Investment

Myanmar’s first modern stock exchange risks falling under sanctions by the US Treasury when it eventually launches this year. The Yangon Stock Exchange is not designated specifically by the Department of Treasury’s Office of Foreign Assets Control. However US officials have clarified that under US law it ...

The Council of Ministers agreed on 9 October to invest about $62 million in the fledgling Asian Infrastructure Investment Bank, which is expected to start operating by the end of the year. Keep reading ...

Sixty-five companies from Laos and foreign countries including Thailand at the Savan-Seno Special Economic Zone have created over 4,500 jobs for local people. According to Thongsay Sayavongkhamdy, a senior official from the Savannakhet provincial authority, from now until 2020, both local and overseas companies are expected to ...

The state enterprise that operates Cambodia’s second-largest port is looking to raise up to $6.4 million in its initial public offering and float 20 per cent of its shares on the stock market in December, according to a company draft prospectus released on 9 October. Keep ...

Vietnam, whose low-wage economy relies on exports, is likely to be the biggest winner of the Trans-Pacific Partnership that slashes an estimated 18,000 tariffs among the dozen participating countries.   In a decade, the country’s gross domestic product will be boosted 11 percent, or $36 billion, as ...

CPI Yunnan International Power Investment Company has recalculated its spending on the suspended Myitsone hydropower project, and is waiting for the Myanmar government to approve the figure.  CPIYN is the majority shareholder in Upstream Ayeyarwady Confluence Basin Hydropower Company, the dam’s developer. The calculation was made in ...

Thailand should consider joining the Trans-Pacific Partnership because it will create collaboration among ASEAN countries, a banker says. On 5 October, 12 countries reached an agreement on trade liberalisation. Four of them are in the ASEAN region. Deja Tulananda, vice executive chairman of Bangkok Bank, said on 7 October that the ...

The chairman of the Federation of Thai Industries (FTI) is confident that gross domestic product (GDP) will grow by nearly 3 per cent this year from the government’s expected injection of around Bt200 billion into the economy this quarter and the rebound of the tourism sector after ...

Prime Minister Prayut Chan-o-cha’s UN trip has eased international concerns over the military coup, paving the way for other cabinet ministers to make overseas visits to boost foreign investor confidence in Thailand, Deputy Prime Minister Somkid Jatusripitak said on 7 October. Keep reading ...

Trade ministers from the 12 Trans-Pacific Partnership (TPP) member countries reached final consensus on the world’s largest free trade agreement at Atlanta, the US, on 5 October. After ending negotiations on the TPP deal, all TPP countries will review legal procedures to prepare for the official ...