Economy and commerce

after Thailand halted the Bt40-billion Stung Nam hydropower project, Prime Minister Prayut Chan-o-cha and his Cambodian counterpart Hun Sen yesterday agreed to enhance economic ties and connectivity.Prayut led a Thai delegation at the 3rd Thailand-Cambodia Joint Cabinet Retreat in Phnom Penh yesterday to discuss cooperation ...

Japan aims to broaden exports of its customs management system to Cambodia, Laos and the Philippines, helping Southeast Asia build a regional customs network while easing Japanese businesses’ expansion into the region. Keep reading ...

Southeast Asia is edging toward a single processing window for cross-border trade, but it all may be a waste of time unless the more advanced nations in the region agree to allow more products over their borders.Indonesia, Thailand, Singapore and Malaysia have already linked their ...

Thailand have signed two contracts, worth 5.2 billion baht (120.42 million pounds), with Chinese state enterprises for a high-speed rail project with China, Anon Luengboriboon, acting governor of the State Railway of Thailand, told Reuters on Wednesday. Keep reading ...

B GRIMM POWER has taken an aggressive move in building and operating hydropower plants in Laos. The company officially opened on Friday the Xanamnoy 2 and Xekatam 1 hydropower plants in Champasak province that shares a border with Thailand’s Northeastern Ubon Ratchathani province.Keep reading  ...

South Korea’s investment in Asean increased from $0.53 billion in 2000 to $5.1 billion in 2016, while its official development assistance to Asean rose from $85.6 million in 2006 to $418.9 million in 2016.People mobility is remarkable. About six million South Korean tourists visited Asean ...

Infrastructure consulting firm Surbana Jurong has signed a memorandum of understanding (MOU) with Singapore-based Mekong Group and Laos’ Phongsavanh Group to develop infrastructure projects in Laos. Keep reading ...

South Korea and five Southeast Asian countries surrounding the Mekong River agreed on Friday to strengthen diplomatic and economic cooperation during an annual high-level meeting in the southern port city of Busan.Keep reading ...

The Myanmar government is urged to take a proactive role and form a taskforce to carve out its involvement in China’s Belt and Road Initiative (BRI). An adviser to the National League for Democracy-led government stressed the need to scrutinize debt while others voiced the ...

Leaders from 36 countries in East Asia and Latin America have committed to further strengthen their cooperative relations in areas ranging from politics to economics, trade and people-to-people exchanges. Foreign ministers from the two regions met at the 8th FEALAC Foreign Ministers’ Meeting held in ...