Economy and commerce
Investment
Myanmar should renegotiate expensive loans from China
Myanmar must renegotiate the terms to its existing loans from China, as these loans have saddled the country with the burden of repaying the loans at high interest rates, economists say. Of the US$600 million in foreign debt repayments due from Myanmar this year, interest payments, ...
Lack of accountability and clarity in SEZ Law highlighted in Dawei
An inadequate legal framework, poor implementation process, absence of accountabilities and the lack of transparency lead to violations of human rights and environmental disruption in Myanmar’s Special Economic Zones, speakers at the Myanmar Special Economic Zones Forum highlighted.Read more ...
Quảng Ngãi attracts projects worth $2.81b in H1
Dung Quất Economic Zone and industrial zones in Quảng Ngãi Province attracted eight projects worth US$2.81 billion in the first half of this year, according to the provincial People’s Committee. Keep reading ...
In Saigon, rural life clings to Southeast Asia's future financial hub
Thu Thiem’s urban transition portrays the stark contrast between what the city used to be and what it wants to become. Just across the river from Saigon’s central business district lies Thu Thiem Peninsula. The 657-hectare (1,623-acre) area in District 2 is set to become ...
The future of Thai railways: Five fundamental questions
Good public transport can fundamentally improve people’s lives. It can give people more access to economic opportunities, increase productivity and boost growth. Every day, people in Thailand use public transport to go to work, send children to schools, or visit families and relatives in the ...
Quảng Ninh lures additional $47 million investment
The northern province of Quảng Ninh attracted more than US$47 million in foreign direct investment (FDI) in the first six months of 2017.Keep reading ...
All EEC infrastructure plans get nod
The much-touted Eastern Economic Corridor is moving a crucial step forward after all key infrastructure development projects yesterday received the nod from the EEC policy committee chaired by Prime Minister Prayut Chan-o-cha. According to Kanit Sangsubhan, secretary-general of EEC Office, the committee yesterday approved an additional ...
State capital and major city in Chin State embrace industrial zones
Industrial zones will be built in two major cities in Chin State – Hakha and Paletwa, and local and foreign investment will be welcome, according to a state minister. U Salai I Thakin, Chin state minister for electricity, industry and road transportation, told The Myanmar Times ...
Hi-tech agriculture needs better credit policies
Better credit policies and higher consumption of farming products are necessary to ensure efficient use of funds borrowed for high-tech agricultural projects, experts said at a seminar in Hà Nội yesterday.Keep reading ...
HCM City to help firms join Samsung’s global supply chain
HCM City is ready to work with Samsung to boost the capacity of local enterprises in support industry, said Nguyễn Thiện Nhân, Secretary of the municipal Party Committee.Keep reading ...
