Prime Minister tightens amity with Cambodian royal family

Prime Minister Nguyễn Xuân Phúc visited Cambodian King Norodom Sihamoni upon his arrival in the country yesterday. At the meeting, PM Phúc expressed his pleasure to visit Cambodia when the two countries are celebrating the 50th anniversary of diplomatic relations. He lauded socio-economic achievements Cambodia ...

Deputy PM urges central localities to complete compensation to locals

Deputy Prime Minister Trương Hoà Bình has urged the four central coastal localities affected by last year’s environmental incident to complete compensation by June 30 this year. He made the request at the seventh meeting of the Steering Committee on stabilising the lives and production ...

AVA to provide robo-advisory app to investors

AVA Advisory has announced that it will make available an app for download next month that allows investors to access robo-advisory services with their smartphones. Nirun Pravittana, chief executive of AVA Advisory, said the application was a robo-adviser with artificial-intelligence technology to help investors increase ...

Shifting realities offer Thai tourism new opportunities

“Shifting Realities – New Opportunities” is one of 12 key topics for discussion at the 2017 WTTC (World Travel and Tourism Council) Global Summit, which will take place in Bangkok for two days beginning tomorrow. Hosted by the Tourism Authority of Thailand, the summit is ...

Big Thai banks post profit rise for three straight quarters

Thailand’s four largest banks by assets saw their combined net profits rise for the third consecutive quarter in January to March, helped by lower provisioning for future defaults. Although this is a sign that lenders foresee an improvement in Thailand’s long sluggish economy, some analysts ...

ASEAN easing stance on China's maritime encroachment

As leaders of Southeast Asian nations prepare to meet for an annual summit starting Wednesday, their collective stance against China’s territorial ambitions appears to have grown markedly softer, reflecting delicate balancing acts by countries vying for economic assistance from Beijing.Keep reading  ...

China slowdown affects Phongsaly investment

Private sector investment in Phongsaly province in the far north of Laos has witnessed a slowdown since the economic setback in China driving down the prices of several products. The decline in global demand, particularly in China has discouraged entrepreneurs from that country coming to ...

Startups discuss local challenges

Cambodian startups currently face several regulatory challenges in pursuing growth and profitability, according to three of the Kingdom’s most successful startup founders who shared their experiences over the weekend with the hope to inspire increased innovation and entrepreneurship. A key outtake from the event organised ...

Publish list of unlisted, equitised SOEs: deputy PM

Deputy Prime Minister Vương Đình Huệ has ordered all relevant agencies to publicise the list of equitised State-owned enterprises not listed on the stock market as of December 31, 2016. He issued the order in a meeting on Friday. According to the Ministry of Finance, ...

Ten banks see profits rise 8%

Ten banks have announced that their combined net profit in the first quarter of this year was Bt55.71 billion, up 8 per cent from the same period of last year, thanks to increases on both interest and non-interest income. Most of their non-performing-loan ratios in ...

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