News
Thailand still a top-10 Apec choice
Thailand lags behind arch rivals Vietnam and Indonesia as a top investment destination of Apec business leaders over the next 12 months. This finding was reported in PwC’s “2015 Apec CEO Survey: CEO Confidence in Asia Pacific Shaken but Strong”. Keep reading ...
Delayed post-election talks put transition in doubt
President U Thein Sein appears to have delayed indefinitely a meeting with Daw Aung San Suu Kyi to discuss the transfer of power to a new government following her party’s landslide election victory. A representative of the president says talks with the National League for Democracy ...
Vietnam eases restriction on import of used machinery
Vietnam has introduced a new policy that will allow local companies to bring in machinery that have been in use overseas for less than 10 years, effectively easing a restriction on machines older than five years. According to the Ministry of Science and Technology, the new ...
Camp residents look to NLD win for better future
Internally displaced persons living in camps on the outskirts of Sittwe have expressed hope the National League for Democracy’s election landslide will pave the way to ensuring their human rights and ending discrimination against them, saying little has improved in the three years since the ...
Myanmar government drives up budget deficit with additional spending
President U Thein Sein’s outgoing government has submitted a supplementary budget request to parliament of K2.464 trillion (US$1.92 billion) with the defence ministry in line to receive the largest allocation, while health and education spending remain close to the bottom of the list. If approved by ...
More Vietnam hospitals capable of treating dengue
Within seven days of being treated at Binh Chanh District Hospital’s paediatrics ward, a 13-year boy diagnosed with dengue fever was able to return home, fully recovered, a testament to the hospital’s improved capacity to treat the disease. Dr To Thi Kim Phung, the ward’s head, ...
Vietnamese exporters ponder ways to penetrate new markets
The US and Latin American countries have huge demand for products made by sectors in which Vietnamese companies have advantages, but they need to study these markets carefully to enter them, a forum heard in Ho Chi Minh City on 17 November. They also need to ...
Thailand believed to have deported 2 Chinese activists
The UN refugee agency criticised Thailand on 17 November for deporting two refugees who were about to be resettled in a third country. Rights groups identified the two as Chinese pro-democracy activists, although the Bangkok office of the UN High Commissioner for Refugees did not give their ...
Cambodia's budget transparency at all-time low: report
The Cambodian government’s budget transparency score has fallen to its lowest measure on record, according to a recent survey, but officials remain optimistic that the score will improve in the future. Cambodia’s score of eight out of 100 in 2015’s Open Budget Survey put it near ...
Cambodia at low risk of debt distress: IMF
Cambodia’s external public debt is well within acceptable limits, but remains vulnerable to financial shocks such as export slowdowns or exchange rate fluctuations, the International Monetary Fund (IMF) said in its latest assessment of the Kingdom’s economy. “Cambodia’s debt distress rating remains low with all debt ...