News
India must focus on expanding banks network in Cambodia, Laos, Myanmar and Vietnam
Expansion of Indian banks network in CLMV – Cambodia, Laos, Myanmar and Vietnam- countries would help in enhancing trade and investment relations with these nations, a report has suggested. The Commerce and Industry Ministry report – “India’s Strategy for Economic Integration with CLMV” was prepared by think ...
World Wide Fund for Nature (WWF) issue warning on Mekong’s biodiversity
Scientists say the Southeast Asia’s rapid development is driving deforestation in the vital Mekong Subregion, and threatening scores of species in one of the world’s most bio-diverse ecosystems. Trafficking in plant and animal wildlife is accelerating the trend, and governments are being pressed to do ...
China's currency devaluation could spark 'tidal wave of deflation'
China’s devaluation of the yuan has sent shockwaves through global markets. Edwards, of the bank Société Générale, argues that as well as creating a challenge for China’s Asian rivals, by making its exports more competitive, a cheaper yuan will send “a tidal wave of deflation” breaking ...
Yuan devaluation seen reigniting currency wars in Asia
A measure of the region’s 10 most-traded currencies excluding the yen is set to decline for a third year, its longest losing streak since 1997, amid signs the US will raise interest rates for the first time in a decade. The People’s Bank of China’s cut ...
The labeling problem in Southeast Asia's refugee crisis
In the ‘crisis’ involving the displaced Rohingya people in Southeast Asia, the preferred institutional label is “irregular migrants.” It is a term which implies that migration is well-regulated, which is not the case in South East Asia. The ‘labeling’ or construction of identities of social groups ...
Mekong Delta's largest waste water facility opens
A new waste water treatment plant, the largest of its kind in the Mekong Delta, was put into operation on Saturday in Tra Noc Industrial Park in Can Tho, Vietnam. At the completion of the first phase of the project, the new waste water treatment facility can ...
SEZs seek to boost Thai-Laos partnership
Thailand and Laos have pledged to raise bilateral trade to US$8 billion over the next three years, driven mainly by underlined partnerships through special economic zones (SEZs). Thailand plans to develop SEZs in 10 provinces, six of which have been designated in the first phase ...
Thailand, Laos target $8 bn in trade
Thailand and Laos are set to boost bilateral trade to US$8 billion (Bt250 billion) in the next three years, driven mainly by closer cooperation under Asean integration and the setting up of special economic zones. According to the Thai Commerce Ministry, Thai-Laotian bilateral trade rose by 14.32 ...
Thai trips expected to rise as visa-free deal with Myanmar comes into effect
Visa-free travel to Thailand for Myanmar passport-holders has come into effect, sparking a spike in visitor numbers, travel agents say. Following an agreement reached last month, Myanmar passport holders can now visit Bangkok or Phuket for a two-week trip without queuing for a visa at the Thai ...
Vietnamese companies favor Laos, US for overseas expansion
Vietnamese companies pledged US$155.4 million for their investment projects in 22 countries and territories around the world in the first half of this year, the Foreign Investment Agency recently reported. The Ministry of Planning and Investment licensed 47 new projects. Keep reading ...
