News
Thailand to restore rail link with Cambodia
Thailand is hoping to resurrect a rail link with Cambodia to improve transport in the Mekong sub-region, Prime Minister Prayut Chan-o-cha said on 27 August. Keep reading ...
Gov't eyes industrial expansion
In search of Cambodia’s next economic growth driver, the government on 26 August laid out the Cambodia Industrial Development Policy 2015-2025, which aims to expand the Kingdom’s narrow industrial base beyond garments and rice. The new policy, launched by Prime Minister Hun Sen at the Peace Palace ...
US companies bullish on ASEAN business outlook, survey finds
American companies based in the region remain generally optimistic about business prospects for the 10 markets of ASEAN. The findings came in the annual ASEAN Business Outlook Survey by the United States Chamber of Commerce and the American Chamber of Commerce Singapore (AmCham). Keep reading ...
Vietnam index posts biggest single-day jump in 15 months
Vietnam’s benchmark VN Index ended up 3 percent on 26 August, its biggest jump in 15 months, after the government reassured it will maintain the country’s economic growth target and keep the dollar/dong rate stable until the year-end. Keep reading ...
Foreign arrivals to Vietnam up 12 pct in August
Vietnam is expected to welcome 664, 985 person-times of international visitors in August, up 12 percent compared to July and up 7.5 percent year-on-year, said the Vietnam National Administration of Tourism (VNAT) on 26 August. Keep reading ...
Big plans brewing for Myanmar beer
Myanmar’s largest beer maker, military-owned Myanmar Brewery Ltd., aims to increase its annual production by 50 percent in the years ahead, the company announced on 26 August. Following a recent partnership with Japan’s Kirin Holdings, the company’s chairman Nay Win said the new joint venture will try ...
Rohingya IDPs detained in Yangon: Police
Police in Yangon Division’s Hmawbi Township have detained 10 Rohingya Muslims and the driver of the vehicle in which they were found riding, according to local law enforcement. A police officer in Hmawbi Township told The Irrawaddy that local authorities were holding the internal migrants, but he ...
Thai stocks bounce back
Thai stocks have rebounded on the back of the country’s strong economic fundamentals after a steep drop of 64 points to an 18-month low on 24 August, Finance Minister Apisak Tantivorawong said on 25 August.The Thai bourse joined several other Asian and European markets in the ...
Thailand preparing students for the new business environment
Thailand has been transitioning to a service-based economy, which accounts for just over half of GDP, and universities are being urged to enhance the capacity of new graduates to meet changing market demand. Bangkok University has noted this changing trend and is grooming students to serve ...
State Bank of Vietnam assures no further dong/dollar exchange rate changes
The State Bank of Vietnam (SBV) will not make any further adjustment to the Vietnam Dong/US Dollar exchange rate this year, SBV Deputy Governor Nguyen Thi Hong said in a press release issued late on 24 August. Keep reading ...
