News
Aung San Suu Kyi on track to take two-thirds of seats
Fresh results from Myanmar’s election on 10 November showed Aung San Suu Kyi’s opposition party winning dozens more seats in parliament as observers declared the poll “credible and transparent”. The National League for Democracy (NLD) said its own tally of results posted at polling stations around the ...
Warning for Thailand's ailing enterprises
The State Enterprises Policy Commission or superboard yesterday gave a mandate for seven loss-ridden state enterprises including embattled Thai Airways International (THAI) to launch rehabilitation plans next month. The superboard, which met on 9 November and was chaired by Prime Minister Prayut Chan-o-cha, will hold executives, management teams and ...
Vietnam, Philippines to sign strategic-alliance pact
An official says the Philippines and Vietnam plan to sign an accord next week to elevate their relationship to a strategic level, allowing them to deepen economic ties and maritime cooperation. Keep reading ...
Vietnam hopes to attract more Chinese tourists, with deeper pockets
Vietnam has launched its biggest ever promotional campaign in China, its largest visitor market, in an attempt to reverse a downward trend in the tourism industry. The Vietnam National Administration of Tourism (VNAT) last month started a series of events that gathered many travel agencies across ...
Local banks draw foreign interest
Vietnamese commercial banks expect to attract foreign investment in their newly-established financial companies thanks to the profitable domestic consumer financial market, according to Dau tu (Investment) newspaper. Despite concerns by shareholders, banks have still tried mergers and acquisitions (M&As) with ailing financial companies, whose non-performing loans ...
Vietnam, Japan produce carbon-free rubber
Vietnamese and Japanese researchers have developed technologies to reduce proteins in natural rubber, thereby permitting the production of high-performance rubber materials and alleviate the environmental burden caused by natural rubber processing. The scientists presented their research results at a session during the International Rubber Conference held ...
Thai border troops primed for possible Myanmar unrest
Thai security authorities along the Myanmar border have been put on alert in preparation for any unexpected incidents or violence following the neighbouring country’s election. The Surasee Task Force of the 9th Infantry Division, responsible for the Thai-Myanmar border area in Kanchanaburi held a meeting with police, ...
Foreigners targeted in 'model trafficking'
Thailand’s Department of Employment is vowing to take legal action against foreigners who work illegally as models in the country. The action comes following a complaint by the Thai Modelling Industry and Agencies Association, saying a number of foreign models, both men and women, disguise themselves as tourists ...
Bangkok's main airport to get huge traffic surge
Suvarnabhumi airport expects to see traffic surge nearly 20% over the next six months on the back of strong high-season travel demand, turning it into one of Asia’s busiest airports. A total of 24.8 million passengers are expected to pass through the country’s gateway airport between 25 ...
Vietnam growth surge masks weak local firms in 2-speed economy
Vietnam’s export-driven economy is set to grow at its fastest pace in eight years in 2015 and it’s foreign firms in the country that are riding the wave, leaving local companies lagging far behind. Foreign-owned businesses shipped 70 percent of Vietnam’s total exports so far this ...
