The government is creating new decrees to ensure the sustainable development of Special Economic Zones (SEZs) in ways that yield strong benefits. Special Economic Zones are economic development areas set up to attract large-scale investors, both Lao and foreign, to spur economic growth and create job opportunities for local people. Government officials from central and […]
Read MoreThe Thai economy will continue its steady upward climb, growing by 3.4% this year and 3.6% next year as exports improve, the Bank of Thailand said on Friday. Gross domestic product (GDP) expanded by 3.2% last year and by 2.9% in 2015. Jaturong Jantarangs, a central bank assistant governor, said a steady recovery was being […]
Read MoreCredit guarantee insurance was introduced under the former government in 2014 but the system has not been widely adopted by banks and businesses. As a result, financial support for SMEs remains inadequate. So far, CB bank has offered loans to 21 businessmen, KBZ has given loans to only three, and banks are still unable to […]
Read MoreThe Lao PDR’s economic growth is picking up this year and is expected to continue growing in 2018, supported by the expansion of production, sale of electricity, buoyant service sector growth, and construction of the cross-border railway project, an Asian Development Bank report pointed out. The ADB’s flagship annual economic publication, Asian Development Outlook (ADO) […]
Read MoreUnder the previous government, the construction of low-cost apartments failed to reach its target. With the new government, we have to wait and see whether or not the specified numbers of low-cost apartments can be built in time. The previous administration had claimed that they were going to complete the construction of one million apartments […]
Read MoreThailand’s listed Eastern Water Resources Development and Management Plc’s subsidiary Universal Utilities Plc. a tap water provider, plans to spend some 200 million baht ($6 million) a year to buy water from the still to be built Stung Nam hydroelectric dam in Koh Kong province to supply the Thai provinces of Chon Buri, Rayong and […]
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Thailand
