News
Vietnam to lose $77 million of tax revenue each year due to free trade pacts
The government has estimated that it will lose around US$77 million of tax revenue annually between 2016 and 2025, when new free trade agreements take effect and eliminate a majority of import duties. Keep reading ...
Lao officials fail to enforce government ban on timber exports
A recent ban on the export of raw logs imposed by the Lao government to increase the value of processed wood products is not being enforced in the country’s southern provinces because some national leaders are involved in timber smuggling, a civil society official with ...
Myanmar launches Thilawa industrial zone
Dignitaries from Myanmar and Japan on 23 September launched the first phase of a huge industrial zone on the outskirts of Yangon, as the long-isolated nation pushes to rapidly accelerate its industrialisation. Housing everything from children’s toy manufacturing to a car assembly plant and a deep-sea port, ...
KBZ and Microsoft sign tech deal
Microsoft has signed an agreement with Kanbawza (KBZ) Group of Companies, which the US company calls its largest IT tie-up in Myanmar to date. The multi-year corporate agreement represents a significant commitment to the Myanmar market, even as some investors employ wait-and-see attitudes around the question ...
Myanmar Central Bank official responds to NLD’s call for greater autonomy
To encourage an autonomous Central Bank of Myanmar (CBM) is one of the priorities outlined by the National League for Democracy (NLD) in its draft economic policies, but officials say they are already on the right track. The draft will likely be used as a basis ...
China calls for border stability in Myanmar ahead of elections
China’s defense minister has urged Myanmar to maintain stability on their common border as it prepares for what Beijing hopes will be successful elections in November, the defense ministry said on 22 September. Myanmar holds an historic election in November, when the military-backed ruling party will compete with the ...
Myanmar grants more firms to invest this month
Myanmar Investment Commission (MIC) has granted 17 local and foreign firms to make investment in the country this month, sources with commission said on 22 September. Keep reading ...
Thai farmers plea for debt relief if second rice crop again banned
Farmers’ leaders have called for an interest-free debt moratorium of 5-10 years if the government bans the planting of a second rice crop for the third time this year. Thai Farmers Association chairman Wichian Puanglamjiak on 22 September said if the the government asks farmers to not to plant second-crop ...
Thailand printers withhold NY Times edition over king article
The New York Times has said that its local printer in Thailand has refused to print its Asia edition because it featured an article on the ailing king. The paper said the printer found the front-page article “too sensitive”. The entire newspaper for 22 September, however, can ...
Top cop says no capacity to convict
A high-ranking police official yesterday bemoaned Cambodia’s lack of capacity to fight cybercrime, just a week after the government’s announcement of a new Anti-Cybercrime Department prompted fears of an online clampdown on dissent. Keep reading ...
