Economy and industry
As inflation rises, Myanmar's Central Bank aims at monetary tightening
The Central Bank of Myanmar plans to tighten monetary policy to counter inflation, though at the request of banks has extended the deadline to meet a new reserve requirement ratio until January, said senior officials. Amid signs of overheating, the Central Bank has been holding deposit ...
Soaring price of onions confronts NLD with challenge of governing
As the National League for Democracy prepares to take charge of Myanmar’s economy, small businesses in Yangon are cutting costs and preparing for the worst, with food prices soaring and the kyat touching an all-time low against the dollar. Restaurant and tea-shop owners in Myanmar’s largest ...
Vietnam's northwest seeking tourism aid from Ho Chi Minh City
As an economic and tourism hub in the country, Ho Chi Minh City plays a vital role in the development of tourism in the north-western region, Deputy Prime Minister Nguyen Xuan Phuc has said. The city administration needs to offer more incentives to encourage tourism enterprises ...
Vietnam is still scratching the surface of what it can become: economists
Vietnam is believed to have achieved many great successes a lot over the last three decades of economic renovation, but many economists say the years ahead will continue to be challenging. At a forum in Hanoi last week to mark the 30th year of the reform ...
THAI staff threaten strike action
Thai Airways International Plc (THAI) has assured it plans no salary cuts for middle-level and low-level staff amid speculation ground staff plan a strike against the company’s cost-cutting scheme. Rumours of a strike on 25 November spread rapidly on social media via groups of staff, prompting urgent attempts ...
Thailand's debt-stricken teachers 'need financial help'
The Thailand Teacher’s Development Association on 23 November demanded Education Minister Dapong Ratanasuwan provide debt refinancing packages, to prevent teachers from becoming swamped with debts which will eventually affect the students. The association proposed the ministry combine formal and informal debts of teachers nationwide, and transfer the whole chunk ...
Expired Thai food burned in Battambang
Customs officials in Battambang on 23 November seized and burned nearly 500 kilograms of expired food imported from Thailand. The intercepted goods included noodles, dried squid, biscuits and candy. Keep reading ...
ASEAN Community officially formed in landmark declaration
The ASEAN Community was officially declared on 22 November by leaders of the 10 member states of ASEAN in a landmark moment promising greater regional integration for the 48-year-old group. Twelve years in the making, the foremost goal of the ASEAN Community is to turn the region ...
Vietnam's SMEs to face regional competition
Small and medium-sized enterprises in Vietnam have paid little attention to the nearing formation of the ASEAN Economic Community (AEC), while larger companies with a “national brand name” are actively preparing for the regional integration process. Le Thanh Hai, the deputy manager of the Viet Nam ...
Last body recovered from mine collapse in northern Vietnam
Rescuers early on 23 November recovered the body of Bui Van Quy, 23, the last of the three dead victims in a coal mine collapse in the northern province of Hoa Binh last week. His body was found behind a large rock at about 2:30 a.m., nearly 700 meters ...
