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Laos, Thailand agree on business cooperation to boost economy

Laos and Thailand have agreed to cooperate on business development to promote trade and investment in order to boost economic efficiency and relations between the two countries. The government and business sectors of the two countries yesterday signed eight Memorandums of Understanding (MoU) in Vientiane at the Laos-Thai Business Forum. The first MoU is to […]

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Myanmar: Planning and finance minister hints at favouring import substitution

The administration will focus on supporting the developments of local small and medium enterprises (SMEs) through measures such as tackling illegal trade, boosting export-oriented businesses and improving industrial zones, according to the vice president, the minister of the Ministry of Planning and Finance and Yangon Region’s chief minister. Notably, the planning and finance minister also […]

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Singapore now world’s second-largest shark fin trader

Despite various moves here in recent years, such as hotels removing shark’s fin from their restaurant menus, for example, Singapore has moved up the ranks to become the world’s second-biggest trader of the product, a report has found. Traffic, a wildlife-trade monitoring network, and the World Wide Fund for Nature (WWF), which published the report, […]

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Laos, Thailand agree on master plan

THAILAND AND Laos have agreed to draw up a a five-year master plan to double the value of bilateral trade and investment to US$10 billion (Bt344 billion) by 2021. Deputy Prime Minister Somkid Jatusripitak announced the deal yesterday after an official meeting with Laotian Deputy PM and Finance Minister Somdee Duangdee in Vientiane. “We will […]

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