Economy and commerce
Laos closing Bt14 bn bond deal to fund infrastructure
LAOS has issued Bt14 billion in bonds in the Thai capital market in a placement that closes today, said Adisorn Singhsacha, founder and managing director of Twin Pine Group Co Ltd, a financial adviser on the deal.The issuance, by the Lao Finance Ministry, marks the ...
Somluck Srimalee
Myanmar publishes first socio-economic report for investors
The Directorate of Investment and Company Administration (DICA) in partnership with the German Corporation for International Cooperation (GIZ) have published a detailed report entitled The Socio-Economic Atlas of Myanmar.For the first time, the report will provide official details and statistics on Myanmar’s geography, population and climate ...
Htin Lynn Aung
World Bank cuts growth forecast for Myanmar amid slowing investments
[] “Myanmar’s macroeconomic environment remains stable, though economic growth is slowing to 5.9pc in 2016-17 compared to 7pc in 2015-16, weighed down by slower investment demand,” the Washington-based lender noted.Despite notable reforms and strong foreign investment commitments, investment demand decelerated as private investors bided their time ...
Thompson Chau
Thailand warned over firms fleeing abroad
Political uncertainty over planned reforms and public infrastructure projects are perceived as the top concerns for investors considering doing business in the country, according to the World Bank’s latest Thailand economic monitor. As Thai companies spend less at home, they are shifting to invest in opportunities ...
Jesus Alcocer
Mekong Delta seeks investors for 57 projects
The Mekong Delta will introduce 57 projects requiring more than VND183 trillion (US$8.05 billion) that are awaiting investors at an investment promotion conference scheduled to take place in Can Tho City on October 25.[] 24 of these projects are for tourism development and require total ...
Trung Chanh
Southeast Asia faces more currency risk than rest of region, World Bank says
Malaysia, and to a lesser degree Indonesia, Thailand and the Philippines, remain more exposed to exchange rate risk than other developing economies in East Asia and the Pacific as global financial conditions tighten, the World Bank said. Keep reading ...
Karl Lester M Yap
Southeast Asia is world's hotspot for land disputes: report
Businesses in Southeast Asia are increasingly counting the cost of land grabs, more than half of which result in delayed projects and nearly three-quarters of which lead to lawsuits, according to a wide-ranging research report. Out of a sample of 51 major land disputes surveyed across ...
Simon Roughneen
Southeast Asia banks urged to amend environment policy
Banks and regulators in Southeast Asia should strengthen financial-sector rules and guidelines to promote funding for environment-friendly projects in a region threatened by deforestation and climate change, the World Wildlife Fund said. Keep reading ...
Chanyaporn Chanjaroen
Thailand seeks to change FTA with China
Thailand is seeking a review of the Thailand-China free trade agreement as the 0% import duty for electric vehicles could derail the country’s plan to attract foreign manufacturers. Keep reading ...
Wichit Chanthanusornsiri
Conference connects Japanese, Mekong Delta firms in environment business
[] The event drew 60 local government officials and representatives of more than 80 firms from 13 Mekong Delta localities and eight Japanese firms specialized in waste and wastewater treatment, irrigation, aquatic farming, agriculture, husbandry and chemicals. Keep reading ...
Vietnam Plus News Staff