VIENTIANE, Feb. 28 (Xinhua) — The International Monetary Fund (IMF) has predicted that Laos’ gross domestic product (GDP) will grow at 6.8 percent in 2017, less than the government’s projected rate of 7 percent. The IMF concluded a consultation with Laos in mid-February, describing Laos’ challenges in dealing with the current account deficit, falling foreign […]
Read MoreWhile Vietnamese authorities are criticized for not taxing Uber enough, local Uber drivers are complaining about having between 15 and 25 percent of their earnings end up in the company’s pocket. Uber’s initial vision was to provide a technological solution for car and motorbike owners to utilize their vehicles and earn an extra living. However, […]
Read MoreTwo Vietnamese ministries have discussed a plan to slap an administrative fine on YouTube, saying the world’s largest video-sharing platform has violated Vietnam’s advertising regulations. YouTube has allowed advertisers in Vietnam to run commercial content on its platform without informing the relevant Vietnamese authorities as per local laws, the culture ministry said in a dispatch […]
Read MoreCambodia-based Kerry Worldbridge Logistics (KWB) and InSITE Bavaria signed an agreement to develop the first German-Cambodian industry and technology cluster at Kerry Worldbridge Special Economic Zone. Khmer Times’ Sok Chan recently spoke to Charles Esterhoy, KWB’s chief operations officer, on the concept of Industry 4.0 and how it will be incorporated into KWB’s special economic […]
Read MoreMANILA, Philippines – The Philippines and Cambodia are looking to work together to research on rice in a bid to boost rice production in both countries. In a statement, the Department of Agriculture(DA) said it recently met with officials of Cambodia’s Ministry of Agriculture, Forestry and Fisheries, who sought Philippine cooperation in learning new rice […]
Read MoreKUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday Feb 27. FUNDAMENTALS * Malaysian palm oil futures recovered in late trade on Friday on forecasts of stronger export data and short-covering ahead of the weekend. * U.S. wheat futures fell to a two-week low on […]
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Thailand
