LUANG PRABANG, Laos — An ambitious $6 billion high-speed railway project in Laos that would link China with the Laotian capital of Vientiane on the Thai border is meant to be a symbol of cooperation under Chinese President Xi Jinping’s flagship Belt and Road Initiative. But with Beijing calling the shots and leaving out locals, […]
Read MoreCounterfeit goods and illegal trade are among the biggest issues for businesses looking to expand in Myanmar, foreign investors and local businessmen told The Myanmar Times. Even though Myanmar has prioritised economic development and identified the sectors it wishes to promote, the counterfeit goods markets and illegal trading activities could undermine the government’s efforts to […]
Read MoreTHE Monetary Authority of Singapore’s (MAS) Cyber Security Advisory Panel (CSAP) feels that strong basic cyber hygiene practices are fundamental in securing cyber resilience. The CSAP was set up in September this year with a mandate to advise the MAS on strategies to enhance the cyber resilience of Singapore’s financial sector. At its inaugural meeting, […]
Read MoreAs an agreement on railway transportation materialises, Cambodia and Thailand are set to hold a ceremony early next year to celebrate the official opening of the line that will connect Phnom Penh and Bangkok, a representative of the Ministry of Public Works and Transportation (MPWT) said yesterday. The ceremony will be attended by Prime Minister […]
Read MoreSingapore and Thailand are in discussions about connecting their national digital payment systems to forge an unprecedented regional alliance, as officials step up efforts to curb the use of cash. The link would bring together Southeast Asia’s first national digital-payment platforms, Singapore’s PayNow and Thailand’s PromptPay, said Naphongthawat Phothikit, director of payment systems policy at […]
Read MoreMANILA, Philippines — The World Bank has trimmed anew its growth forecast for the Philippines to 6.6 percent this year and 6.7 percent in 2018 and 2019, citing a slower-than-expected implementation of public investment projects which stalls the growth in spending. The international financial institution in April pegged its economic growth outlook for the Philippines […]
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Thailand
