Economy and commerce
Trade
Laos, China reaffirm links, consolidate connectivity as cooperation commission meets
Laos and China have pledged to further promote their cooperation in economic, trade and technical assistance matters, a meeting of representatives of the two sides heard in the capital yesterday. The bilateral trade volume in 2016 reached US$2.34 billion, including Lao goods exported to China ...
Shrimp exporters told to improve methods
If the shrimp industry does not change it will be unable to export and will also need to be rescued like its pork, dragon fruit and watermelon counterparts, a seminar on establishing a disease-free shrimp production chain for export heard in HCM City on July ...
Trade in pulses, sesame seeds slackens after bank accounts frozen
Mandalay businessmen said prices of pulses and sesame seeds declined after a Chinese bank decided to freeze dozens of Myanmar traders’ accounts last month, triggering a slowdown in the trade of the commodities.Read more ...
Asia-Africa cooperation as Laos, Morocco mark two decades of relations
Laos and Morocco have made satisfactory progress in bilateral relations and cooperation over the past two decades, with the two countries in Asia and Africa cooperating in various sectors, an audience in the capital heard Wednesday. Diplomats outlined highlights of the relationship to date at ...
The Chinese town at the epicenter of the global illegal ivory trade
When China announced at the end of 2016 that it would close its domestic ivory market within a year, the news was hailed as a “game changer” for African elephants, whose numbers are being driven down across the continent by poachers eager to meet the ...
How Southeast Asia can leverage China’s new Silk Road
In the deep valleys of northern Laos, the Nam Khan River – a major tributary of the mighty Mekong – slices through extraordinary scenery. Towering, mist-covered mountain ranges; a sublimely preserved Unesco heritage-listed city that was once a royal capital; rippling rice paddies and fishing ...
Pig farmers ditch task force to monitor smuggling
A private sector task force set up by Cambodia’s pig farmers to monitor live swine imports and investigate reports of illicit smuggling has been disbanded after receiving a cold reception from government officials, the initiative’s leader said yesterday.Read more ...
Belt and Road must learn from mistakes of Myitsone Dam, says academic
The success of China’s Belt and Road scheme hinges on whether Beijing can learn from the mistakes of Myitsone Dam and engage with Myanmar on an equal basis, the chair of a Singapore-based think tank told The Myanmar Times.Following the 2nd ASEAN-Myanmar Forum hosted by ...
Trump and China: implications for Southeast Asia
Before his inauguration, Chinese specialists judged that Trump, as a pragmatic businessman, could be ‘shaped’ to align with Chinese interests and would ultimately be easier to deal with than Clinton. President-elect Trump soon upended these sanguine expectations with a few gestures, comments and tweets. After ...
Australia increases ODA to Laos with education, trade development focus
Australia will increase its Official Development Assistance to Laos from AUD40.7 million in 2016-2017 to AUD42.3 million in 2017-18. The financial support announced during the Laos-Australia Portfolio Review Meeting was held on Friday, which also discussed the progress of development cooperation between the two countries.Read ...