Economy and commerce
Investment
Thai garment exports tipped to drop further
Thai garment exports are expected to continue to decline with more Thai manufacturers expanding to neighbouring countries to tap cheaper costs and better tariff benefits. Vallop Vitanakorn, an adviser to the Thai Garment Manufacturers Association, said after expanding investments to Cambodia and Vietnam over the past ...
Bokeo families relocate to make way for dam
Resettlement of communities from areas of the Nam Tha 1 hydropower project is 87 percent complete, with displaced families in Bokeo province having been moved to a new location. Assistant Managing Director of Electricite du Laos Mr Vilaphone Visounnarath, who is Head of the Resettlement Management ...
Industry leaders enthused by reinstatement of US trade benefits for Myanmar
Businessmen, industry leaders and members of government have expressed enthusiasm after statements from President Barack Obama that the US would soon re-admit Burma to the Generalized System of Preferences. President Obama notified the US Congress on September 14 that it would reintroduce Myanmar to the preferential trade scheme ...
Rivers, canals gradually dying in Mekong River Delta
Rivers and canals in the southwestern region are becoming depleted as they are not regularly dredged and cleared, and are encroached upon by people’s housing. There are 26 seaports, big and small in Mekong Delta. The dredging capability and canal network in the region are factors ...
Southeast Asia in Africa: A partner for development?
From the turn of the century onwards, Africa has been placed in the centre of the debate over emerging economies in the South. The continent has also been going through a period of economic growth starting from the beginning of the 21st century. Despite such ...
Lao construction companies to benefit from planned railway
Twenty Lao companies will be selected as sub-contractors for construction work on the almost-US$6 billion railway that will link Vientiane to the Chinese border. But these companies must be sub-contracted by Chinese companies, who will supervise their work and provide technical assistance to ensure high quality ...
The changing face of ASEAN
With much of ASEAN stuck in the economic doldrums and its senior members beset with issues ranging from unprecedented levels of corruption to violent insurgencies and maritime disputes with China, the regional bloc has known better days. But from the most unlikely corners of northern ASEAN, a more ...
Will Vietnam redraw the world’s aviation market map?
With a powerful fleet which has been expanding recently, Vietnam is expected to play a role in the international aviation market. Analysts have said that Vietnam’s aviation industry has made especially big improvements in the last three years with domestic air carriers spending tens of billions ...
PPP gross cost investment model ‘best for motorway projects’
The Highways Department proposed at a meeting on September 14 that two motorway projects. The meeting was held to prepare for today’s meeting of the Private Public Partnership Policy Committee. The committee is to consider the two projects. According to the Highways Department, the PPP Gross Cost model ...
Foreign investors inject more interest into private hospitals
More foreign investors are interested in opening private hospitals in the country in response to growing patient demand for high quality health services. Foreign investors from China, Thailand, Vietnam, Singapore and other countries have submitted their proposals to the Ministry of Health, asking for licenses to ...
