News
ASEAN puts last touches to economic community
With most of the high-priority measures in the ASEAN Economic Community (AEC) blueprint already adopted, policymakers and businesses need to work closely on the remaining challenges to achieve benefits of full economic integration beyond 2015, a new report recommends. The report from Ernst & Young, titled ...
Vietnamese students win top prize with Mekong video
In their efforts to save the Mekong River, a team of young Vietnamese students from Can Tho University have won the first prize in the 2015 ASEAN Youth Video Contest. Seven youths represented Vietnam at the ASEAN Youth camp in last May in Singapore, in the ...
Vietnam shares budget problems with Laos, Cambodia, Myanmar
Budget decisions and oversight were among the subjects discussed by representatives from Vietnam, Laos, Cambodia and Myanmar together with foreign experts at a joint workshop that opened in the central coastal city of Da Nang on 17 August. Keep reading ...
ASEAN joins forces to combat human trafficking
The crime of trafficking in persons affects virtually every country in every region in the world, but the Southeast Asian region in particular is hosting a robust flow of trans-regional trafficking in persons for forced labor and sexual exploitation involving thousands of men, women and ...
Bank of Thailand: Slower growth a regional ill
The Bank of Thailand insists that despite shocks and changes experienced in the macroeconomic environment, the country’s fundamentals remain strong, as reflected in the country’s current account surplus, stable foreign exchange rate and low unemployment. Central bank governor Prasarn Trairatvorakul on 17 August said speeding up infrastructure investment ...
Thai entrepreneurs urged to move fast in Myanmar
Thai entrepreneurs should tap Myanmar’s high growth potential, say business leaders. However, competition has grown intense as Myanmar welcomes other foreign investors, forcing some Thai businesses to seek local partners in order to make it easier to do business there. Keep reading ...
Vietnamese plea to Thailand: Don't divert the Mekong
People in Vietnam hope Thailand will reconsider its plan to divert water from the Mekong, because it would seriously affect their ability to produce food. The Mekong Delta is Vietnam’s most important agricultural area. Each year, the area produces the most rice and fruit in the country. This region ...
Vietnamese companies to mine rock salt in Khammuan, Laos
Two Vietnamese companies have inked a deal for a joint venture rock salt mining project in Khammuan province, Laos, with an engineering, procurement and construction contract signed in Hanoi, Vietnam, on 14 August. Vietnam Chemical Group and Vietnam Lao Chemical and Rock Salt Limited Company signed ...
Laos, Thailand seek cooperation on SEZs
Laos and Thailand are seeking bilateral cooperation at special and specific economic zones along the border of the two countries. Laos’ National Committee for Special Economic Zones and Thailand’s Policy Committee on Special Economic Zone Development are preparing to sign a memorandum of understanding to inaugurate ...
Global markets: South-east Asia's currencies are plunging like its 1998
Four years ago, a dollar fetched just over 8,500 Indonesian rupiah, and just under three Malaysian ringgit. Today a dollar is worth nearly 14,000 rupiah and almost four ringgit. Both currencies hit 17-year lows this summer, and kept falling (see chart). In Asia the rupiah and ...
