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Mekong cross-border planning, management boosted as Commission secures German funding

The government of Germany has committed EUR4 million (approximately US$4.6 million) to the Mekong River Commission (MRC) to strengthen Mekong cross-border water cooperation, according to the MRC. The inter-governmental organisation of Cambodia, Laos, Thailand and Vietnam announced yesterday it had received an official letter from the Embassy of Germany to Laos in Vientiane that was […]

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Trade war will not have immediate impact on Asean

KUALA LUMPUR: The rising tension between the US and China will not have an immediate impact on Asean’s economic growth as a majority of the countries in the grouping have a domestic demand-driven economy and are backed by sound economic and policy fundamentals. S&P Global Ratings Economist Vincent Conti said the movement of emerging currencies […]

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Asian markets rise, boosted by oil surge

MOST Asian markets rose on Wednesday, with energy firms surging along with oil prices, as traders await the conclusion of a key Federal Reserve policy meeting. While worries about the China-US trade row continue to erode confidence, the strong US economy and healthy corporate outlook are providing some buoyancy for now. The weekend decision by […]

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Asean-wide silk initiative on the table

Following a visit of ambassadors from the region to local silk farms, Asean nations are mulling over the possibility of turning a very successful sericulture programme in the Kingdom into a regional initiative with the participation of universities across Southeast Asia. The envisioned Asean-wide silk programme would be based on the exchange and promotion of […]

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