October 2017 – Page 66 – ASEAN Economic Community Strategy Center

October 3, 2017

Vietnam, Laos boost industry, energy cooperation

NDO – The Vietnam Ministry of Industry and Trade in coordination with the Laos Ministry of Industry and Commerce and the Laos Ministry of Energy and Mines held a conference on the bilateral development of the industry, energy and mine sectors, in Da Nang, on October 1. The event is part of the activities to […]

October 3, 2017

Vietnam, Laos deepen cooperation

(VOVWORLD) -Party General Secretary Nguyen Phu Trong reiterated Vietnam’s strong support for Laos’ national construction and defense process at a reception for Lao Prime Minister Thongloun Sisoulith in Hanoi on Tuesday. He urged both governments to effectively implement agreements reached by leaders of the two countries and increase cooperation in security, defense, diplomacy, trade, and education. Prime Minister Sisoulith said […]

October 3, 2017

Indonesia: Batik Industry Claims Sales Have Dropped 30 Percent

TEMPO.CO, Jakarta – Owner of textile company Hesandra Indonesia, Fanti Wahyu Nurvita, reveals that batik sales for the premium market are experiencing a 30 percent drop in the last three years. “Conditions in the batik industry is not a booming market as it was four to five years ago,” said Fanti on Tuesday, October 3. She argues that the […]

October 3, 2017

Indonesia: Minister Sees Shifting in Trading Transaction Pattern

TEMPO.CO, Jakarta – Trade Minister Enggartiasto Lukita explains that there has been a shifting in the pattern of trading transactions recently. The ministry reminded that the rapid shifting on both buyers and sellers must be immediately anticipated by the business makers. “The lifestyle is shifting from offline to online, people used to walk to the nearest store to buy food, now [they] just need to press a button on their gadgets to do that,” said Enggartiasto during the […]

October 3, 2017

Myanmar: More than K400 million in gold tax collected in three months

The government has collected more than K400 million in tax revenues in the three months since implementing a new gold tax on jewelry stores, said U Aung Moe, Deputy Director of Internal Revenue Department (Mandalay) on October 3. According to the statistics of Internal Revenue Tax Department, the tax money received from July, the period […]

October 3, 2017

Cambodia: ADB offers $70M loan to improve transportation

The Asian Development Bank (ADB) has approved a $70 million loan to develop the Kingdom’s transportation infrastructure with the majority of the funding going towards improvements of national roads in Prey Veng, Siem Reap and Svay Rieng provinces. The loan is part of the ADB-backed Greater Mekong Subregion Southern Economic Corridor programme aiming to link […]

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Monthly Archives: October 2017