PHNOM PENH: The new railway line that connects Phnom Penh to Poipet on the border, linking with trains from Thailand’s Sa Kaeo province to Bangkok, is expected to begin operating next year. “The new line from Phnom Penh to Poipet city is expected to be completed next year, well ahead of our previous deadline, which […]
Read MoreMANILA, Philippines — DBS Bank Ltd. of Singapore expects the country’s external balance to worsen over the next two years with the current account (CA) deficit breaching one percent of the domestic output. Gundy Cahyadi, economist at DBS, said the country’s current account shortfall would widen to 1.1 percent of gross domestic product in 2018 […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures rose 2 percent on Tuesday, a second consecutive session of gains on stronger export demand and expectations of weaker production. The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange was up 2 percent at ,500 ringgit ($612) a tonne at the midday break, its sharpest daily rise since Dec. […]
Read MoreVientiane authorities are seeking entrepreneurs to invest in and build the planned 15-km expressway linking the city to its north-eastern outskirts in Xaythany district. The authorities have issued an announcement inviting interested local and foreign investors to competitively bid for the development of the project. The 54-metre-wide road will be built parallel to Kaysone Phomvihane […]
Read MoreThailand’s 2017 tuna exports are expected to fall 1% shy of the 76.3-billion-baht target, largely due to declining supply and a stronger baht, which has made Thai products less competitive, says the Thai Tuna Industry Association (TTIA). TTIA president Chanintr Chalisarapong said the target of 76.3 billion baht had been set below the previous year’s […]
Read MoreThe Hanoitimes – Head of the Ministry of Finance`s Corporate Finance Department Dang Quyet Tien has announced that the government will sell the remaining 36% stake in Sabeco. The Ministry of Industry and Trade on December 11 announced that an investor has registered to hold at least 25 per cent of the Saigon Beer, Alcohol and […]
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