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World Bank has committed over $2b in Myanmar as of June

The World Bank is currently supporting 43 active projects in Myanmar, Cambodia and Laos, with commitments of over US$2.7 billion as of June, according to the World Bank’s press statement. Myanmar accounts for over half of the total commitment in the three countries. 13 projects and over $2 billion are in Myanmar, with the remaining […]

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Thailand: Business hails labour law delay

Business leaders on Tuesday hailed the government’s decision to invoke the powerful Section 44 of the interim charter to delay enforcement of the new controversial labour regulation law for 180 days, saying the grace period is enough for local businesses to comply with the act. On Monday Big Business praised the government for bringing in new […]

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Indonesia: Number of Foreign Tourists Grows 26.66 Percent, Mostly from China

TEMPO.CO, Jakarta – The Central Statistics Agency (BPS) chairman Suhariyanto said that foreign tourist arrivals in May 2017 hit 1.16 million. The figure was an increase compared to April 2017 or 26.66 percent compared to May 2016. “It’s an encouraging trend because the number of foreign tourists rises consistently month-over-month,” Suhariyanto told a press conference in BPS […]

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New Thai labour rules send migrant workers packing for home

BANGKOK (AP) – Fearful that Thailand’s new labor rules will get them into trouble, tens of thousands of migrant workers are returning to neighbouring Myanmar, Cambodia and Laos, causing hardship to themselves and their Thai employers. Labour regulations that took effect June 23 could give foreign workers without proper permits up to five years in […]

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