Moody’s Investors Service gave the Asian Infrastructure Investment Bank its highest possible rating of Aaa, with a stable outlook, on June 29, because of “the strength of AIIB’s governance frameworks, including its policies on risk management, capital adequacy and liquidity”.
State inspection authorities in Laos have seized more than two dozen trucks after they were found to be hauling timber illegally logged by the wife of the governor of Attapeu province for sale across the border in Vietnam: an official source
Electricite du Cambodge has announced a price cut for large enterprises with a capacity exceeding one megawatt.
The Government’s goal to extract another one million tonnes of crude oil by December to meet its economic growth target is challenging, the Vietnam Oil and Gas Association (VOGA) said.
Interview with Katsuji Nakagawa from the Japan Chamber of Commerce and Industry in Myanmar: “…At least among JCCM members, we did not have any comments like ‘oh we want to support Dawei”.
The success of China’s Belt and Road scheme hinges on whether Beijing can learn from the mistakes of Myitsone Dam and engage with Myanmar on an equal basis, the chair of a Singapore-based think tank says.
Myanmar authorities have not sent negative signals towards Thailand after thousands of Myanmar workers in the Kingdom returned to their homeland following the enactment of the new foreign labour law.
Stimson Center’s Southeast Asia team will launch their latest report on July 6 in Phnom Penh.
FDI is a major driving force behind Vietnam’s economy. Actual foreign direct investment flowing into Vietnam is estimated to have risen 6.5 percent in the first six months of 2017 from the same period last year to $7.72 billion.