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Laos keen on more Malaysian investment

SAVANNAKHET, Laos (Vientiane Times/ANN) -The government is encouraging more Malaysian businesses to invest in several sectors in Laos, especially the 12 special economic zones spread across the country.   Malaysia is currently ranked 4th in the list of foreign investors after China, Thailand and Vietnam, with investments of US$795 million in 99 projects. Electricity generation is […]

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Cambodia: NBC prepares for 19th LPCO

The National Bank of Cambodia said it will release about 120 billion riel (about $30 million) for commercial banks and microfinance institutions to bid in the 19th liquidity-provided collateralised operation (LPCO). Bidding will be on April 24. Of the total, 40 billion riel or $10 million will be for LPCO maturities for three months. The […]

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Malaysia: March inflation 1.3% higher

PETALING JAYA: Malaysia’s Consumer Price Index for March rose by 1.3% from a year ago, which was below a survey of a 1.6% increase, according to the Statistics Department. However, Selangor and Putrajaya recorded higher inflation at 1.6%, Melaka 1.5% and Kuala Lumpur 1.4%. Its chief statistician Datuk Seri Mohd Uzir Mahidin said the national […]

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New Myanmar-China economic zone in the works

Negotiations are underway between Myanmar and China for the construction of a Chinese economic zone to promote Myanmar manufacturing and tourism, U Yan Naing Tun, director general of the Department of Trade under the Ministry of Commerce told The Myanmar Times last week. This comes after the two countries last year signed an MOU to develop the […]

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