From 2016-2020, Laos expanded electricity capacity to 6,457MW for export markets, which represents an increase of 145 per cent over the previous five-year period. The Ministry of Energy and Mines earned more than 130 billion kip ($14.6 million), up 35 per cent compared to 2011-2015. Minister of Energy and Mines Khammany Inthirath reported the results […]
Read MoreThe Hanoitimes – In Vietnam, the greatest SDG investment opportunities are found in transport infrastructure and improving digital access. All emerging markets need an estimated US$10 trillion (USD9.67 trillion) from private-sector investors to achieve the UN’s Sustainable Development Goals (SDGs), with Vietnam representing US$45.8 billion of that total, according to Opportunity2030: The Standard Chartered SDG Investment Map. […]
Read MoreAFP – Indonesia’s economy grew more slowly than expected last year, official data showed yesterday, and officials warned the country’s lucrative tourism sector faced a negative impact from a drop in Chinese tourists owing to the deadly coronavirus. Southeast Asia’s biggest economy expanded 5.02 percent, down from the 5.17 percent the previous year, owing to weakness […]
Read MoreKUALA LUMPUR: RHB Research expects the impact from the novel coronavirus to be limited with most of the fallout to be seen in the first and second quarter of this year. It said on Thursday the novel coronavirus still poses an uncertain downside given the ambiguity of its outcome. With the rate of infections surpassing […]
Read MoreConsumer sentiment keeps falling, with the deadly virus outbreak adding to key concerns such as the delayed fiscal 2020 budget, the domestic economic slowdown and political instability. The University of the Thai Chamber of Commerce (UTCC) reported yesterday that the consumer confidence index dropped to 67.3 in January from 68.3 in December, 69.1 in November […]
Read MoreBANGKOK (BLOOMBERG) – Thailand’s central bank unexpectedly cut its benchmark interest rate for a third time in six months on Wednesday (Feb 5), taking it to a record low as a virus spreading from China puts further pressure on the struggling economy. The Bank of Thailand’s (BOT) monetary policy committee voted unanimously to cut the one-day […]
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