Government

ASEAN's real GDP grows 4.6pc in 2014

ASEAN’s real Gross Domestic Product grew 4.6 per cent to reach US$2.57 trillion in 2014. The sustained growth in GDP led to an increase in the GDP per capita from US$3,908 in 2013 to US$4,130 in 2014, ASEAN Secretariat said in a statement. Keep reading ...

ASEAN puts last touches to economic community

With most of the high-priority measures in the ASEAN Economic Community (AEC) blueprint already adopted, policymakers and businesses need to work closely on the remaining challenges to achieve benefits of full economic integration beyond 2015, a new report recommends. The report from Ernst & Young, titled ...

Vietnam shares budget problems with Laos, Cambodia, Myanmar

Budget decisions and oversight were among the subjects discussed by representatives from Vietnam, Laos, Cambodia and Myanmar together with foreign experts at a joint workshop that opened in the central coastal city of Da Nang on 17 August. Keep reading ...

Cambodian opposition senator faces up to 17 years in prison for Facebook post

A Cambodian opposition senator could be jailed for 17 years after a court charged him on 16 August over the posting of a disputed document on social media about the border with Vietnam. Senator Hong Sok Hour was arrested on 15 August. Keep reading ...

Influential leader in Myanmar is removed as head of governing party

The head of Myanmar’s governing party has been removed from his post in what one aide described as a “coup,” the most visible sign yet of splintering within Myanmar’s military elite and the resurgence of conservative forces that dominated under decades of military rule. The removal ...

Opposition senator arrested after Hun Sen’s order

Opposition Senator Hong Sok Hour was arrested at the CNRP’s Phnom Penh headquarters on the morning of 13 August, little more than an hour after Prime Minister Hun Sen delivered a speech ordering police to apprehend him over a Facebook post, his party leader in the ...

Turmoil in Myanmar's military-backed ruling party as leaders are deposed

Myanmar security forces have surrounded the headquarters of the ruling Union Solidarity and Development party in the country’s capital, Naypyidaw, and senior regime figures have been removed from their posts, as tensions mount ahead of elections in November. Sources within the headquarters of the USDP – which ...

Thailand's public debt drops to 42% of GDP

Thailand’s public debt fell slightly to 42.36% of gross domestic product, or 5.68 trillion baht, on June 30, according to the Finance Ministry.  At the end of May, the figure was 5.69 trillion baht, or 42.58% of GDP. Keep reading ...

USDP newspaper suspended amid political shake-up

Amid a flurry of speculation and rumor about Myanmar’s ruling Union Solidarity and Development Party (USDP) after two of its top leaders were unceremoniously ousted on 12 August, the party’s private media house has been indefinitely shut down. Keep reading ...

Myanmar President Thein Sein ousts ruling party chairman ahead of elections

Myanmar President Thein Sein has moved to consolidate his power in the country’s ruling Union Solidarity and Development Party (USDP) by forcing out his chief rival Shwe Mann as party chairman, months ahead of a November general election. Shwe Mann was removed from his position as ...

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