News
TrueMoney goes international, targeting Myanmar
Local mobile payment companies are gearing up to extend their payment services overseas after the Bank of Thailand eased foreign exchange rules. The central bank in March eased the regulations to allow companies that hold payment licences under the law regulating e-payment to act as ...
Giant East Asian manufacturers dominate Vietnam’s industrial parks
Giant East Asian manufacturers were major clients of industrial parks across Vietnam in the first half of 2016, according to a report on industrial real estate released on October 4 by Savills Vietnam. The most outstanding projects came from hi-tech product manufacturers of the Republic of ...
PM welcomes new WB Country Director in Vietnam
Prime Minister Nguyen Xuan Phuc congratulated Ousmane Dione on his appointment as new Country Director for the World Bank in Vietnam at a reception at the Government’s headquarters in Hanoi on October 4. He said the WB is important to Vietnam and bilateral relations are being ...
Japan to help transform Laos
Japan and Laos have agreed on a joint plan to spur development in the landlocked Southeast Asian country during a meeting between their leaders. At their meeting held on the sidelines of the ASEAN summits here this week, Japanese Prime Minister Shinzo Abe and his Lao ...
Thermal power plants increasing on Hau River
Why are coal-run thermopower plants located on the Hau River? Why do the plants all use Chinese technology? Will there be another Formosa on the Hau River? These are questions raised by environmental experts about the appearance of many coal power plants believed to threaten the ...
Ministry calls meet on rice scheme suspects
The Justice Ministry has invited anti-graft agencies to a meeting next week when it is expected to name the people to be probed in the 853 alleged corruption cases connected to the rice-pledging scheme. The Public Sector Anti-Corruption Commission last week said it had received 853 ...
US still urging Cambodia to broaden and clarify union law
The U.S. is continuing to urge the government to change and clarify key parts of a controversial trade union law that took effect in April, including an amendment to cover civil servants, the U.S.’s international labor affairs representative said on October 5. Sarah Fox, who was ...
Students gather for second model ASEAN meeting
Over 80 student delegates from ten ASEAN member states gathered in Vientiane yesterday for the Second ASEAN Foundation Model ASEAN Meeting to deliberate on issues related to labour immigration in the context of the ASEAN decision-making processes. The meeting was organised by the ASEAN Foundation in ...
Widespread flooding and traffic nightmares in Bangkok
The heaviest rainfall was recorded in Bang Sue district with record high 100 mm, turning 12 locations into small klongs of between 5-30 cm in depth such as areas in front of Pongpetch market, in front of th Constitutional Court and TOT Chaengwattana, Bang Khen ...
Large M&A deal could change Vietnam’s sugar industry
Hoang Anh Gia Lai Group HAGL has finally confirmed that it is negotiating with Thanh Thanh Cong on the transfer of its sugar mill in Laos to TTC. As both of them are giants in their field, the deal is expected to lead to big ...
