Investment

Thai retail giant Central Group has declared around US$89.6 million in tax on its acquisition of Vietnam’s biggest foreign-owned supermarket chain Big C, local media reported. Big C Vietnam, which declared the tax on behalf of its new owner, has paid $17.03 million of the amount, ...

Foreign direct investment in Thailand in the first half of the year fell by more than 90% in value to the lowest mark in over a decade at US$347 million, reports the Bank of Thailand. The report said FDI declined from $4.2 billion in the same ...

Situated in Laos’ Luang Namtha province, Boten is China’s gateway to Southeast Asia and will be a critical link in both the North-South and East-West economic corridors. In terms of the North-South corridor, it is the transit point for the Kunming-Bangkok Expressway, which passes across ...

Keith Richburg is the director of the Journalism and Media Studies Centre at the University of Hong Kong. He spent more than two decades as a foreign correspondent for the Washington Post covering Africa, Europe, China and Southeast Asia, making his first visit to Cambodia ...

The government will release its domestic and foreign investment policy soon, Aung Naing Oo, director-general of the Directorate of Investment and Company Administration, told the Daily Eleven. “We plan to release the investment policy, but not in hurried manner. It will come after the economic policy ...

AT the CB Bank branch in the Thilawa Special Economic Zone near Yangon, there’s a dedicated “Japan desk”, where an employee of the Bank of Tokyo-Mitsubishi UFJ sits to handle any Japanese corporate business that comes their way. The Japanese bank’s presence at Thilawa is no ...

China and Laos are both committed to a high-speed rail project linking the Chinese southwestern city of Kunming with the Lao capital of Vientiane, officials from both countries said, and the project will go ahead despite delays. The line should eventually stretch through Thailand and Malaysia ...

An intellectual property reform roadmap featuring an action plan for the short, medium and long terms is set to go before Prime Minister Prayut Chan-o-cha later this month. Nuntawan Sakuntanaga, director-general of the Intellectual Property Department, said the department has completed the reform roadmap, which will ...

The Ho Chi Minh City People’s Committee has submitted for Government approval a list of priority transportation and sanitation investment projects that will be developed in a Public Private Partnership format between 2016 and 2020. At present, the city is developing five major infrastructure projects with ...

India’s cabinet approved a new bilateral investment treaty with Cambodia on 28 July that is designed to provide mutual protections for investors of each company, the Indian government said in a press release. The treaty, which has yet to be ratified by Cambodian authorities, is expected ...