Government
Vietnam's FPT to invest in Myanmar financial switching system
FPT Corporation has been selected by Myanmar Payment Union as the prime investor to implement a national financial switching system, the company said on 1 August. The entire financial switching system will be funded and implemented by FPT in a year. Currently, over 95 percent of transactions ...
Thailand's central declares $89.6 mln tax on Big C Vietnam deal: report
Thai retail giant Central Group has declared around US$89.6 million in tax on its acquisition of Vietnam’s biggest foreign-owned supermarket chain Big C, local media reported. Big C Vietnam, which declared the tax on behalf of its new owner, has paid $17.03 million of the amount, ...
Upcoming ASEAN forum must listen to Lao civil society
The ASEAN Civil Society Conference/ASEAN Peoples’ Forum which is to take place on 2 August in Dili, Timor-Leste appears to be clouded by uncertainty and fears. Concerns have emerged as there have been no indications that the three-day meeting, as stated during preparatory events in March and ...
Laos - China’s gateway to Southeast Asia
Situated in Laos’ Luang Namtha province, Boten is China’s gateway to Southeast Asia and will be a critical link in both the North-South and East-West economic corridors. In terms of the North-South corridor, it is the transit point for the Kunming-Bangkok Expressway, which passes across ...
What lessons can Southeast Asia learn from ‘Brexit’?
Keith Richburg is the director of the Journalism and Media Studies Centre at the University of Hong Kong. He spent more than two decades as a foreign correspondent for the Washington Post covering Africa, Europe, China and Southeast Asia, making his first visit to Cambodia ...
More aid earmarked for Myanmar
Australia has pledged an extra $12 million in humanitarian assistance to Myanmar to help address the legacy of civil war and natural disasters. Foreign Minister Julie Bishop made the announcement after meeting with her counterpart and democracy icon Aung San Suu Kyi.Keep reading ...
Sanctions help Asian banks gain foothold in Myanmar
AT the CB Bank branch in the Thilawa Special Economic Zone near Yangon, there’s a dedicated “Japan desk”, where an employee of the Bank of Tokyo-Mitsubishi UFJ sits to handle any Japanese corporate business that comes their way. The Japanese bank’s presence at Thilawa is no ...
China and Laos say their rail project is on track
China and Laos are both committed to a high-speed rail project linking the Chinese southwestern city of Kunming with the Lao capital of Vientiane, officials from both countries said, and the project will go ahead despite delays. The line should eventually stretch through Thailand and Malaysia ...
Golden Triangle to be 'sealed off
Thailand and Myanmar will join hands in anti-drug operations by “sealing off” the Golden Triangle, the notorious drug-producing region, along with developing border villages in the fight against drugs. The two countries on the need to go ahead with both suppression and prevention of the ...
MPs and human rights commission spar
Parliamentarians criticised the Myanmar National Human Rights Commission on 28 July, while discussing a report, about the commission’s work over the last year. The commission has been working to get human rights curriculums in primary schools and law schools across the country. Amyotha Hluttaw MP U ...
