Imports

The representative of the United Nations Development Program has called on the Duterte administration to adopt the UN’s Sustainable Development Goals, saying it would help make a difference in poverty reduction and socioeconomic development. UNDP country manager Titon Mitra told reporters the Philippines would be able ...

Three years ago Chinese Premier Li Keqiang outlined a roadmap for a shared “diamond decade” in the relations between China and the Association of Southeast Asian Nations, and pledged to expand bilateral trade to $1 trillion and two-way investment by $150 billion by 2020. Given ...

Despite the strong economic growth of Cambodia, Laos, Myanmar and Vietnam, very few Thai companies have sought to capitalise on their economies, say government and industry officials. The Industry Ministry’s Department of Industry Promotion found only a few large enterprises such as PTT Plc, the ...

Vietnam pledges continued efforts to foster the Mekong-Japan cooperation for the sustainable development, peace, stability and prosperity in the region, Prime Minister Nguyen Xuan Phuc has affirmed. The Vietnamese Government leader made the statement in Vientiane, Laos on September 7 while attending the 8th Mekong-Japan Summit ...

Leaders meeting at the 28th ASEAN Summit in Vientiane on September 6 adopted the Master Plan on ASEAN Connectivity 2025. Lao Minister of Foreign Affairs Mr Saleumxay Kommasith, who is Chair of the ASEAN Coordinating Council that oversees connectivity matters for the regional body, said the Master ...

Bank of China, one of the five biggest state-owned commercial banks in China, will expand its operations in Cambodia by opening new branches in Siem Reap and Sihanoukville, a local bank executive said on September 6. Chen Chang Jiang, CEO of Bank of China Phnom Penh ...

A new economic order will emerge by 2030, with Southeast Asia taking on a central role, Laotian Prime Minister Thongloun Sisoulith told business leaders in his nation’s capital on September 5. “Studies have shown that the ASEAN economy is expected to grow at 7% per annum, ...

Viet Nam should enhance clean and renewable energy resources as well as promoting energy saving, said Le Tuan Phong, deputy director of the General Directorate of Energy under the Ministry of Industry and Trade. Statistics from the agency showed that average energy demand in Viet Nam ...

China is revisiting its periphery with a new, localized approach to regional multilateralism. China is revisiting the importance of its peripheries for engaging with its neighbors according to its ambitious economic plans. Beijing’s new approach is a top-down regulatory regionalism in exploring economic engagement with the neighborhood, particularly Southeast ...

The Chin State government will focus on developing three main areas of the local economy over the next five years – trade, small and medium enterprises, and tourism – according to the state minister for development, electricity and industry. Local officials will work with the Union ...