Economy and commerce
Trade
Deal struck to curb Thai, Lao car fumes
The Thai and Lao pollution control agencies have agreed to work together to reduce air pollution caused by vehicles in the two countries, especially at border checkpoints. A meeting attended by officials from the two countries was held last Thursday near the border post in Nong ...
Thailand scraps new economic zones and plans regional linkups
The Thai government is revamping its special economic zone strategy and pushing for links with those in neighboring countries, hoping to improve access within the region and secure tariff-free entrance for its goods into the European Union. Keep reading ...
Striving for safer passage of goods
The European Union (EU) has commissioned Thailand to conduct training workshops for the transportation of dangerous goods in the Greater Mekong Subregion (GMS), as part of a move to get the entire sub-region to adopt United Nations-based safety regulations for road-based logistics operations. Keep reading ...
Completion date set for EU dangerous goods training
German International Cooperation (GIZ) says it expects to complete its training project for freight transport and logistics in dangerous goods in more than 80 companies in five Asean countries by the end of this year. With financing from the EU, the “Sustainable Freight and Logistics ...
Trade war: Will ASEAN be next?
The United States (US) is not stopping with China; it has threatened or engaged in trade wars with Canada, Mexico and the European Union (EU). Could ASEAN member states also be on US President Donald Trump’s list of targets? Keep reading ...
The US-China trade war could wipe 0.2%-0.3% of Asean's GDP
The ongoing trade war between US and China, two of the largest economies in the world, could wipe out about 0.2% to 0.3% of the Asean region’s gross domestic product (GDP), says ASEAN+3 Macroeconomic Research Office (AMRO) chief economist Dr Khor Hoe Ee. Keep reading ...
Can Southeast Asia weather a trade war?
In the face of growing economic protectionism, undergirded by a trade tiff between the United States (US) and China, Southeast Asian economies are bracing for the impact from a possible economic fallout. Over the past few months, US President Donald Trump has not minced his ...
At Thailand-Laos Border, A Shadow Economy Thrives
A silhouette of the casino’s golden domes and gaudy crown appears in the distance, standing out like a sore thumb against the landscape of lush tropical hills in this northwestern corner of Laos. The Ton Pheung district is part of a special economic zone (SEZ) ...
Vientiane conference links VN, Lao firms
Nearly 100 businesses from Việt Nam and Laos gathered at a conference in Vientiane on Friday to seek partnership opportunities, an activity within the framework of the Laos-Việt Nam Trade Fair 2018. Keep reading ...
Executives call for use of local currencies at borders
Business leaders from the lower Mekong River are calling for their governments to use local currencies for border region trade to facilitate transactions and reduce exchange costs. Keep reading ...