News
Remittances to Ho Chi Minh City hit $2.42 bil in Jan-July
Overseas remittances to Ho Chi Minh City rose 12 percent year-on-year in the first seven months thanks partly to an increased interest in the property market from overseas Vietnamese, local media reported. Keep reading ...
AIIB awaits Thai approval
Thailand’s investment of 48.68 billion baht in the China-led Asian Infrastructure Investment Bank (AIIB) will seek approval soon from the National Legislative Assembly. Keep reading ...
Tourism an immediate casualty
Business leaders believe the explosion at the Ratchaprasong intersection will hurt tourism but expect the overall negative effect on the economy will be more psychological and short term. Supant Mongkolsuthree, chairman of the Federation of Thai Industries, said tourism would be the sector hit hardest by the horrific ...
Shanghai shares plunge another 5%
Shanghai shares fell more than 5% on 19 August, extending their largest daily fall in more than three weeks on concerns of waning government support. The benchmark Shanghai Composite Index dropped 5.04%, or 188.74 points, to 3,559.42 during the morning session. Keep reading ...
Vietnam devalues dong by 1%
Vietnam on 18 August devalued its currency by 1% following the devaluation of the Chinese yuan and a possible US interest rate increase. Keep reading ...
Laos granted $32.4m to improve power grid
Laos has been granted funding worth $32.4 million to boost its electricity network. The government has signed an agreement with the World Bank for the Power Grid Improvement Project. Keep reading ...
ASEAN's real GDP grows 4.6pc in 2014
ASEAN’s real Gross Domestic Product grew 4.6 per cent to reach US$2.57 trillion in 2014. The sustained growth in GDP led to an increase in the GDP per capita from US$3,908 in 2013 to US$4,130 in 2014, ASEAN Secretariat said in a statement. Keep reading ...
Four universities to accept over 8,100 students
More than 8,100 students will be accepted to study at four state universities in Laos this academic year under the quota set by the Ministry of Education and Sports. Some 52,491 students around the country passed their final school exams out of the 52,756 pupils who ...
Johanna Powell: Laos river death inquest to 'take three months'
An inquest into the death of a Cardiff woman on holiday in south-east Asia should be completed within three months, a pre-inquest review has heard. BBC Wales picture editor Johanna Powell, 37, died in Laos on 11 April. Keep reading ...
France repatriates 150 smuggled rare tortoises seized on route to Laos
Some 150 rare tortoises are to be returned to Madagascar by French customs, who seized them in December while they were being smuggled to Laos. The reptiles needed several months of intensive care after being transported hidden in cases of sea cucumbers. Keep reading ...
