Lawmakers debate mid-term investment projects

Disqualified projects will be removed from the list of mid-term public investment projects in the 2016-20 period, National Assembly Vice Chairman Phùng Quốc Hiển said on April 20. The 14th session of the NA Standing Committee continued its ninth meeting on April 20 with a ...

Effective education key to escaping middle income trap, ADB says

Thailand faces more challenges as it strives to improve the economy and people’s incomes for the long term as it struggles to move up from being a middle-income country, the Asian Development Bank says. For the short term, the ADB has predicted that Thai exports ...

Surin calls for active ARF role in tackling Korean crisis

ASEAN needs to be more integrated and stronger to cope with the changing global landscape, as “multilateralism” was in decline, former ASEAN chief Surin Pitsuwan said on April 20, calling on the regional grouping to enhance the role of the ASEAN Regional Forum to solve ...

Clean, organic agriculture production set to expand

Expanding clean agriculture production to supply market demands together with improved international market access can serve to catalyse growth in the Lao organic produce sector, an audience including the Minister of Agriculture and Forestry was told on April 20. Director General of Department of Agriculture, ...

Sihanoukville port announces bookbuild and IPO date

The state-owned enterprise that operates Cambodia’s only deep-sea port officially announced that it will launch its six-day bookbuild and public roadshow starting next Tuesday with an expected initial public offering on the Kingdom’s stock market set for May 31, the company’s sole underwriter said on ...

Fast track gains seen in tax, customs procedures

The finance ministry will build on the successes it has recorded last year in implementing a Resolution on improving the business improvement, Ngô Hữu Lợi, head of its Legal Department, tells the Vietnam News Agency. What are general results of the Finance Ministry implementing Resolution 19/2016/NQ-CP ...

PM applauds Bình Thuận development plans

Prime Minister Nguyễn Xuân Phúc lauded plans to develop the southern coastal province of Bình Thuận into a green, clean and sustainable economy during a local investment promotion conference on April 19. In his speech to more than 240 local and foreign businesses and investors, he said the ...

Company to develop Mekong beach as popular tourist attraction in Vientiane

A private company seeks to put the Mekong River beach in front of Sithan Neua village, Sikhottabong district on the map as one of the most popular tourist attractions in Vientiane in a bid to attract more domestic and foreign visitors. Sithan Neua Mekong Beach ...

BOT urges hedging against currency risk

Bank of Thailand governor Veerathai Santiprabhob on April 19 urged exporters to hedge against volatility in the value of the baht as the country faced the prospect of trade protectionism against the backdrop of tensions on the Korean Peninsula – with “unpredictable” outcomes from the latter. “Geopolitical ...

Business operations face high logistics costs, study says

High logistics costs in Laos are still a major obstruction for business operations throughout the domestic private sector and can also deter investors, a recent study suggests. Logistics costs in the country are as high as double compared to other neighbouring or ASEAN countries according to ...

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