Thailand: Thailand considers buying more power from Laos Tuesday, 19 July 2016 – Thailand may buy 9,000 megawatts of electricity from Laos this year to ensure sufficient supply to meet rising demand, says a senior official at the Energy Ministry. That is nearly 30% higher than the 7,000MW Thailand currently buys annually from Laos, according […]
Read MoreSingapore: Singapore banks’ concerns grow about oil and gas sector exposure Thursday, 28 July 2016 – Two of Singapore’s top banks flagged mounting concerns about loans to the oil and gas sector, on the same day that a prominent local oilfield services firm announced it was winding up, under the weight of crushing debt. The […]
Read MoreMyanmar: Myanmar turns to timber exports to save forests Monday, 04 July 2016 – Long a timber-producing and exporting country, Myanmar will start importing wood to protect its forests while allowing local timber companies to continue operating, the government has decided. U Kyaw Zaw, director of the office of the minister for natural resources and […]
Read MoreMyanmar: Central Bank shifts from manual to auto Friday, 01 July 2016 – The inner workings of Myanmar’s Central Bank rarely attract much interest from international investors more focused on fresh opportunities in sectors like infrastructure and agriculture. But since the start of the year the bank has gone through fundamental changes that have left […]
Read MoreMyanmar: Myanmar farmers wary of free trade deadline Friday, 01 July 2016 – Six months into the grace period, Myanmar farmers are worrying what will happen when free trade finally comes to all ASEAN members in 2018. For most of its members, the ASEAN Economic Community came into force on December 31 last year, allowing […]
Read MoreVietnam: BIDV to help boost Vietnamese investment Monday, 04 July 2016 – Bank for Investment and Development of Vietnam (BIDV) is planning to boost Vietnamese investment into Myanmar once its new branch starts operating later this month, the bank officials said. “As soon as the bank’s branch has been launched Vietnamese investment and trade will […]
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