Economy and commerce
Investment
Nation's renewable energy options explored with assistance from China
Laos must increase understanding of the rapid development and expanding use of renewable energies and the revolution in energy production and distribution especially for technical officials responsible for the field. This was among the messages delievered at a meeting that took place in the capital ...
Investment welcomed for Lao tourism site development
Laos has huge potential in developing tourism sites, with a number of incentives introduced to boost investment in the sector. Deputy Minister of Information, Culture and Tourism Mr Ounethouang Khaophanh said investors were welcome to invest in developing and operating tourism sites in line with ...
RoK, VN eye energy partnerships
A delegation of executives from 17 energy start-ups nurtured by the Korea Electric Power Corporation (Kepco) met with their Vietnamese counterparts in HCM City yesterday (July 17) to explore business opportunities.Keep reading ...
Tokyo Gas to ferry LNG to remote islands in Southeast Asia
Tokyo Gas is starting a project to efficiently deliver liquefied natural gas to Southeast Asian nations home to many far-flung islands. In energy-hungry Southeast Asia, a number of plans are underway to construct large LNG receiving terminals in such countries as the Philippines, Indonesia and ...
Singapore’s MOSB to become first foreign oil and gas supply base in Myanmar
Myanmar Offshore Supply Base (MOSB), a Singapore company, on July 11 received the green light from the Myanmar Investment Commission (MIC) to construct an oil and gas supply base in Mon State. It will be the first foreign-run oil and gas supply base in Myanmar. ...
Myanmar should renegotiate expensive loans from China
Myanmar must renegotiate the terms to its existing loans from China, as these loans have saddled the country with the burden of repaying the loans at high interest rates, economists say. Of the US$600 million in foreign debt repayments due from Myanmar this year, interest payments, ...
Lack of accountability and clarity in SEZ Law highlighted in Dawei
An inadequate legal framework, poor implementation process, absence of accountabilities and the lack of transparency lead to violations of human rights and environmental disruption in Myanmar’s Special Economic Zones, speakers at the Myanmar Special Economic Zones Forum highlighted.Read more ...
Quảng Ngãi attracts projects worth $2.81b in H1
Dung Quất Economic Zone and industrial zones in Quảng Ngãi Province attracted eight projects worth US$2.81 billion in the first half of this year, according to the provincial People’s Committee. Keep reading ...
In Saigon, rural life clings to Southeast Asia's future financial hub
Thu Thiem’s urban transition portrays the stark contrast between what the city used to be and what it wants to become. Just across the river from Saigon’s central business district lies Thu Thiem Peninsula. The 657-hectare (1,623-acre) area in District 2 is set to become ...
The future of Thai railways: Five fundamental questions
Good public transport can fundamentally improve people’s lives. It can give people more access to economic opportunities, increase productivity and boost growth. Every day, people in Thailand use public transport to go to work, send children to schools, or visit families and relatives in the ...