Trade
Imports
As America retreats, Asia is the last hope for free trade
Fukunari Kimura, a professor at Keio University and an expert in Asian trade, indicated in a Nikkei interview that the Regional Comprehensive Economic Partnership, a proposed free trade agreement, should be a stronghold of free trade, since the Trans-Pacific Partnership has suffered a setback with ...
VnSteel aims to increase revenue by VNĐ800 billion
Vietnam Steel Corporation (VnSteel) aims to earn a consolidated revenue of US$835.5 million in 2017, an increase of VNĐ800 billion from 2016. It will produce around 2.4 million tonnes of steel billets this year, up 17 per cent from 2016, VnSteel said. To accomplish these ...
Location earmarked for Laos-Cambodia bridge
Lao and Cambodian officials have earmarked a location for the planned bridge across the Xelamphao River linking Laos and Cambodia to encourage people-to-people visits and boost tourism in the region. The bridge will link Nonyang village in Mounlapamok district of Laos’ southernmost province of Champassak ...
Thai-Myanmar talks due
Deputy Prime Minister Somkid Jatusripitak will be leading major Thai businesses to meet a team of Myanmar officials and businesses to seek further cooperation in developing industrial estates in Myanmar and border trade operations on Feb 3-4. Industry Minister Uttama Savanayana said the Thai business ...
Economy expected to average 7.1 percent growth over next three years
Myanmar’s economy is expected to grow by an average of 7.1 percent per year in the next three years, amid easing inflation and a rise in investments in infrastructure and sectors such as light manufacturing and hospitality, the World Bank said in a report on ...
An economic success story: How Vietnam became Southeast Asia’s top performer
Vietnam’s remarkable economic progress looks set to continue in the coming years, despite a regional slowdown which has affected other states in Southeast Asia. Its increasingly diversified and resilient economy has grown at a healthy rate – of above 6 percent – in each of the last ...
Japan cold to China in TPP
Japan is cold to the notion of inviting China to join a pan-Pacific trade pact abandoned by US President Donald Trump, fearing such a step would boost Beijing’s clout and water down what was meant to be the “gold standard” for rules of trade. Nor are ...
A ripe market for avocados
Avocados have never been a big part of the Khmer diet, making infrequent appearances in dessert dishes or drenched in condensed milk as a smoothie. But a small local market for the green pear-shaped fruit is forming, and experts say it could be a profitable ...
Laos buys fewer Thai goods after VAT at Friendship Bridge
Laotians have spent less money on goods in Thailand after Vientiane imposed a 10% value-added tax late last year, a Lao customs official said on January 26. Soutchai Inthavong, deputy chief of the customs international checkpoint at the Friendship Bridge, said the number of Laotians ...
Bridge crossing nets 98 million kip from Value Added Tax
Customs checks at Lao-Thai Friendship Bridge in Vientiane have netted the country over 98 million kip via the 10 Percent Value Added Tax since implementation of stricter controls in late 2016. Deputy Head of the Customs International Checkpoint under Lao-Thai Friendship Bridge, Mr Soutchai Inthavong ...
