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Laos fosters cooperation with China, Mekong countries

Yunnan province, China: — Laos is strengthening cooperation with China and the Mekong countries by supporting the five-year strategic plan from 2018-2023 which was approved at last week’s 3rd Lancang-Mekong Cooperation (LMC) Foreign Ministers’ meeting.  A Lao delegation attended the meeting held in Dali, southwest China’s Yunnan province, from December 14-16, led by Minister of Foreign […]

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Thailand: New business registrations up 14% in November

New business registrations in November rose 14% year-on-year to 6,597 – the highest monthly registration in a decade. The combined value of investment capital of the new businesses registered last month was 64.46 billion baht, up 328% from the same month in 2016. Kulanee Issadisai, the director-general of Business Development Department, said the top three […]

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Cambodia: Gold processing to begin next year

Following the recent approval of its environment and social impact assessment by the Ministry of Environment, the kingdom’s first gold-processing plant will begin operations next year, a spokesperson for the Ministry of Mines and Energy said on Monday. The new factory will be built by Indian mining firm Mesco Gold, which was granted the first […]

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Malaysia: Consumers worry about nation’s fiscal status, job security, debt, says Nielsen survey

KUALA LUMPUR: Malaysian consumer confidence remained stable in the third quarter of 2017 but there remains the nagging worries about the nation’s fiscal status, job security and debt, says a Nielsen consumer confidence survey. According to the findings of its Global Survey of Consumer Confidence and Spending Intentions  issued on Tuesday, Malaysian consumer confidence dipped […]

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Indonesia – Sri Mulyani: Urbanization Resulted at Positive Economy

TEMPO.CO, Jakarta – Finance Minister Sri Mulyani recently said that urbanization has a positive effect towards the country’s economic growth. She said that urbanization has driven household consumption, investments, up to government spending. “It further impacted the economic growth,” she said during a seminar entitled ‘Managing Urbanization for Sustainable Cities’ today, Dec. 19. She argued that urbanization is also […]

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