by Teuvo Tuomi | Feb 3, 2023 | Laos, Asia, Business, China, Lifestyle, Travel
Cross-border passenger trains on the Laos-China Railway are expected to come into operation this year due to growing demand, according to Xinhua. The railway has recorded rising numbers of passengers making local trips on both sides of the border since its launch on...
by Teuvo Tuomi | Jan 26, 2023 | ASEAN, Business, Economy, Southeast Asia, Vietnam
Vietnam’s Hải Phòng aims to become a regional and international logistics center due to its many advantages as a transportation hub for sea, road, air, railway, and inland waterways traffic. This objective is highlighted in the northern city’s service...
by Teuvo Tuomi | Jan 20, 2023 | ASEAN, Economy, News, Vietnam
The State Bank of Vietnam (SBV) says it will keep monetary policy flexible to ensure inflation does not exceed 4.5% in 2023. According to SBV, its credit growth quota for this year will be 14-15%, adding that its aim is to ensure liquidity for all lenders. It also...
by Teuvo Tuomi | Jan 7, 2023 | ASEAN, Economy, Laos, News, Southeast Asia
Inflation in Laos skyrocketed to 39.27% in December. This is the highest of the year and up from November’s 38.46%, according to the Lao Statistics Bureau (LSB). Food and non-alcoholic beverage prices rose by about 45% last month, while healthcare equipment and...
by Teuvo Tuomi | Jan 6, 2023 | ASEAN, Asia, Business, Cambodia, Economy, News, Southeast Asia, Thailand
The proposal for a joint development area (JDA) for oil and gas exploration in the overlapping claims between Thailand and Cambodia in the Gulf of Thailand has been discussed at a Thai Cabinet meeting. During the discussions, Deputy Prime Minister Gen Prawit Wongsuwan...
