Economy and commerce
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 ...
Vietnam PM encourages Myanmar to grant licences to Vietnamese banks
Prime Minister Nguyen Tan Dung suggested Myanmar to consider granting licences to the Bank for Investment and Development of Vietnam to open branches in Myanmar. The Prime Minister received Governor of the Central Bank of Myanmar Kyaw Kyaw Maung in Hanoi on 6 August during his ...
Thai PM coy on plans to join TPP
Prime Minister Prayut Chan-o-cha on 7 August poured cold water on a call by an American business lobby group urging Thailand to join the controversial Trans Pacific Partnership (TPP) trade pact. The premier said the pros and cons of the new trade bloc need to be considered ...
CP, ThaiBev line up for Thailand train deals
Charoen Pokphand Group, Thailand’s largest agro-industrial and food conglomorate, will propose a 150-billion-baht investment plan for a high-speed train linking Bangkok, Pattaya and Rayong this month, Transport Minister Prajin Juntong says. Keep reading ...
Vietnam's fast rising property market leaves hard times behind
Brought to its knees when its property market bubble burst four years ago, Vietnam is riding into another boom, with construction starting in Ho Chi Minh City on two of the world’s tallest skyscrapers and buyers snapping up new projects fast. The speed of the market’s ...
China manufacturing index hits two-year low: survey
A key gauge of Chinese manufacturing activity plunged to a two-year low in July, an independent survey has showed, the latest data suggesting the world’s second-largest economy faces challenges in the third quarter. The final reading of Caixin’s Purchasing Managers’ Index came in at 47.8 for ...
Foreigners flee Thai stocks
Foreign investors are selling Thai stocks at the fastest pace this year as the nation’s military government struggles to deliver on pledges to revive economic growth. Overseas funds unloaded a net $774 million of Thai shares in July as the benchmark Stock Exchange of Thailand Index ...
