Economy and commerce
Investment
Quảng Ninh lures additional $47 million investment
The northern province of Quảng Ninh attracted more than US$47 million in foreign direct investment (FDI) in the first six months of 2017.Keep reading ...
All EEC infrastructure plans get nod
The much-touted Eastern Economic Corridor is moving a crucial step forward after all key infrastructure development projects yesterday received the nod from the EEC policy committee chaired by Prime Minister Prayut Chan-o-cha. According to Kanit Sangsubhan, secretary-general of EEC Office, the committee yesterday approved an additional ...
State capital and major city in Chin State embrace industrial zones
Industrial zones will be built in two major cities in Chin State – Hakha and Paletwa, and local and foreign investment will be welcome, according to a state minister. U Salai I Thakin, Chin state minister for electricity, industry and road transportation, told The Myanmar Times ...
Hi-tech agriculture needs better credit policies
Better credit policies and higher consumption of farming products are necessary to ensure efficient use of funds borrowed for high-tech agricultural projects, experts said at a seminar in Hà Nội yesterday.Keep reading ...
HCM City to help firms join Samsung’s global supply chain
HCM City is ready to work with Samsung to boost the capacity of local enterprises in support industry, said Nguyễn Thiện Nhân, Secretary of the municipal Party Committee.Keep reading ...
Funds needed for hi-tech agriculture
Agricultural productivity and quality should be increased by investing more in innovation and strengthening links between all stakeholders, including farmers, enterprises and research institutes, experts say. At a seminar held in Hà Nội on Tuesday, they also said that access to land, capital and markets were ...
Japan's Daiwa to buy into Myanmar internet provider
Daiwa Securities Group will invest nearly 700 million yen ($6.26 million) in Myanmar internet service provider Frontiir with the hope of cashing in on abundant growth potential. Daiwa PI Partners will purchase newly issued shares, obtaining a stake of nearly 10%. Founded in 2013, the ...
Demarcation complete, Luang Prabang eyes investment to push SEZ project ahead
Development of a US$1.2 billion special economic zone (SEZ) in Luang Prabang province has faced delays attributed to project demarcation now completed while its developer seeks further investment and financial backing. The plans for the zone include a 23-storey building, schools, hospitals, shopping centre, bank, ...
China’s squeeze on capital outflow felt in Cambodia
Stringent capital controls imposed by China’s central bank last November that scrutinise the outbound flow of money from the mainland have created uncertainty for Chinese investors looking at the Cambodian market and could jeopardise future and existing projects.Read more ...
Land-locked Laos on track for controversial China rail link
Construction of a 414 km railway line linking China to mainland Southeast Asia through Laos is underway in Phonesai village, about 30km north of Luang Prabang, the country’s ancient former capital and modern-day tourism center. A workers’ dormitory has been built under a banner in ...
