Infrastructure
ICT minister to hold meetings on satellite industry reform
The Information and Communications Technology Minister Uttama Savanayana, on September 12, will hold a meeting with relevant state agencies to discuss ways to reform the satellite industry, following the Cabinet’s recent acknowledgement of its reform proposal. The reform includes the ministry’s plan to bring the existing ...
Competition and bidding wars between Chinese firms impairs ASEAN trade and investment
Three years ago Chinese Premier Li Keqiang outlined a roadmap for a shared “diamond decade” in the relations between China and the Association of Southeast Asian Nations, and pledged to expand bilateral trade to $1 trillion and two-way investment by $150 billion by 2020. Given ...
Campaign to educate public on digital data protection amid growing cybercrimes
Authorities are preparing campaigns to educate the public and undertake other precautionary measures to curb fast-growing financial cybercrimes amid increasing digital transactions. Thailand now has more than 23 million digital banking accounts. Korkij Danchaivichit, deputy secretary-general of the National Broadcasting and Telecom Commission, said the agency will ...
PM Modi proposes joint task force on extension of India-Myanmar-Thailand trilateral highway
Prime Minister Narendra Modi on September 8 proposed a joint task force on connectivity to work on extension of India-Myanmar-Thailand trilateral highway to Cambodia, Laos and Vietnam, while also proposing to enhance the ASEAN-India Fund with an additional grant of US $ 50 million. Speaking at ...
Thailand drops quotas on flights to Cambodia
Thailand has dropped its seat quota on commercial flights to Cambodia after its government approved the removal of the restrictions in accordance with an aviation agreement between the two countries signed in May. The approval comes months after Cambodia did the same, liberalising air travel ...
PM attends 8th Mekong-Japan summit
Vietnam pledges continued efforts to foster the Mekong-Japan cooperation for the sustainable development, peace, stability and prosperity in the region, Prime Minister Nguyen Xuan Phuc has affirmed. The Vietnamese Government leader made the statement in Vientiane, Laos on September 7 while attending the 8th Mekong-Japan Summit ...
Vietnam is struggling to unite its Mekong neighbours against China
Vietnam moved rocket launchers into disputed territory in the South China Sea, reports recently suggested, meaning it could potentially attack land that China has controversially reclaimed. This all comes at a time of heightened tension over territorial wrangling in the region. A Pentagon report released in ...
Laos, Japan agree on joint development plan
Laos and Japan have agreed on a joint development direction for Laos with the two countries joining forces to remove the landlocked nation from Least Developed Country status. The agreement came at a high-level bilateral meeting held in Vientiane on September 6 led by the heads of ...
B Grimm Power delays listing plan over change in accounting
B Grimm Power will postpone to next year its plan to list on the stock market because of a change in accounting standards, said company president Preeyanart Soontornwata. She said the new standards affected B Grimm Power’s plan for an initial public offering as it ...
ASEAN adopts master plan on connectivity 2025
Leaders meeting at the 28th ASEAN Summit in Vientiane on September 6 adopted the Master Plan on ASEAN Connectivity 2025. Lao Minister of Foreign Affairs Mr Saleumxay Kommasith, who is Chair of the ASEAN Coordinating Council that oversees connectivity matters for the regional body, said the Master ...