News

Moody's downgrades Laos's rating to Caa2, outlook changed to negative

Moody’s Investors Service (“Moody’s”) has today downgraded the Government of Laos’s issuer rating to Caa2 from B3 and changed the outlook to negative. This concludes the review for downgrade initiated on 19 June 2020. The decision to downgrade the rating to Caa2 reflects Moody’s assessment that ...

Exclusive: Thailand’s vision for trusted digital ID

Thailand wants to completely do away with physical identity cards, and instead replace them with a new digital ID system that will give people more control over what data they share. Improving the nation’s digital identity system is a “genesis block” of the digital economy, says ...

Tian Jiao Lim

Mekong Delta to expand fruit, seafood production in response to climate change

The Mekong Delta plans an additional 450,000ha under fruit and seafood production by 2030 as part of the Ministry of Agriculture and Rural Development’s effort to shift the region’s farming model toward more sustainable agriculture practices. The region plans to reduce rice farming areas and expand areas producing fruit and seafood in ...

VNA

Former Deputy Minister of Transport Nguyen Hong Truong arrested

According to VietNamNet’s source, the Investigation Police Agency under the Ministry of Public Security has prosecuted Mr. Nguyen Hong Truong, former Deputy Minister of Transport, for breaching the regulations on the use of state assets, causing waste and losses. The investigation agency has also applied ...

Doan Bong

Can Thailand escape a second wave of COVID-19?

Many factors could trigger a fresh surge of infections nationwide, according to Prof Dr Thiravat Hemachudha, director of the Thai Red Cross Emerging Infectious Disease Health Science Centre. “First and foremost, Thais have become convinced that the country is completely free from COVID-19 cases and are ...

Coronavirus pushing Cambodia back into poverty

Garment worker Ny Thea never expected she would be in such big trouble. Just recently she still earned about $300 (€253) per month in a clothing factory, and on top of that, she took in extra cash renting out a luxury car.  But the coronavirus pandemic ...

Foreigners own 2 pct of Vietnam housing supply: report

Foreigners own around 16,000 apartments in Vietnam, or 2 percent of the total housing supply, and this has not affected local people’s opportunity to buy houses, a report says. From 2015 to 2020, 17 major real estate developers in Vietnam have sold 12,335 property units to ...

Dat Nguyen

MoU on Financial Services to Support Inclusive Economic Growth

The UK Government and the Bank of Thailand (BoT) have signed a Memorandum of Understanding (MoU), forming a strategic partnership on financial services to support Thailand’s inclusive economic recovery and green growth in line with the Sustainable Development Goals (SDGs). Under the MoU signed on 7 ...

Thailand Launches “New Normal” Healthcare System To Build Back Better After COVID-19

Thailand has launched a comprehensive project to help healthcare facilities and personnel strengthen their response to COVID-19, and to improve the health care system – “build back better” – after the pandemic subsides. All healthcare facilities in Bangkok and 12 Regional Health Offices across the country ...

Myanmar needs to reimagine its economic future

Development should be Myanmar’s number one priority. In the lifetime of today’s children, it has the potential to become a developed country. Combined with measures to fight inequality, finding the right path to development is critical for a successful transition to democracy. It’s also critical ...

THANT MYINT-U

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