ECONOMY

Myanmar wants to meet electrification target by 2030

Yangon – Myanmar has vowed to double current efforts to meet the national electrification coverage target for all households by 2030, sources with the Ministry of Electric Power said Tuesday.Effective ways are being taken to boost the current electrification effort including … Continue reading Myanmar wants to meet electrification target by 2030

Indian President says Vietnam important in “Look East” policy

Hanoi –  Vietnam is an important pillar in India’s “Look East” policy and India wishes to further promote traditional friendship and a strategic partnership between the two countries. A statement made by the Indian President Pranab Mukherjee on Monday in … Continue reading Indian President says Vietnam important in “Look East” policy

Myanmar president adament about building democracy

Yangon – Myanmar President U Thein Sein on Monday urged the country’s people, especially youths, to actively participate in the building of a democratic nation through mutual understanding, trust, compassion and transparency.In his message on the occasion of the International Day … Continue reading Myanmar president adament about building democracy

New business opportunities within the China-ASEAN FTA

Beijing – The China-ASEAN Business Council and foreign trade business association of Guangzhou jointly held the “Promotion Meeting of Business Opportunities in Upgrading China-ASEAN Free Trade Area” in Guangzhou, China recently.Zhuang Liping, president of the association stated: Guangzhou’s investment in ASEAN … Continue reading New business opportunities within the China-ASEAN FTA

Mongolia has huge potential in nontraditional energy

Ulan Bator – Mongolia has a huge potential in nontraditional energy resources, such as oil shale and methane, Prime Minister Norovyn Altankhuyag told an international investment conference on Wednesday. “Recently, a new reserve of coal bed methane gas was discovered and … Continue reading Mongolia has huge potential in nontraditional energy

Philippines jumped 7 notches higher in the WEF rankings

Manila – The Philippines continued to improve its competitiveness on the global stage amid reforms that have allowed the country to gain some ground against its better-placed neighbors. Results of the World Economic Forum’s (WEF) Global Competitiveness Report for 2014 … Continue reading Philippines jumped 7 notches higher in the WEF rankings

APEC ministers: More skilled workers required

Hanoi – Representatives from 21 member economies of the Asia-Pacific Economic Cooperation (APEC) gathered in Vietnam’s capital Hanoi on Saturday to discuss measures to strengthen people-to-people connectivity and quality employment through human resources development.The discussion is also the theme of the … Continue reading APEC ministers: More skilled workers required