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Thailand: Business registration ticks upward

New business registrations rose 3% in February, driven by the economic recovery, state stimulus measures and higher private investment. According to Banjongjitt Angsusingh, director-general of the Business Development Department, the number of new business registration totalled 5,700, with combined registered capital of 26.98 billion baht. “Higher registration came in line with the country’s economic recovery […]

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Malaysia’s IPI up 3.5 per cent in January

KUALA LUMPUR (Bernama) – Malaysia’s Industrial Production Index (IPI) grew moderately by 3.5 per cent in January 2017, compared to the same month of last year. In a statement yesterday, the Statistics Department said the expansion was supported by positive growth in all indices, namely manufacturing (4.6 per cent), mining (1.1 per cent) and electricity […]

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Laos: Govt toughens up on foreign worker registration

The labour and security sectors are gearing up to register and issue temporary work permits to foreign workers as part of government efforts to strictly regulate foreign nationals. According to a report from the Ministry of Labour and Social Welfare, some 24,000 foreign workers were registered over the last year, mostly Vietnamese, Chinese and Thai […]

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Hanoi, Vientiane step up cooperation

VOV.VN – On March 13, Secretary of the Party Committee and Governor of Laos’ Vientiane capital Sinlavong Khoutphaythoun received visiting Vice Chairman of the Hanoi People’s Committee Nguyen The Hung in Vientiane. Sinlavong Khoutphaythoun thanked Hanoi for its support for his city’s infrastructure and human resources development while praising the result- oriented cooperation over recent years. For […]

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Myanmar: Regions can approve up to US$5m investments

The maximum amount of investments which can be approved by regional and state governments has been set to US$5 million (K6 billion). Region and state investment commissions will now be able to approve proposals without having to seek permission from Myanmar Investment Commission (MIC), according to an announcement from MIC chair U Kyaw Win on […]

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