Economy and commerce

Real estate agents in Yangon say the property market has fallen totally silent over the past week, with almost no deals signed. While sales have continued to slow since the start of the year, there has been no buying and selling whatsoever over the past week, ...

Small and medium-sized enterprises (SMEs) in Hanoi are neglecting to use information and technology applications and information security, said Dang Vu Tuan, vice director of Hanoi’s Department for Information and Communications. Tuan said SMEs account for about 95 per cent of the city’s 117,000 enterprises, but only ...

Chinese imports slumped by nearly 18 percent year-on-year in September, Customs said on 13 October, in the latest poor figures from the world’s second-largest economy. Keep reading ...

The National Economic and Social Development Board (NESDB) remains upbeat that the country’s economy will still manage growth of 2.7-3.2% this year as projected. Keep reading ...

Reforms and monetary policy changes in the post-election period would boost slowing growth in Myanmar, said an International Monetary Fund official. Hoe Ee Khor, deputy director for Asia and Pacific at the IMF, said the involvement of the National League for Democracy (NLD) in setting regulations ...

Myanmar’s first modern stock exchange risks falling under sanctions by the US Treasury when it eventually launches this year. The Yangon Stock Exchange is not designated specifically by the Department of Treasury’s Office of Foreign Assets Control. However US officials have clarified that under US law it ...

The Council of Ministers agreed on 9 October to invest about $62 million in the fledgling Asian Infrastructure Investment Bank, which is expected to start operating by the end of the year. Keep reading ...

Sixty-five companies from Laos and foreign countries including Thailand at the Savan-Seno Special Economic Zone have created over 4,500 jobs for local people. According to Thongsay Sayavongkhamdy, a senior official from the Savannakhet provincial authority, from now until 2020, both local and overseas companies are expected to ...

The state enterprise that operates Cambodia’s second-largest port is looking to raise up to $6.4 million in its initial public offering and float 20 per cent of its shares on the stock market in December, according to a company draft prospectus released on 9 October. Keep ...

Vietnam, whose low-wage economy relies on exports, is likely to be the biggest winner of the Trans-Pacific Partnership that slashes an estimated 18,000 tariffs among the dozen participating countries.   In a decade, the country’s gross domestic product will be boosted 11 percent, or $36 billion, as ...