SINGAPORE: Oil prices rose on Wednesday, supported by confidence that an Opec-led output cut aimed at tightening supply would be extended to all of 2017 and the first quarter of next year. Brent futures rose to US$54.34 per barrel by 0652 GMT, up 19 cents, or 0.35%, from their last close. US West Texas Intermediate […]
Read MoreCambodia and Thailand are keen to be better connected by cross-border highways to boost bilateral economic growth, said an official in the Thai Embassy yesterday. “The Thai government sees the importance of promoting logistics by road links especially for bilateral trade, and has a policy to promote basic infrastructure, transportation of goods and the provision […]
Read MoreThe capital aims to generate US$11.1 billion from exports this year, 4.5 per cent higher than 2016, the municipal Department of Industry and Trade has said. To achieve this goal, Hanoi will continue work on accelerating administrative reforms with special focus on customs, tax and business licencing procedures, as well as draw up effective policies. […]
Read MoreCore inflation rose to 1.7%, the highest since Oct 2014, due to rise in gas, electricity costs amid higher oil prices Consumer prices went up again last month – the fifth month in a row – although the pace has slowed a little. Headline inflation was 0.4 per cent last month, down from 0.7 per […]
Read MoreHANOI – Vietnam plans to open three special economic zones that offer investors greater incentives and fewer restrictions than available to date in the country, the investment minister said. Foreign direct investment, largely in manufacturing, has been key to Vietnam’s growth. It hit a record of US$15.8 billion last year and has risen 6% in […]
Read MoreVIENTIANE, May 24 (Xinhua) — Lao economy is projected to expand at around 7 percent annually for the period 2017 to 2019, according to the latest edition of the World Bank’s Lao Economic Monitor released Wednesday. The country’s growth is driven by a pipeline of power projects and recovery in the agriculture and manufacturing sectors, […]
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