Investment

The Bank of Thailand insists that despite shocks and changes experienced in the macroeconomic environment, the country’s fundamentals remain strong, as reflected in the country’s current account surplus, stable foreign exchange rate and low unemployment. Central bank governor Prasarn Trairatvorakul on 17 August said speeding up infrastructure investment ...

Thai entrepreneurs should tap Myanmar’s high growth potential, say business leaders. However, competition has grown intense as Myanmar welcomes other foreign investors, forcing some Thai businesses to seek local partners in order to make it easier to do business there. Keep reading ...

Two Vietnamese companies have inked a deal for a joint venture rock salt mining project in Khammuan province, Laos, with an engineering, procurement and construction contract signed in Hanoi, Vietnam, on 14 August. Vietnam Chemical Group and Vietnam Lao Chemical and Rock Salt Limited Company signed ...

A South Korean syndicate has proposed to build a major waste treatment plant to solve an urgent demand in the Mekong Delta where thousands of tons of waste are being discharged every day.   The proposal was made by three companies in a meeting with local officials ...

Laos and Thailand are seeking bilateral cooperation at special and specific economic zones along the border of the two countries. Laos’ National Committee for Special Economic Zones and Thailand’s Policy Committee on Special Economic Zone Development are preparing to sign a memorandum of understanding to inaugurate ...

Four years ago, a dollar fetched just over 8,500 Indonesian rupiah, and just under three Malaysian ringgit. Today a dollar is worth nearly 14,000 rupiah and almost four ringgit. Both currencies hit 17-year lows this summer, and kept falling (see chart). In Asia the rupiah and ...

China’s devaluation of the yuan has sent shockwaves through global markets. Edwards, of the bank Société Générale, argues that as well as creating a challenge for China’s Asian rivals, by making its exports more competitive, a cheaper yuan will send “a tidal wave of deflation” breaking ...

Many more companies are planning to invest in special and specific economic zones (SEZs) in Laos after witnessing the potential to benefit from the coming regional integration, according to a recent report. Keep reading   ...

A measure of the region’s 10 most-traded currencies excluding the yen is set to decline for a third year, its longest losing streak since 1997, amid signs the US will raise interest rates for the first time in a decade. The People’s Bank of China’s cut ...

Vietnam’s central bank doubled the width of the dong’s trading band 12 August, a day after China further weakened its currency, pushing the yuan into its biggest devaluation in two decades. The State Bank of Vietnam widened the dong’s trading band against the U.S. dollar to ...