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WORLD

Myanmar sees record FDI in 2014-15

dpa, Published on 22/04/2015

» YANGON — Myanmar received record foreign direct investment of more than US$8 billion in the in 2014-15 budget year across 12 sectors, an official said Wednesday.

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WORLD

Alibaba to seek fortune in US

dpa, Published on 09/09/2014

» BEIJING - Chinese online retailer Alibaba is, by some counts, the world's biggest marketplace, and its initial public offering (IPO) could be the largest the world has ever seen.

BUSINESS

Myanmar set for airport upgrades

dpa, Published on 04/06/2014

» Yangon — Myanmar will soon call tenders from local and foreign firms to upgrade 30 domestic airports, a senior aviation official said on Wednesday.

WORLD

Indian markets hit record highs

dpa, Published on 14/05/2014

» NEW DELHI - India's stock markets hit record highs Tuesday after exit polls predicted that Hindu nationalist leader Narendra Modi was on course to become the next prime minister.

WORLD

Laos inflation may deter investors

dpa, Published on 20/03/2014

» VIENTIANE - Rising inflation in Laos is undermining the country's attraction as a low-cost manufacturing base, a report said on Thursday, although investment figures remain solid.

WORLD

Lao fibre-optic network nearly done

dpa, Published on 11/03/2014

» VIENTIANE - Laos is to complete the installation of its first underground national fibre-optic network this month, to compete with private overground networks, media reports said Tuesday.

WORLD

Laos to borrow $225m

dpa, Published on 24/12/2013

» VIENTIANE - Communist Laos plans to borrow 1,800 billion kip (225 million United States dollars) and sell 300 billion kip (37.5 million) in bonds to address its budget deficit, reports said on Tuesday.

BUSINESS

Japanese firms turn to Laos

dpa, Published on 16/12/2013

» VIENTIANE - Tokyo will open a trade office in Laos next year amid a boost in Japanese companies investing in the communist Southeast Asian country, a news report said Monday.

WORLD

Southeast Asia sees growth in FDI

dpa, Published on 18/11/2013

» Southeast Asia drew US$121 billion in foreign direct investment last year, making it the only sub-region in Asia to experience FDI growth, the United Nations said on Monday.

WORLD

China gives Laos $81m in aid, loans

dpa, Published on 05/09/2013

» VIENTIANE - China has agreed to give Laos 300 million yuan (US$49 million) in grant aid and 200 million yuan ($32.6 million) in interest-free loans this year, news reports said on Thursday.