Economy and commerce
Trade
Completion date set for EU dangerous goods training
German International Cooperation (GIZ) says it expects to complete its training project for freight transport and logistics in dangerous goods in more than 80 companies in five Asean countries by the end of this year. With financing from the EU, the “Sustainable Freight and Logistics ...
Trade war: Will ASEAN be next?
The United States (US) is not stopping with China; it has threatened or engaged in trade wars with Canada, Mexico and the European Union (EU). Could ASEAN member states also be on US President Donald Trump’s list of targets? Keep reading ...
The US-China trade war could wipe 0.2%-0.3% of Asean's GDP
The ongoing trade war between US and China, two of the largest economies in the world, could wipe out about 0.2% to 0.3% of the Asean region’s gross domestic product (GDP), says ASEAN+3 Macroeconomic Research Office (AMRO) chief economist Dr Khor Hoe Ee. Keep reading ...
Can Southeast Asia weather a trade war?
In the face of growing economic protectionism, undergirded by a trade tiff between the United States (US) and China, Southeast Asian economies are bracing for the impact from a possible economic fallout. Over the past few months, US President Donald Trump has not minced his ...
At Thailand-Laos Border, A Shadow Economy Thrives
A silhouette of the casino’s golden domes and gaudy crown appears in the distance, standing out like a sore thumb against the landscape of lush tropical hills in this northwestern corner of Laos. The Ton Pheung district is part of a special economic zone (SEZ) ...
Vientiane conference links VN, Lao firms
Nearly 100 businesses from Việt Nam and Laos gathered at a conference in Vientiane on Friday to seek partnership opportunities, an activity within the framework of the Laos-Việt Nam Trade Fair 2018. Keep reading ...
Executives call for use of local currencies at borders
Business leaders from the lower Mekong River are calling for their governments to use local currencies for border region trade to facilitate transactions and reduce exchange costs. Keep reading ...
In trade war with US, China may import Myanmar cattle
The government and the China’s Yunan province are finalising an agreement for Myanmar to export cattle to meet rising demand in the Chinese market. China’s beef consumption has steadily increased to 8.4 million tonnes annually, according to Beijing. China is expected to allow 14 beef-exporting ...
US-China trade war may benefit Asean
The ongoing trade dispute between the United States and China is yielding more opportunities for Thailand and Asean to extend their grip on international trade, said Matthew Pottinger, an adviser to the Asia desk of the National Security Council (NSC). Keep reading ...
Vietnam attends India-CLMV trade conference in Cambodia
Potential for enhancing trade ties between India and CLMV countries (Cambodia, Laos, Myanmar and Vietnam) was highlighted at a conference which opened in Phnom Penh, Cambodia on May 21. Themed “India-CLMV economic development: Collaboration for regional integration”, the two-day event saw representatives from trade ministries, ...