Economy and industry
How ASEAN countries fare in IP protection
Strong legal protection of intellectual property is one of the factors that attract foreign investment, especially in knowledge-intensive sectors. In the recently published 2015 International Intellectual Property or IP Index, 31 countries were assessed and given scores out of 30. The 31 included six of the ...
Vietnamese among the most socially conscious consumers: global survey
Vietnamese consumers are the most socially-conscious among Southeast Asians, with 86 percent expressing their willingness to pay extra for products and services from firms which are committed to positive social and environmental impact, a new Nielsen survey found. The survey also showed that consumers in Southeast ...
Residents flee as houses sink
Subsidence affecting nine townhouses at a housing estate in Pathum Thani could have resulted from pile foundations breaking underground due to soft soil, according to an initial investigation by the Engineering Institute of Thailand on 14 October. Keep reading ...
Bangkok motorists face new oil, gas charge
Bangkok-based petrol stations will be hit with a new local tax collected from their oil and gas sales at five satang a litre, starting on 15 October, as City Hall steps up efforts to pull in revenue for city development. It is the first time such a tax has ...
Yangon flood losses top K11 billon
Yangon is at greater risk than many other parts of the country to natural disaster, said Yangon Region Chief Minister U Myint Swe. Flooding in 14 of the region’s townships caused losses of more than K11 billion (US$8.5 million) this year, he said. Keep reading ...
Port gets green light to list on Cambodian stock exchange
The Securities and Exchange Commission of Cambodia has given the Phnom Penh Autonomous Port preliminary approval to make an initial public offering on the country’s fledgling bourse, which the state-run firm expects to join in early December. Should it succeed, the port will be only the ...
Thailand, ADB join hands for Mekong subregion development
The Asian Development Bank (ADB) and Thailand signed a memorandum of understanding on 15 October, aiming to support economic development programmes mainly in countries along the Greater Mekong Subregion. Keep reading ...
Vietnam's economic growth dampened by company shutdowns, trade deficit
Vietnam has pulled off an impressive feat this year, bucking a global slowdown trend to post an economic growth of 6.5 percent in the first nine months. But some senior legislators have said the strong growth might not be sustainable, considering the large number of companies ...
Vietnam wakes up to disaster possibilities after China discharges water in river
The National Center for Hydro-meteorological Forecasting has reported unusual flooding in the Red River in northern Vietnam since 11 October following heavy inflows from China, where massive volumes of water have allegedly been discharged from dams. Though there has been no human casualty, the flooding has ...
Vietnam government to sell its stakes in 10 major companies
The government has announced it will sell out its stakes in 10 companies including dairy giant Vinamilk and information technology leader FPT. Keep reading ...
