Economy and industry

The Finance Ministry proposes to cut the transfer and mortgage fee to 0.01 per cent of the appraised value for a period of six months to one year as part of the government’s stimulus measures for the property sector. The ministry also plans to relax lending conditions ...

The rural heartland of Thailand’s deposed leader Yingluck Shinawatra and her exiled billionaire brother Thaksin is hurting as a result of the military government’s economic policies, stirring discontent and the threat of protests. The removal of generous agricultural subsidies has left rice farmers in northeast Thailand ...

Hackers have stepped up their attacks on government organizations and companies in Southeast Asia and made the region one of the most targeted in the world amid heightened regional tensions, according to security provider FireEye. Keep reading ...

A national road safety action plan established in 2011 is severely off target and road deaths could surpass 3,200 by 2020 unless drastic action is taken, the National Road Safety Committee (NRSC) warned on 30 September. In total, 2,226 people were killed in 4,645 recorded traffic ...

Garment worker unions on 30 September decried a preliminary, government-suggested increase to the minimum wage as being far too close to what they perceive as a lowball offer from employers. As tripartite wage talks continue, unions said officials from the government’s Labour Advisory Committee had on 29 ...

The Bank of Laos has proposed the postponement of direct lending to new state investment projects as part of measures to safeguard the banking and financial system of the country, according to the central bank governor. Mr Somphao Phaysith made the proposal at a meeting between ...

A court in Laos has sentenced a Polish activist to nearly five years in prison after he posted criticism of the Lao government online, according to state media, drawing criticism from a diplomatic official who said the defendant was never given access to an attorney. Keep reading ...

Several Thai government websites temporarily crashed due to a “symbolic act” by people against plans to introduce a single Internet gateway, officials said on 1 October, a measure critics say will make it easier for the ruling junta to censor the web. Keep reading ...

Lao government officials have expressed concern about the interest rate on a U.S. $500 million loan from China to build a multibillion-dollar, high-speed railway through the Southeast Asian nation, and have asked political leaders to negotiate a lower rate, a high-ranking Lao official said. Keep reading ...

The Australia and New Zealand (ANZ) Banking Group has become the last of nine foreign banks to receive a branch licence to operate in Myanmar. The Central Bank of Myanmar’s licencing committee announced it had awarded a licence to ANZ on 29 September, just days ahead ...