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Myanmar: Vietnamese firm makes steel products in Thilawa

With Myanmar rapidly opening up to development, steel is becoming increasingly important to various industries in the country. Steel structures can be seen springing up across Yangon. As such, a Vietnamese steel importer is operating a manufacturing unit in Myanmar. Despite being one of the essential materials for construction, Myanmar relies heavily on imports rather […]

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Thailand loses its ‘cheap living’ reputation – Numbeo

Many of Thailand’s most popular tourist and retiree destinations are becoming the most expensive places in Southeast Asia to settle down, being beaten by Malaysian and Indonesia counterparts. The cost of living survey was conducted by comparison site Numbeo. Comparing the region’s top 18 destinations, Numbeo lists Bangkok as the second most expensive city after Singapore. […]

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Vietnam: High-level People’s Procuracy rejects taxi firm Vinasun’s law suit against Grab

The Hanoitimes – Grab did not violate Vietnamese regulation, as it was authorized by the Ministry of Transport to participate in the pilot program of applying technology in managing and connecting electronic contract-based passenger transportation. The head of the High-level People’s Procuracy in Ho Chi Minh City has rejected the law suit of local taxi firm […]

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Indonesians enjoy cheaper gasoline ahead of election

State-owned energy holding company Pertamina lowered the prices of its subsidized and non-subsidized gasoline by up to Rp 800 (6 US cents) per liter on Sunday, a move some consider political ahead of the presidential election in April. Although proposals to lower or increase fuel prices are made by Pertamina or other fuel distributors, they […]

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