Investment by domestic and foreign private sector climbed to more than 16,530 billion kip in the first half of this year, exceeding the target for the whole year by 10 percent, the government has said. The Laos-China Railway, on which construction began in December last year, appeared to be the main driver of this huge […]
Read MoreCambodia and Thailand yesterday agreed to seek more strategies to boost bilateral trade, cross border development and investment to achieve the target of $15 billion in trade exchange between the two Asean neighbours by 2020. Both countries also reached an agreement on double tax avoidance and preventing the declaration of fraudulent income to avoid tax […]
Read MoreCHINESE investors have expressed an interest in investing and developing the area across Yangon River and to construct an international airport, a port and housing projects, according to a local Chinese business association. The proposed locality and projects overlap with the prospective South Korea-led special economic zone. Members of the Yangon-headquartered Myanmar Chinese Chamber of […]
Read MoreMANILA — The Philippines has suspended trade relations with North Korea to comply with a UN Security Council resolution over its repeated missile tests, Manila’s foreign minister said on Friday. The United States and other Western countries have asked the United Nations to consider tough new sanctions on North Korea after its test last week […]
Read MoreTHAILAND’s government has signed two contracts worth a combined Baht 5.2bn ($US 157.1m) with Chinese state enterprises for the first phase of the Bangkok – Laos high-speed rail project. The first contract encompasses the detailed design of the 250km first phase of the project between Bangkok and the northeastern province of Nakhon Ratchasima and is […]
Read MorePRIVATE-SECTOR economists have maintained their growth forecast for Singapore’s economy for 2017, said a quarterly survey released by the Monetary Authority of Singapore (MAS) on Wednesday. Those polled said that they expect the economy to grow 2.5 per cent this year, unchanged from their forecast in June. They also predicted that gross domestic product (GDP) […]
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Thailand
