Economy and commerce
Investment
CSOs call for greater transparency in Tanintharyi developments
A Coalition of local residents has criticised two Myanmar companies and a Chinese firm for announcing plans for a number of development projects in Tanintharyi Region. In a statement issued on December 14, the residents also attacked the local ethnic armed group, the Karen National ...
TPP still of value to Vietnam
It is too soon to evaluate the impact on Vietnam if the TPP is not ratified but the country has other valuable options available, a conference in Hanoi on December 14 heard. Trade with other members may be possible, conference hears, and there are other trade ...
Education, skills key to graduation from LDC status
Moving out of Least Developed Countries status requires raising people’s education and skill level as well as improving their health. The matter was stated by Deputy Minister of Planning and Investment, Dr Kikeo Chanthaboury during the conference on launching related issues, held in Vientiane on ...
Land survey for Royal’s K Rong project begins
Authorities on Preah Sihanouk province’s Koh Rong island on December 13 started measuring out a land concession given to the Royal Group, which is building a five-star hotel and resort, in order to allow the company to develop the area and to provide plots to ...
EU pressure effective?
In recent years, communities displaced by sugar plantations have attempted to reclaim their land by targeting the plantations’ investors and buyers overseas, but a study published last week in the peer-reviewed Journal of Civil Society suggests such efforts may disappoint. Author Young Sokphea notes that ...
Peach to debut Bangkok route
Peach Aviation, the Japanese no-frills carrier, will launch the first non-stop air link between Bangkok and Okinawa in February. The route, which was first mulled by the airline back in 2013, is set to become reality with its maiden flight from the southern Japanese island ...
Multi-million dollar project could spoil historic Hoi An town
The implementation of a series of projects on the beach dunes near Hoi An will create challenges for Hoi An in its path for sustainable development. In March 2008, after getting the nod from the Quang Nam provincial People’s Committee, Gami Hoi An JSC started ...
Tourism investment up despite drop in visitors
The number of foreign travelers visiting in Myanmar is down on 2015, but foreign investment in the tourist sector shows a 15 percent increase, according to data from the Ministry of Hotels and Tourism. Although officials caution that investment decisions should be based on the ...
PM supports chamber for highest business role
Prime Minister Thongloun Sisoulith has expressed his full support for the Lao National Chamber of Commerce and Industry to serve as the highest body in the mobilisation of potential for the country’s development. The PM offered his support in response to the proposal of the ...
Thailand attempts to revive weakening economy
Thailand’s government plans to allocate an additional $5.3 billion this fiscal year to investment projects in provincial areas, in what appears to be a major effort to appeal to the rural population and kickstart economic growth after several years of stagnation. High household debt, dropping ...
