Economy and commerce
Investment
Japanese investment to bring jobs to nation's south
More Japanese investors are seeking to locate factories at Pakxe-Japan SME Specific Economic Zone in Champassak province in moves set to generate hundreds of jobs for Lao people. Approval of planned investments by the companies is expected between now and the end of this year, ...
VN needs policies to boost digital economy: experts
Việt Nam needs to raise policies to boost digital economy, a stimulator to generate added value and breakthroughs for sustainable development, experts have said.Keep reading ...
Petronas LNG supply in reach
PTT Exploration and Production Plc (PTTEP) is to secure the supply of liquefied natural gas (LNG) by purchasing a 10% stake in an LNG production resource of Malaysia’s national oil firm, Petroliam Nasional Berhad (Petronas), for US$500 million (16.7 billion baht).Keep reading ...
China calls for quick development of Sino-Thai rail link
A proposed high-speed railway linking southern China to Thailand’s industrialized Eastern Seaboard should be built “quickly” according to Wang Yi, China’s foreign minister, after a meeting on Monday with Prime Minister Prayuth Chan-ocha. “This Thai-China train project may face problems but the important matter is ...
Xi Jinping To China's Private Sector: Go Home, The New Silk Road Is Not For You
In 2013, Chinese President Xi Jinping announced something called the Belt and Road Initiative, which was to be a trillion-dollar framework to guide Chinese foreign investment, infrastructure development, trade, and other international forays. What this initiative actually consists of still remains vague, what its benchmarks ...
Nation's renewable energy options explored with assistance from China
Laos must increase understanding of the rapid development and expanding use of renewable energies and the revolution in energy production and distribution especially for technical officials responsible for the field. This was among the messages delievered at a meeting that took place in the capital ...
Investment welcomed for Lao tourism site development
Laos has huge potential in developing tourism sites, with a number of incentives introduced to boost investment in the sector. Deputy Minister of Information, Culture and Tourism Mr Ounethouang Khaophanh said investors were welcome to invest in developing and operating tourism sites in line with ...
RoK, VN eye energy partnerships
A delegation of executives from 17 energy start-ups nurtured by the Korea Electric Power Corporation (Kepco) met with their Vietnamese counterparts in HCM City yesterday (July 17) to explore business opportunities.Keep reading ...
Tokyo Gas to ferry LNG to remote islands in Southeast Asia
Tokyo Gas is starting a project to efficiently deliver liquefied natural gas to Southeast Asian nations home to many far-flung islands. In energy-hungry Southeast Asia, a number of plans are underway to construct large LNG receiving terminals in such countries as the Philippines, Indonesia and ...
Singapore’s MOSB to become first foreign oil and gas supply base in Myanmar
Myanmar Offshore Supply Base (MOSB), a Singapore company, on July 11 received the green light from the Myanmar Investment Commission (MIC) to construct an oil and gas supply base in Mon State. It will be the first foreign-run oil and gas supply base in Myanmar. ...
