HANOI — Prime Minister Nguyen Xuan Phuc praised the significant success of the private economic sector, saying it represented 96.7 per cent of the country’s 500,000 enterprises. PM Phuc spoke in Hanoi at a Saturday policy dialogue with 14 chairmen and general directors of leading private enterprises. Attending the event were also leaders of the Government […]
Read MoreTHE economy in the resource-rich Rakhine State is throttled by the crisis as well as the accompanying international backlash, dashing any hope of massive foreign investment in the near future. In the meantime, local communities in Kyaukphyu have demanded the stake ratio of the proposed Kyaukphyu port to be restructured so as to allow a […]
Read MoreWhile the Asia-Pacific region is experiencing population ageing at an unprecedented rate, the growing number of young people in Laos can provide a significant momentum in driving economic growth. A senior economist from the Faculty of Economics and Business Management at the National University of Laos, Dr Phouphet Kyophilavong, told Vientiane Times on Wednesday that the country’s […]
Read MoreCambodia slid further down the rankings of global competitiveness on this year’s Global Competitiveness Report, which showed the Kingdom dropping five notches on the annual index to hold its position as the second least competitive country in Asean after Laos. Cambodia ranked just 94 out of 137 economies, falling from 89 last year, on the […]
Read MoreMANILA, Philippines — The country’s international investment position (IIP) weakened as of end-June due to higher net liability position, according to the Bangko Sentral ng Pillipinas (BSP). According to preliminary IIP data, the country’s net external liability position reached $33.8 billion, higher than the end-March level of $29.2 billion. This came as external financial liabilities […]
Read MoreKUALA LUMPUR: The ringgit fell against the US dollar early Monday on lack of interest for the local currency as sentiment turned positive for the greenback a dealer said. At 9 am(0100gmt), the local traded at 4.2280/2310 against the greenback from 4.2190/2220 recorded at 6 pm on Friday. FXTM Reserach Analyst Lukman Otunuga said comments […]
Read More
Thailand
