Economy and commerce
Co-operation orientations within APEC to be presented to ministers, leaders
A number of strategic documents that orient long-term co-operation within the Asia-Pacific Economic Co-operation (APEC) region over the coming decades will be presented to the bloc’s ministers and leaders this week, according to Chair of 2017 APEC Senior Officials’ Meeting (SOM) Bùi Thanh Sơn.Keep reading ...
VNS staff
Laos, Mekong countries discuss challenges to economic development
The 41st Southeast Asia Seminar of Economic Development in Laos and the GMS is being held at the Faculty of Economics and Business Management of the National University of Laos (NUOL) from November 2-7.The event is being attended by NUOL Vice President Associate Professor Dr Houngphet ...
Vientiane Times staff
"APEC VIETNAM 2017" – Fostering a shared future in a changing world
Vietnam President Trần Đại Quang wrote an article entitled “APEC Vietnam 2017 – Fostering a shared future in a changing world” just ahead of the APEC 2017 Economic Leaders’ Week, which is taking place in the central city of Đà Nẵng, Vietnam, from November 6-11 Keep ...
Tran Dai Quang
Cambodia clampdown threatens Chinese interests
[] US President Donald Trump’s government, after all, had pledged to deeply cut development aid to several developing countries, including Cambodia, even before recent political tensions mounted.But the US and EU remain Cambodia’s largest trading partners and possible economic sanctions on the Southeast Asian nation, which ...
David Hutt
Thailand’s PTTGC eyes Bt2bn-3bn plastics sales from CLMV markets
Thailand’s PTT Global Chemical aims to generate sales of baht (Bt) 2bn-3bn ($60m-90m) from neighboring countries, Cambodia, Laos, Myanmar and Vietnam (CLMV), as it makes investments to boost the region’s plastics industry, the company’s president and CEO Supattanapong Punmeechaow told ICIS. Keep reading ...
Pearl Bantillo
China’s cooling economy is a warning for ASEAN
As China heads into its Party Congress next week, concerns have been surfacing over the past few months about the state of the world’s second-largest economy, which has implications not just for Beijing but also neighboring Southeast Asian states. The recent downgrading by Standard & Poor’s (S&P) ...
Luke Hunt
Dept open to ideas on new Customs law
Investors remain unconvinced that the new Customs law will facilitate faster clearance of goods even as the Customs Department chief promised to be open to feedback from the business community. [] Thailand has been promoting trade and investment in CLMVT (Cambodia, Laos, Myanmar, Vietnam, Thailand) for ...
Wichit Chaitrong
Mega First unit secures RM634m loan for Laos hydro power project
Mega First Corporation Bhd has secured loan facilities totalling US$150mil or RM634.87mil to part finance the building of its Don Sahong hydropower project in Laos.It said on Tuesday its unit Mega First Investments (L) Ltd had entered into facility agreements with various financial institutions for club ...
Joseph Chin
People-centred ASEAN: not quite there
ASEAN has come a long way since its founders signed the Bangkok Declaration half a century ago. Like any organic body, it has evolved and adapted to stay alive and relevant. The following is a broad summary of key transformations over the past five decades ...
Hoang Thi Ha
TMB and IMG over merger and acquisitions help to Thai companies
TMB Bank and ING Corporate Finance Asia have announced a partnership to provide a full range of services to Thai companies seeking to expand across borders through merger and acquisitions. [] The partnership would help companies across a broad range of industry sectors to expand in ...