Economy and commerce

Economic policy and administration

Vietnam businesses pushed to save energy

With many companies in Vietnam remaining energy inefficient, the demand for consultation on energy saving solutions is high. The Ho Chi Minh City Energy Conservation Centre, for instance, has been offering consultation to more than 200 companies a year. Keep reading ...

Vietnam Government targets surge in science, tech firms

Science and technology enterprises will play a more important role in the near future, especially after Vietnam integrates more deeply into the global economy, speakers said at a sci-tech development seminar held on 25 November in Ho Chi Minh City. Speaking at the seminar, Deputy Minister of ...

Chinese firm intends to list on Cambodia Stock Exchange in 2016

Hong Kong-based developer Eastland Development (HK) Ltd has expressed interest in listing on Cambodia’s stock exchange within a year. Sam Yang, the company’s chief executive, said during a recent company promotional event that Eastland is working with a local underwriter to prepare to float shares on ...

Myanmar Government seeks $500m to cover forex losses

Inflation, flood relief and the depreciation of the kyat against the US dollar have prompted parliament to consider a government request for almost US$2 billion in supplementary funding for the current fiscal year. The additional cash, however, poses significant risks of overheating the economy by ...

Cautious optimism on the economic front

The Thai economy will expand by 2.8% by year-end, and government megaprojects will accelerate higher growth rates next year, the Fiscal Policy Office  said on 26 November.  Keep reading ...

'Echelon Thailand' set to host Mekong region start-ups

“Echelon Thailand” will bring active start-up communities from around the Mekong region including CLMV (Cambodia, Laos, Myanmar and Vietnam) to connect with one another. The 26-27 November event organised by e27, Asia’s largest tech media platform, is expected to attract the best of the Mekong region’s ...

As inflation rises, Myanmar's Central Bank aims at monetary tightening

The Central Bank of Myanmar plans to tighten monetary policy to counter inflation, though at the request of banks has extended the deadline to meet a new reserve requirement ratio until January, said senior officials. Amid signs of overheating, the Central Bank has been holding deposit ...

Soaring price of onions confronts NLD with challenge of governing

As the National League for Democracy prepares to take charge of Myanmar’s economy, small businesses in Yangon are cutting costs and preparing for the worst, with food prices soaring and the kyat touching an all-time low against the dollar. Restaurant and tea-shop owners in Myanmar’s largest ...

Vietnam is still scratching the surface of what it can become: economists

Vietnam is believed to have achieved many great successes a lot over the last three decades of economic renovation, but many economists say the years ahead will continue to be challenging.    At a forum in Hanoi last week to mark the 30th year of the reform ...

ASEAN Community officially formed in landmark declaration

The ASEAN Community was officially declared on 22 November by leaders of the 10 member states of ASEAN in a landmark moment promising greater regional integration for the 48-year-old group. Twelve years in the making, the foremost goal of the ASEAN Community is to turn the region ...

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