Economy and commerce

Mega First Corporation Bhd has secured  loan facilities totalling US$150mil or RM634.87mil to part finance the building of its Don Sahong hydropower project in Laos.It said on Tuesday its unit Mega First Investments (L) Ltd had entered into facility agreements with various financial institutions for club ...

ASEAN has come a long way since its founders signed the Bangkok Declaration half a century ago. Like any organic body, it has evolved and adapted to stay alive and relevant. The following is a broad summary of key transformations over the past five decades ...

TMB Bank and ING Corporate Finance Asia have announced a partnership to provide a full range of services to Thai companies seeking to expand across borders through merger and acquisitions. [] The partnership would help companies across a broad range of industry sectors to expand in ...

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 ...

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 ...

[] “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 ...

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 ...

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 ...

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   ...

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 ...