India's OVC, A Subsidiary Of State-Run ONGC Acquires Additional 10% Stake In Mozambique's Rovuma Area 1 Offshore Gas Field From Anadarko For $2.64B
This deal follows ONGC's last acquisition in the Rovuma Area 1 gas field, in June, for $2.47 billion.
Since Population Growth Tends To Boost GDP, The Philippines And Malaysia Are Expected To Lead Southeast Asian Economic Growth
The southern half of East Asia is set to grow economically over the next decade faster than the northern half of East Asia.
Manufacturing Key To Asia, As India, China At Risk Of Middle-Income Trap: ADB
Emerging economies would do well to focus on manufacturing despite the lure of the service sector, ADB said in an annual report.
Pakistan, Thailand Agree To Boost Trade And Investment; Free Trade Agreement In the Pipeline
Pakistan has invited Thailand, which has slipped into recession, to invest in its crippled infrastructure and energy sectors.
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Asia's Increasingly Wealthy Population Demands More Edible Bird's Nests And Vietnam Is Keen To Become A Major Producer Of The Delicacy
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Myanmar Now Reachable By Direct Flights On Many Major Airlines, But Visa Situation Still Sticky
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Thailand’s Economy Slips Into Recession In Q2; Full-Year GDP Growth Forecast Trimmed; Central Bank Expected To Hold Rates Steady
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Land Prices In Myanmar's Bago City Skyrocket Following Announcement Of Hanthawaddy International Airport
More news
Economic Events: FOMC Minutes, Jackson Hole, US Housing Data, China August Flash HSBC Manufacturing PMI
Next week's focus will be on the July FOMC minutes, Jackson Hole symposium and China's August HSBC flash manufacturing PMI.
Thailand Takes On Another Large Subsidy Program, Pledges Nearly $1 Billion To Assist Rubber Farmers As Price Of Rubber Falls
Thailand offers a 30 billion baht subsidy to help offset a plunge in rubber prices.
Moeller-Maersk, World's Largest Container Ship Company, Hikes Full-Year Income Outlook On Expectation Of Stronger Demand
Danish conglomerate Moeller-Maersk shipping line registered a big second-quarter profit.
Jacques Verges, Defender Of Mass Murderers, Nazi War Criminals, Communist Terrorists, Dies In Paris
Verges, admired for his brilliance, nonetheless baffled and enraged many observers by defending despicable clients.
Myanmar To Select Foreign Energy Companies To Explore 30 Offshore Blocks From 61 Shortlisted Companies
Myanmar has finally begun the process of selecting investors to explore its oil and gas resources.
China Admits Its Smog Problem Is Deterring Foreign Visitors
Foreign tourist numbers in Beijing and elsewhere in China have declined following widely publicized smog problems in January.
In Myanmar The Government Spends Less Than $1 Per Person Annually On Healthcare
And after years of less than one dollar per person, any investment is likely welcomed.
Cambodia Only Demands 2,000 New Cars Currently, But Its Auto Industry Is Projected To Grow Fast When Southeast Asia Becomes One Economic Entity
The country has high hopes to lure automakers away from Thailand and Vietnam with its cheap labor force.
Myanmar Gems Emporium Earned Record $2.4 Billion, US-Maintained Ban On Imports Of Gems May Not Be Effective
The newly open nation is selling more gems than ever, even though the U.S. will not be a customer.
Thailand To Adopt Stimulus Package Aimed To Boost Growth By 1%, Focus On Infrastructure, Domestic And External Demand
With the country's projected economic growth stagnant at 4 percent, Thailand adopts stimulating measures.
Federal Magistrate Says Bitcoin Is Real Money As He Allows SEC Suit To Go Forward In Ponzi Scheme Case
A Texas judge ruled that Bitcoin is a currency in a case involving a Ponzi scheme.
Myanmar's Proposed Rice Subsidy Criticized For Potentially Damaging Farmers And Undermining Economic Development
A draft law that is intended to help the country's farmers may instead cripple them.
Botulism Poisoning: New Zealand’s Fonterra Says Whey Protein Exported To 6 Countries Including China, Australia May Be Tainted
Botulism toxin may have tainted a Fonterra product exported to China, Australia, Thailand, Malaysia, Vietnam and Saudi Arabia.
Myanmar's Domestic Conglomerates, With Recent Influx Of Foreign Brands, Face Fierce Competition
After surviving in a stagnant economy for decades, Myanmar's domestic companies are facing a new challenge.
Dawei Special Economic Zone In Myanmar, A Thai Venture, Runs Into Financial Trouble
The $50 billion industrial hub is having difficulties rounding up the funding it requires.
US To Increase Military Engagement With Myanmar Military With Focus On Humanitarian Issues
Washington will encourage the transformation of the Myanmar Tatmadaw into a professional security force.
Amelia Rose Earhart, Distant Relative Of Legendary Pilot, To Re-Create Ill-Fated Flight Around The World
Amelia Rose Earhart, a relative of the legendary pilot, has announced plans to fly around the world in a Pilatus PC-12 NG aircraft.
Karaoke Murder: American Tourist, Bobby Ray Carter Jr., Killed By Musician Who Wanted Him To Stop Singing
An American tourist was killed in a popular beach town in Thailand after getting into a dispute with three musicians over a karaoke song.
Thailand Bans Bitcoins, Says Impossible To Regulate Internet's Virtual Currency
The popular virtual currency has encountered its first major stumbling block.
Gulf Of Thailand Oil Spill Reaches Ko Samet Island, Popular Tourist Retreat
An oil spill in the Gulf of Thailand over the weekend has reached the popular tourist island of Ko Samet.
Myanmar's Largest Investor, China, May See Its Investment Share Dwindle As Western Companies Move In
Chinese businesses have become unpopular in Myanmar, owing to contracts seen as unfair and environmental damages.
US Probes Charges Of Unfair Low Pricing Of Steel-Pipe Imports From India And 8 Other Countries Even As Vice President Biden Asks India To Lower Trade Barriers
The U.S. is probing antidumping charges against India and eight other countries while Joe Biden urges India to lift restrictions on exports.
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