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Vietnam, Laos seek to boost connection between businesses

NDO – A cooperation agreement was inked between the Vietnam Business Association for Cooperation and Investment in Laos (Viet-Lao BACI) and the Young Entrepreneurs Association of Laos (YEAL) in Vientiane on May 14. Among attendants were Vietnamese Ambassador to Laos Nguyen Ba Hung, Deputy Secretary of the Lao People’s Revolutionary Youth Union (LPRYU) Central Committee […]

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Cambodia and Thailand discuss railway transport

Cambodia and Thailand have recently begun negotiations on the cross border transportation of people and goods after their railways where connected in April. For in depth analysis of Cambodian Business, visit Capital Cambodia The two sides met to discuss checks at the border, according to Kun Nhim, director general of customs and excise at the Ministry […]

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Bank Indonesia keeps policy rate unchanged at 6 percent

Bank Indonesia (BI) will keep its interest rate unchanged amid rising uncertainties in the global financial market, adopting a monetary policy stance it called “cautious neutral” and “data dependent”. After a two-day board of governors meeting, the central bank maintained its policy rate – the seven-day reverse repo rate – at 6 percent, a level […]

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Thailand: Progress seen towards digital transformation

THAILAND is emerging as a fast-growing market for the adoption of digital technology by the country’s organisations and enterprises, a research company says. IDC expects that the performance of Thai organisations and enterprises will be measured by what it calls digital determination over the coming years. Jim Chin, the head of operations at IDC Thailand, […]

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Maturing Thai mobile market raises risks for telcos

Thai telecom operators are likely to continue to face pressure on mobile-service revenues, beset by slowing growth in data revenue. The country’s third-largest operator, Total Access Communication Public Company in particular, will be the most affected due to its large exposure to mobile revenues said Fitch Ratings in a note on Monday. Advanced Info Service […]

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