Economy and commerce
Cambodia and China to sign MoU on nuclear technology
Cambodia and China are close to the signing of an agreement that will bring Cambodia a step closer to developing its own nuclear technology for peaceful purposes, according to The Phnom Penh Post Online.Keep reading ...
In ASEAN’s fastest-growing market, SME development barred by obstacles
Local small and medium-sized enterprises (SMEs) in ASEAN’s fastest-growing market are unable to develop and grow because they are bogged down by a slew of bureaucratic and administrative difficulties, business leaders and politicians said.Read more ...
Myanmar opts for domestic power generation despite neighbours’ offers
Plans are underway to generate electricity from local power plants even though some neighboring countries – China, Thailand, Laos and India – have offered to sell their electricity to Myanmar, Deputy Permanent Secretary U Myint Soe of the Ministry of Electricity and Energy (MOEE) told ...
Fast trains to nowhere in Southeast Asia
China’s Foreign Minister Wang Yi urged Thailand on a July 24 visit to strengthen “cooperation in the construction of the China-Thai railway,” calling the kingdom “a very important partner” in China’s One Belt One Road initiative. Yi did not make clear, at least in his ...
Đà Nẵng lists 68 PPP projects for investment
The central city has listed 68 Public-Private-Partnership (PPP) projects, of which 22 in High-Tech industries, for calling investment from domestic and foreign businesses in 2017-20.Keep reading ...
Myanmar can raise value, volume of agriculture exports by going organic
Myanmar has potential to develop an organic market that will help to boost the value of local crops produced for export purposes and farmers’ standards of living. In fact, farmers in Myanmar already use less chemical fertilisers and pesticides compared to their neighbours, yet many are ...
RAOT working to boost rubber futures
The Rubber Authority of Thailand (RAOT) has joined five rubber traders to set up a 1.2-billion-baht fund to invest in paper rubber traded on the Thailand Futures Exchange (TFEX), aiming to boost anaemic volume in rubber futures. Keep reading ...
Chinese investor rings up majority stake in ETL
China’s Comba Telecom has vowed to provide Lao users with improved service and mobile experiences after it successfully acquired a majority stake in Laos’s ETL Public Company and stepped up its management improvement efforts. The Chinese investor bought a 51 percent stake while the Lao ...
Tax exemptions on diamonds, emeralds and gold approved
The Pyidaungsu Hluttaw agreed on Tuesday to stop levying special commodity tax on diamonds and emeralds, as well as commercial tax on gold nuggets. “As those items should be exempted from taxes, Hluttaw agreed to it.” Public Account Joint Committee Member and Kayin State, Hlaing Bwe ...
Fast train linking 3 airports awaits bids
The latest feasibility study on building a high-speed train to link the three airports of Don Mueang, Suvarnabhumi and U-tapao in nearby Rayong province has been completed. The 280-billion-baht project is due to open for bidding later this year or in early 2018.Keep reading ...
