Economy and commerce
Investment
Russia, Belarus prepare to establish auto joint ventures in Vietnam
A couple of Russian and Belarusian companies are preparing to set up auto joint ventures in Vietnam to benefit from two protocols between Vietnam and the two nations on production of vehicles here in the country. The two protocols were signed within the framework of the ...
Production slowing at Wa Tin mine
Output from a mysterious Myanma tin mine that has disrupted the global market in the metal is falling sharply and deposits could be depleted in “two to three years,” senior mine officials told Reuters. A surprise discovery of large quantities of tin has propelled the formerly ...
Meteorologist advises smaller alternatives to Myitsone megadam
The former director general of the meteorology and hydrology department has proposed an alternative solution to the problem of the stalled Myitsone hydropower dam. Instead of building one destructive and publically reviled mega dam, why not build four smaller hydropower projects instead, he suggested on ...
Is the Belt and Road Initiative globalizing China’s national security policy?
Chinese security policy experts use potential threats to BRI projects to highlight the necessity of a globalized security posture. The suicide bomb attack on the Chinese embassy in Kyrgyzstan in August 2016 highlighted China’s rising external vulnerability in a region at the heart of its signature ...
Royalties to include rentals under new Thailand-Singapore double tax rules
The New Double Tax Agreement between Thailand and Singapore becomes effective on January 1, 2017. If a Thai resident company has an outstanding rental payable to a Singaporean resident company, they should consider settling the debt before the end of 2016 in order to utilise ...
Giant jade stone uncovered in Kachin State
A giant jade stone estimated to weigh 210 tons was uncovered in the jade mining hub of Hpakant in Kachin State last week and is now being guarded by police. “We can say it is the largest piece of jade ever unearthed in Myanmar,” confirmed U ...
After Thai King Bhumibol's death, succession may be delayed
On October 13, news broke that Thailand’s 88-year-old king, Bhumibol Adulyadej, died after suffering complications from hemiodialysis treatment at Bangkok’s Siriraj hospital. King Bhumibol, the world’s longest reigning monarch, was revered as a demi-god and, for most Thai citizens, was the only monarch they had ...
Chinese deals help, but Cambodia needs to do more: experts
Despite strengthened economic ties following the signing of 31 agreements on October 13 between Cambodia and China, the Kingdom’s agricultural sector still needs to improve before it can fully benefit from the opportunities offered by the largest economy in the region, experts have said on October ...
Hai Duong pressures delayed thermal power plant
The Hai Duong People’s Committee is seeking solutions for the $2 billion, 1,200 megawatt Hai Duong thermal power plant, in case the investors continue to delay with the construction. The committee has requested the PM to direct ministries and relevant authorities to urge the co-investors, namely ...
Massive $23.2B project gets ‘green light’
Several subordinates of a senior minister within the office of the prime minister registered and rubber-stamped a gargantuan $23.2 billion investment project chaired by the minister’s wife, while officials in the know say the project stands little chance of getting off the ground. The massive project ...
