KUALA LUMPUR (Bernama) – Malaysia’s Industrial Production Index (IPI) grew moderately by 3.5 per cent in January 2017, compared to the same month of last year. In a statement yesterday, the Statistics Department said the expansion was supported by positive growth in all indices, namely manufacturing (4.6 per cent), mining (1.1 per cent) and electricity […]
Read MoreThe labour and security sectors are gearing up to register and issue temporary work permits to foreign workers as part of government efforts to strictly regulate foreign nationals. According to a report from the Ministry of Labour and Social Welfare, some 24,000 foreign workers were registered over the last year, mostly Vietnamese, Chinese and Thai […]
Read MoreVOV.VN – On March 13, Secretary of the Party Committee and Governor of Laos’ Vientiane capital Sinlavong Khoutphaythoun received visiting Vice Chairman of the Hanoi People’s Committee Nguyen The Hung in Vientiane. Sinlavong Khoutphaythoun thanked Hanoi for its support for his city’s infrastructure and human resources development while praising the result- oriented cooperation over recent years. For […]
Read MoreThe maximum amount of investments which can be approved by regional and state governments has been set to US$5 million (K6 billion). Region and state investment commissions will now be able to approve proposals without having to seek permission from Myanmar Investment Commission (MIC), according to an announcement from MIC chair U Kyaw Win on […]
Read More(KPL) Thailand’s Kasikorn Bank (KBank) has expanded its business operations by opening its new headquarters in Vientiane Capital. The grand opening of the Headquarters of Kasikorn Bank was held in Sisaket village in Vientiane Capital on March 13. Kasikorn Bank entered the Lao PDR at the end of 2014 and has two branches in Vientiane […]
Read MoreThe dominance of the US dollar in the banking system prevents the central bank from lowering interest rates to spur investment and create jobs. Cambodia is handicapped by the dollarization of its economy in three ways, according to Kith Sovannarith, Deputy Director General of Banking Supervision at the National Bank of Cambodia. First, the NBC […]
Read More
Thailand
