Connect with us

Asean

Thailand approves three Dawei working committees

The Thai Cabinet has approved the establishment of three joint Myanmar-Thailand committees to coordinate the development of the Dawei deep-sea project and related areas in Burma and Thailand.

Avatar

Published

on

a strategic location that can link China, India and South-east Asia.

The Thai Cabinet has approved the establishment of three joint Myanmar-Thailand committees to coordinate the development of the Dawei deep-sea project and related areas in Burma and Thailand.

Prime Minister Yingluck Shinawatras is expected to visit Burma in early December, said officials.

After the committees are formed, three panels will be invited to hold discussions in Thailand, said Foreign Minister Surapong Towichukchaikul, according to an article in The Nation newspaper on Wednesday.The first of the three committees is a policy-level mechanism to be co-chaired by Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong and Burma’s deputy president.

The committees role is to push progress of agreements under a memorandum of understanding and coordinate promotion for development of the Southern Economic Corridor linking up with Dawei and Thai energy zones.

via Thailand approves high-level Dawei working group.

Comments

Asean

The Latest on Covid-19 in Southeast Asia

Thailand has largely avoided widespread community transmission of Covid-19, but the kingdom is not faring well on the economic front, with a projected contraction of 7.1 percent this year.

Avatar

Published

on

Coronavirus Asia

As a region, Southeast Asia has fared relatively well in keeping coronavirus cases low, with the notable exceptions of the Philippines and Indonesia.

(more…)
Continue Reading

Laos

China’s debt-trap diplomacy: Laos’ credit rating downgraded to CCC

Laos’ debt challenge is deeply concerning, with some media commentators suggesting the country is falling into a debt trap as a result of Chinese infrastructure investments connected to the Belt and Road Initiative (BRI)

Boris Sullivan

Published

on

On 23 September, the Fitch Ratings agency downgraded Laos’ credit rating to CCC — the second downgrade in 2020, having dropped to B- in May.

(more…)
Continue Reading

Vietnam

Foreign capital still heads to Vietnam

As many as 798 projects added a combined over 5.11 billion USD to their investment capital, down 23 percent year-on-year in project number but up 6.8 percent in value.

Avatar

Published

on

Hanoi (VNA) – The total amount of foreign investment poured into Vietnam this year to September 20 reached 21.2 billion USD, equivalent to 81.8 percent of the same period last year, reported the Ministry of Planning and Investment.

(more…)
Continue Reading

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,632 other subscribers

Trending