Economy and commerce
Thailand, Laos target $8 bn in trade
Thailand and Laos are set to boost bilateral trade to US$8 billion (Bt250 billion) in the next three years, driven mainly by closer cooperation under Asean integration and the setting up of special economic zones. According to the Thai Commerce Ministry, Thai-Laotian bilateral trade rose by 14.32 ...
Investors pessimistic about Thai market outlook
Investors expect Thailand’s capital market will decline to bearish levels over the next three months in line with poor sentiment in the economy. The latest investment sentiment survey for the three months ending 31 Oct is at 57.27 points, a 41.7% fall from last month’s level of 98.28 ...
Gaming firm gaining momentum with slot machines
US-listed gaming operator Entertaining Gaming Asia (EGA) has recovered from last year’s losses and recorded a profit during the second quarter of 2015. Along with sales of its gaming products, including poker chips and gaming plaques, the company attributed much of the increase to a boost ...
Rubber oversupply causes price slump in Laos
As rubber plantations mature and the trees are ready to be tapped, Lao growers stand to face a substantial loss amid a slump in the rubber price on the world market. A respected Lao researcher says poor assessment of the market prior to planting the trees ...
Vietnamese companies favor Laos, US for overseas expansion
Vietnamese companies pledged US$155.4 million for their investment projects in 22 countries and territories around the world in the first half of this year, the Foreign Investment Agency recently reported. The Ministry of Planning and Investment licensed 47 new projects. Keep reading ...
Gold prices unchanged at B18,200
Thailand’s Gold Traders Association have announced buying prices at 17,843.32 baht per baht weight for gold ornaments. Keep reading ...
Cambodian youth fear joblessness
Unemployment is the top worry for Cambodian youth, according to a survey released on 7 August. Almost half – 49 per cent – of 630 people surveyed across the country cited unemployment as their main concern in the survey conducted by the Youth Committee for Unity ...
Overseas Vietnamese granted import tax exemption on used cars
According to a new Government decree, a tax exemption on used cars imported to Vietnam has been given for Viet kieu (Overseas Vietnamese), who are intellectuals, experts and skilled workers. Keep reading ...
Vietnamese Government to create most favourable conditions for Malaysian investors
Vietnam always welcomes and will create the most favourable conditions for Malaysian investors and those from other ASEAN member states to do business in the country, Prime Minister Nguyen Tan Dung affirmed at the dialogue with members of the ASEAN Business Club and Malaysian enterprises ...
Thailand's IEA signs deal for largest ASEAN wind farm in south Laos
Thai renewable company Impact Energy Asia (IEA) plans to build the largest wind farm in ASEAN – and generate 600 megawatts on 400,000 rai in southern Laos – under an agreement signed by the Lao government and the company on 7 August. “Called Monsoon Wind Farm, the US$1.5 ...
