for visitors from neighboring states, millions of whom are expected to come over from early next year. Keep reading ...
Vietnam's tourist numbers remain low as criticism mounts
The downward trend has continued. Foreign arrivals to Vietnam reached only 626,000 in September, down 5.8 percent from August, new data from the National Administration of Tourism showed. Even though that was up 8.3 percent from September last year, the overall number for the first nine months ...
Vietnam third-quarter economic growth accelerates to 6.81 pct
Vietnam’s economic growth quickened in the third quarter, buoyed by foreign investments and exports growth that contrasts with the performance of many of its neighbours. Gross domestic product rose 6.81 percent in the third quarter from a year earlier, according to figures released by the Hanoi-based ...
Two companies seek listing despite poor sentiment
The Stock Exchange of Thailand will welcome two new listed companies, despite the shaky market sentiment. JWD InfoLogistics, an integrated logistics service provider, will on 29 September make a debut on the Stock Exchange of Thailand. Keep reading ...
State support for 70,000 SMEs
Deputy Prime Minister Somkid Jatusripitak has set a target of supporting 70,000 small and medium-sized enterprises (SMEs) next year. The goal includes helping to create 10,000 start-ups. Among the 70,000, 50,000 are healthy but need some help from the government to expand, while 10,000 are in ...
Vietnam's industrial production rises 10% in first nine months
The national index of industrial production rose 10 per cent in the first nine months of this year against the same period last year. Further, according to the Ministry of Planning and Investment, the industrial production sector continued its growth, especially in the processing and manufacturing ...
