Economy and commerce
Thai PM calls for Japanese firms to invest more in Mekong region
Thailand’s Prime Minister General Prayut Chan-o-cha has invited Japanese small and medium sized enterprises to invest more in the Mekong Subregion- by taking advantage of its logistic transport links, with the expectation that the region will be able to take a step forward together. Prayut spoke ...
Cambodia priced out of Filipino rice tender again
Cambodia has lost a 100,000-tonne Filipino rice bid to Vietnam, on account of a higher costs as compared to regional competitors, marking the fourth time the Kingdom has failed to win a rice tender issued by the Philippines. The Philippines National Food Authority last week awarded ...
Laos works to strengthen SMEs prior to AEC integration
Around 400 representatives from enterprises, companies, banks, and financial institutes of Laos and Thailand met in Vientiane Capital on June 16 to discuss improving Lao Small and Medium Enterprises (SME) and enhancing their competitiveness in the ASEAN Economic Community (AEC). The half-day seminar was held at the ...
Cambodia mine on track for 2016 start-up
India’s Mesco Gold (Cambodia) presented to the Cambodian Ministry of Mines and Energy that its Phum Syarung underground mine, in the northeastern province of Ratanakiri will start with initial capacity of 500 tons per day with a recovery rate of 85%. Angkor Gold discovered the epithermal gold deposit ...
China's alleged ban on Vietnamese contracts irrelevant: transport minister
In response to reports that China has prohibited state-owned companies from bidding on public projects in Vietnam, Transport Minister Dinh La Thang said the ban, if true, will have no effect on Vietnam. Thang, speaking to press on the sidelines of the National Assembly meeting, said that many Vietnamese ...
Exclusive: Myanmar drafts new foreign investment rules
Foreigners will no longer need a local partner to set up businesses in Myanmar and may be granted a five-year tax holiday from the start of commercial operations, according to the draft of a new investment law obtained by Reuters. Keep reading ...