Economy and commerce
Farming of the Future
Innovative Thai start-ups are pushing technology to add value in agriculture and raise incomes Saraburi, a verdant central Thai province north of the capital, Bangkok, is known for spectacles like fields of sunflowers spreading beneath hills, and dragon fruit piled high like rubies at roadside stalls. ...
EU-Vietnam FTA: India’s labour-intensive export sectors to feel the heat, China may gain
Pandemic-hit Indian exporters, especially in labour-intensive sectors, are expecting their fortune to plummet further, as key competitor Vietnam has clinched a free trade agreement (FTA) with the EU. The pact will raise competition between the Asian rivals for the lucrative EU market in a range of ...
Banikinkar Pattanayak
Vietnam’s Southern Key Economic Region: Opportunities for Investment
Vietnam has emerged as an important investment spotlight for foreign investors. With GDP growth of 7 percent, import-export turnover of US$518 billion in 2019, and total registered capital of $362.58 billion by the end of 2019, the country continues to thrive in a wide variety ...
Rebecca An
Ratified EU trade pact to boost Vietnam GDP
The EU-Vietnam free trade agreement will increase Vietnam’s annual GDP growth by 0.1 percentage points and boost exports of various sectors, HSBC says. Vietnam’s National Assembly Monday ratified the EU-Vietnam Free Trade Agreement (EVFTA) which will cut or eliminate 99 percent of tariffs on goods traded between the two ...
Dat Nguyen
The Mekong subregion in Beijing’s strategic calculus
The strategically vital Mekong subregion has been gaining salience in Beijing’s strategic calculations as China faces growing pushback from the US and other countries. The global pandemic appears to be consolidating a few trends in China’s ties with the Mekong nations. In this emerging scenario, it is likely ...
K. YHOME
Myanmar COVID-19 Recovery Plan Won't Favor China's BRI Projects, Official Says
When Myanmar announced its seven-point economic relief plan to mitigate the economic impact of COVID-19 in late April, one item immediately raised eyebrows among China analysts in the country. The initiative’s third main objective is stated as “Easing the Impacts on Laborers and Workers”, and ...
NAN LWIN
Vietnam-EU Trade: EVFTA Ratified by Vietnam’s National Assembly
Highlights: Vietnam’s National Assembly on June 8 ratified the EVFTA and the EVIPA agreements between Vietnam and the EU. Analysts hope the trade deal will give a much-needed boost to Vietnam’s economy as it looks to recover from the COVID-19 pandemic. The agreement is expected to take effect sometime ...
Dezan Shira & Associates
Desperate times for independent media as COVID-19 savages a fragile industry
The COVID-19 pandemic has created enormous challenges for news media organisations, ranging from lost advertising revenue as businesses close or suspend services, to trying to arrange interviews or gather information while complying with social distancing and travel restrictions. The pandemic has only exacerbated the financial pressures ...
NAW BETTY HAN
Laos' debt woes worsen as bills for China-funded dams loom
COVID-19 has rattled Laos’ debut in selling a U.S. dollar bond in international markets, adding pressure on a country whose “Wild West of dam building” splurge has put it in a precarious repayment situation, especially in regard to China, its leading lender. Sources familiar with the ...
MARWAAN MACAN-MARKAR
NESDC: 14.4m workers at risk
Thailand may lose up to 14.4 million jobs in the second and third quarters, largely because of the coronavirus outbreak and widespread drought, says the government’s planning unit. Of the total, some 8.4 million workers are estimated to be at risk of job loss, 2.5 million ...
CHATRUDEE THEPARAT