Laos: Lao economy expected to slow further Thursday, 7 July 2016 – Declining demand for commodities and plunging rubber prices led to the slowdown of the economy. The economy in Laos is projected to grow at a rate of just 6.9 per cent this year which is lower than the government?s target set at 7.5 […]
Read MoreVietnam stocks fall on profit-taking WEDNESDAY, 6 JULY 2016 – Vietnam shares retreated on Wednesday after hitting an eight-year high in the previous session as investors booked profits.Activity across much of the region was subdued as most markets were closed for Eid al-Fitr.Broader Asian share markets turned tail as fears over instability in the European […]
Read MoreVietnam, Philippines With Strongest Growth Prospects SATURDAY, 2 JULY 2016 – The World Bank projects that Vietnam and the Philippines will grow strongest among large developing economies in East Asia over the coming years. In the Philippines, growth is projected at 6.4 per cent in 2016, with an accelerated implementation of public-private partnership projects and […]
Read MoreThailand proposes tourism package with Laos WEDNESDAY, 6 JULY 2016 – Thailand and Laos will work out on a joint masterplan on tourism to boost the number of travellers coming to the region. The plan for linked tourism will be based on the concept of two countries-one destination,enabling visitors to Thailand to expand their vacation […]
Read MoreALRO is bracing to reclaim Sor Por Kor land from illegal owners WEDNESDAY, 6 JULY 2016 – The Agricultural Land Reform Office (ALRO) is make preparations to reclaim the Sor Por Kor land from illegal owners or occupants now that the National Council for Peace and Order has recently issued 13 directives to solve the […]
Read MoreExport forecast revised down over global uncertainty WEDNESDAY, 6 JULY 2016 – Business leaders yesterday slashed their projection for this year’s exports, but maintained the country’s economic growth forecast on anticipation that the robust tourism sector and accelerated public spending would offset bleak outbound shipments. This year’s exports are expected to register anywhere from a […]
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