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Thailand: Oil retailers splash out for market share

Although global oil prices have rebounded more than 60% from the record low of US$30 a barrel during 2014-16 to a range of $50-55, oil demand remains high, encouraging oil retailers to run promotional campaigns to attract motorists. Thai retail oil demand has seen double-digit growth over the past few years, thanks partly to massive […]

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ADB commits assistance to Laos’ goals

INFRASTRUCTURE development for transportation connectivity, telecommunications, along with the power, education and health sectors will all be the focus of Asian Development Bank (ADB) in its continuous assistance to Laos in upcoming years. Director General for ADB’s Southeast Asia Department James Nugent disseminated this plan in his interview with Vientiane Times and Lao News Agency […]

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Cambodia: US plugs value of stronger IP protection

Safeguarding intellectual property rights plays an important role in drawing foreign investment to Cambodia, but enforcement remains weak, US Embassy officials said yesterday on the occasion of the World Intellectual Property Day. Foreign companies would be more likely to invest in Cambodia, particularly in innovation-intensive sectors, if the country showed a greater commitment to protecting […]

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