News
Agricultural producers propose lowering electricity costs
The government has been unable to resolve the cost of electricity for agricultural entrepreneurs, while the cost to import from neighbouring countries remains high. In previous years, many agricultural entrepreneurs proposed reducing the cost of electricity for their agriculture products, but the government has not ...
Regulations key to electronics growth
Local electronic firms have been urged to enhance compliance with established regulations, especially international labour standards, in order to improve competitiveness and to engage in the global supply chain, heard a conference on Tuesday.Keep reading ...
Forty Chinese banks found in violation of interbank rules
China’s central bank has found 40 banks in violation of interbank account regulations and have ordered them to rectify the problem within three to six months, financial magazine Caixin reported on Tuesday, citing a document. Read more ...
Big Four firm hails Belt and Road as a “global game changer”
A recent report from a multinational professional services firm praises China’s Belt and Road Initiative (BRI) as transcending beyond initial expectations by extensively boosting trade and commerce and supporting both physical and social infrastructures. It urged foreign businesses to join the game. The report Repaving ...
ASEAN-EU plans joint statement on climate change
Senior officials from ASEAN and the European Union are working on a joint statement on climate change to show their solidarity and commitment to the Paris Agreement.“The doc ument will be finalised soon, and the announcement will be made at the post-ministerial meeting,” said a ...
LPG market wide open for competition
After more than three decades of government manipulation, liquefied petroleum gas (LPG) trading has been completely liberalised as of today, say industry officials and experts.Keep reading ...
Trat SEZ pinned as border hub
Thailand’s much-touted Eastern Economic Corridor (EEC) and a new special economic zone (SEZ) in Trat province are expected to become instrumental in bolstering trade not only to Thailand but also to Cambodia and Vietnam, business leaders from the two countries said at a cross-border trade ...
Laos, Indonesia enhance wide-ranging cooperation
National defence and security, education, telecommunications, trade and investment, banking cooperation, public works and transport, and agriculture were major topics of discussion between Lao and Indonesian government officials last week. The discussion took place during the visit of Lao Minister of Foreign Affairs Mr Saleumxay ...
Japanese investment to bring jobs to nation's south
More Japanese investors are seeking to locate factories at Pakxe-Japan SME Specific Economic Zone in Champassak province in moves set to generate hundreds of jobs for Lao people. Approval of planned investments by the companies is expected between now and the end of this year, ...
Indonesia and Thailand charting clear maritime boundaries
Indonesia and Thailand are embarking on what could be a long and tedious negotiation process to determine the border of the exclusive economic zones (EEZ) between the two countries in the Andaman Sea. Read more ...