Economy and commerce
Vietnam opens airport investment
Vietnam’s government will allow private and foreign investors to provide services at Vietnamese airports for the first time this December. Thanh Nien News reported that new legislation, which will take effect 12 December, will allow private investors to purchase rights to manage airports and provide some ...
October inflation declines for 10th month
Annual headline consumer prices declined for a 10th consecutive month in October, due mainly to low oil prices, providing the central bank room to keep interest rates low to support to support a weak economy. Keep reading ...
Thailand looks to start building own military weaponry
Thailand’s defence industry has advanced to such an extent it could begin developing its own equipment through partnerships with the private sector, Deputy Prime Minister for security affairs said on October 2, 2015. Keep reading ...
Asia stocks fall on China factory data
Asian stocks dropped on Monday, after their best month since May 2009, as industrial companies declined following data signalling a contraction in Chinese manufacturing. Keep reading ...
Laos exported 50,000 workers last fiscal year
Laos exported as many as 50,712 workers in the fiscal year that ended in September, including 27,176 females, official statistics show. Most of the workers obtained jobs in Thailand, while just over 50 people found employment in Japan, according to statistics from the Ministry of Labour ...
‘We’re not independent enough’ – ASEAN rights body
It’s now six years old, but few know what the ASEAN Intergovernmental Commission on Human Rights (AICHR) does. It has been called toothless, though its creation was seen as a step forward given the principle of non-interference in the 10-member Association of South-east Asian Nations ...
Rice market gains momentum
The rice market is expected to continue gaining ground in export, as the Philippines plans to import a million tonnes in early 2016. The announcement comes on the back of winning previous bids to sell 450,000 tonnes of rice to the Philippines and a million ...
Cambodia pins economic hopes on AEC
Cambodians are expecting a ‘seamless transition’ when the ASEAN Economic Community is launched in two months and hopefully heralds a second investment wave, capable of transforming this country’s pool of unskilled labor into a manufacturing hub. The first investment wave followed Cambodia’s ascension to the World ...
Vietnam's Quang Tri province seeking $4b investment
The central Quang Tri Province intends to request a total investment of VND87 trillion (nearly US$4 billion) in its 18 projects in key sectors at an investment promotion conference in November. Speaking at a meeting with 20 investors held here on 28 October, Nguyen Van Hung, ...
Lao Government to negotiate for lower interest-rate rail loan
The Lao Government has entrusted a committee in charge to negotiate with China to lower the interest rate of a loan Laos intends to borrow from China to develop the planned Laos-China rail project. Minister of Public Works and Transport Dr Bounchanh Sinthavong told the recent ...
