News
World Bank cuts Thailand growth to 2.5%
The World Bank has slashed Thailand’s economic growth this year to 2.5% from 3.5%, the lowest in the East Asia and Pacific region, in its latest regional report released on 5 October. Thailand’s growth next year was also cut to 2% from 4% in the previous forecast ...
ASEAN integration will prompt ‘flood of migrants’
A senior investigator at rights group Adhoc has warned that regional economic integration will lead to a flood of Cambodians migrating elsewhere in search of jobs that pay better than those at home. Keep reading ...
Floods dampen Myanmar's growth: WB
Myanmar’s economy will expand at only 6.5 per cent in the 2015-16 fiscal year due to floods and slowing investments, according to a World Bank report. Keep reading ...
Thai Government tells rice farmers to choose another crop
The government has called on farmers across the country to grow plants that require less water than rice amid the ongoing risk of drought. “Farmers, for example, can grow corn-for-animal feed and pods instead,” government spokesman Maj-General Sansern Kaewkamnerd said on 4 October. Keep reading ...
Four international airports need to be built in Laos
Laos will need to build four new international airports as the existing four of Wattay, Luang Prabang, Savan and Pakse will be unable to accommodate growing air transport in the coming decades, a minister told the cabinet. Minister of Public Works and Transport Dr Bounchanh Sinthavong ...
Lao parents push children to study medicine
Many students at Laos’ University of Health Sciences are there because that’s what their parents want and are taking courses reluctantly because they have no personal interest in the subject. This is the finding of a survey carried out by Associate Professor Dr Mayfong Mayxay of the ...
Government agrees to repair Vientiane's poor roads
The government has allocated a large amount of money from its budget to repair and repave deteriorating roads throughout the city. Vientiane Public Works and Transport Department are now pressing ahead with repairs to around 20 main roads across the capital after the government released over ...
Ceasefire to be signed by some armed groups in October, others abstain
A long-awaited ceasefire agreement between the government and ethnic armed groups will be signed on 15 October, negotiators said, though the pact will not be the “inclusive” agreement many ethnic groups had hoped for. Seven ethnic armed groups have committed to signing the pact while other ...
World Bank trims Asia forecast but says no China hard landing
The World Bank on 5 October cut its growth forecasts for developing economies in East Asia and the Pacific but allayed fears of a hard landing for China’s slowing economy. The bank also said it expects any increase in US interest rates to have an orderly impact ...
Thai junta picks panel to write constitution after draft rejected
Thailand’s military government, which took power in May last year, appointed a committee to draft the country’s 20th constitution on 5 October after a previous draft was rejected, delaying promised elections until at least 2017. The junta-appointed legislature dismissed the military-backed constitution last month after it was ...
