Economy and industry
China’s cooling economy is a warning for ASEAN
As China heads into its Party Congress next week, concerns have been surfacing over the past few months about the state of the world’s second-largest economy, which has implications not just for Beijing but also neighboring Southeast Asian states. The recent downgrading by Standard & Poor’s (S&P) ...
Luke Hunt
ASEAN to smoothen land, sea and air movements between member states
Speaking at the opening of the Asean Transport Ministers Meeting on Thursday (Oct 12), Mr Teo said that on Friday, ministers from the 10 member states will be signing an Asean Framework Agreement on the Facilitation of Cross-Border Transport of Passengers by Road Vehicles (CBTP). Keep ...
Christopher Tan
Belt and Road shields Myanmar from Beijing’s capital crackdown
Beijing recent crackdown on outbound investments does not affect Myanmar because of its involvement in the Belt and Road Initiative (BRI). The sectors targeted by the restriction do not concern investment projects here, which are mostly infrastructure and energy-related. Keep reading ...
Thompson Chau
Laos, Vietnam speeding up oil pipeline project
Lao authorities are gearing up to realize the planned bonded warehouses and pipeline project from Vietnam’s Hon La port to Laos’ Khammuan province as the countries’ leaders agreed to speed up implementation. Keep reading ...
Souksakhone Vaenkeo
Dept open to ideas on new Customs law
Investors remain unconvinced that the new Customs law will facilitate faster clearance of goods even as the Customs Department chief promised to be open to feedback from the business community. [] Thailand has been promoting trade and investment in CLMVT (Cambodia, Laos, Myanmar, Vietnam, Thailand) for ...
Wichit Chaitrong
TOA to establish three more overseas plants in ASEAN leadership drive
TOA Paint (Thailand) plans to set up three additional production plants overseas – in Indonesia, Myanmar and Cambodia – as it aims to become the leading player in ASEAN paint and coatings markets. Keep reading ...
The Nation News Staff
Mega First unit secures RM634m loan for Laos hydro power project
Mega First Corporation Bhd has secured loan facilities totalling US$150mil or RM634.87mil to part finance the building of its Don Sahong hydropower project in Laos.It said on Tuesday its unit Mega First Investments (L) Ltd had entered into facility agreements with various financial institutions for club ...
Joseph Chin
Myanmar working to preserve eco-system in coastal areas, improve water management
As part of its environment protection efforts, Myanmar, a signatory of the Paris Agreement on Climate Change, is taking measures targeting the conservation of the eco-system in coastal areas and striving to improve water resources management in the country. Keep reading ...
Aviation red flag removed against Thailand, airline shares jump
The U.N. International Civil Aviation Organization has removed a red flag against Thailand over safety concerns, the Civil Aviation Authority of Thailand said on Monday, sending shares in Thai airlines sharply higher. Keep reading ...
Reuter News Staff
US$5.2 billion first phase of China-Thailand railway project facing further delays, reports say
Construction had been expected to start next month, but that is now unlikely as Thailand’s environmental authorities have yet to give the project the green light, China’s CCTV reported on Friday, citing Thai media.Experts need to evaluate potential areas of concern, and construction will not ...