vn03
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GE’s Vietnam plant embraces manufacturing tech

US industrial and manufacturing giant General Electric Co (GE) is stepping up its investments in manufacturing technology and digital innovation with the first “Brilliant Factory” in the CLMV (Cambodia, Laos, Myanmar and Vietnam) economies. The New York-listed multinational is known for innovative creations in various sectors, including the electric light bulb, the first US jet […]

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Indonesia: Govt told to relax property ownership for foreigners to boost growth

State-owned lender PT Bank Negara Indonesia (BNI) has announced it will stop disbursing credits for ownership of apartments in Meikarta township project, following the arrests of several people, including executives of Lippo Group, by the Corruption Eradication Commission (KPK) in a bribery case. BNI retail director Tambok PS Simanjuntak said the ceasing of the disbursement […]

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Lax registration set to improve Lao business environment

INVESTORS and business operators in Laos will no longer find it so difficult to register their enterprise after the Ministry of Industry and Commerce unveiled a new plan that will cut the registration time to 10 working days. Minister of Industry and Commerce Mrs Khemmani Pholsena issued the ministerial agreement on enterprise registration on January 9 and […]

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