News

Energy giant PTT upbeat on Trump's oil pipeline plan revival

U.S. President Donald Trump’s decision to revive plans for the controversial Keystone XL oil pipeline could spur Thai energy giant PTT to resume development of an oil sands project in the Canadian province of Alberta, the state-owned company’s chief executive said Wednesday. Just after taking ...

China's climate change chief on Trump: wise leaders don't resist global trends

Four days after the Paris Agreement goes into force, the United States will hold its presidential election. Republican presidential nominee Donald Trump has said in the past that he would “cancel the Paris climate agreement,” prompting a reporter to ask China’s special representative for climate ...

PM Lee hails new partnership with old friend Australia in address to parliament

The Comprehensive Strategic Partnership agreement finalised in May this year will take the relationship between Singapore and Australia one step forward and will “cement our partnership for many years to come”, Singapore Prime Minister Lee Hsien Loong told the Australian parliament on October 12. Mr Lee ...

US officially terminates sanctions order

After imposing economic sanctions on Myanmar for nearly two decades, the US formally abolished the blacklist on October 7. US President Barack Obama signed an executive order terminating the sanctions, following his pledge to do so made when State Counsellor Daw Aung San Suu Kyi visited ...

USAID backs MFIs with $10m guarantee

USAID kicked off a seven-year program to guarantee over US$10 million in microfinance loans to the agricultural sector on September 20, as part of a new US effort to offer greater economic support to the country. The US development agency has signed a multi-bank loan portfolio ...

Industry leaders enthused by reinstatement of US trade benefits for Myanmar

Businessmen, industry leaders and members of government have expressed enthusiasm after statements from President Barack Obama that the US would soon re-admit Burma to the Generalized System of Preferences. President Obama notified the US Congress on September 14 that it would reintroduce Myanmar to the preferential trade scheme ...

Ratana decries lack of UXO aid

A top Cambodian demining official slammed US President Barack Obama’s widely heralded pledge to increase demining aid to Laos on September 6, faulting the US for what he characterised as its “marginal assistance” to Cambodia’s demining efforts. In a speech at the 2016 ASEAN Summit in ...

US pledges US$90 million for UXO clearance

The United States announced on September 6th it would provide an additional US$90 million over the next three years to help Laos clear unexploded ordnance which has continued to kill and injure people since bombs rained down on the country during the Indochina War. The extra assistance ...

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