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  • July 30, 2014

    Resources in South China Sea 'complicating issue'

    David Brown, an independent researcher, citing US Energy Information Administration data, said oil and gas resources in the South China Sea were equivalent to 11 billion barrels of oil and 190 trillion cubic feet of gas. However, in November 2012, the China National Offshore Oil Company estimated...

    aec
  • July 30, 2014

    Carmakers protest new tests required in Singapore

    German carmakers have raised concerns with the Singapore government about the so-called dynamometer test, which they claim runs counter to a proposed free trade agreement (FTA) between Singapore and the European Union. Reportedly members of the Singapore-German Chamber of Industry and Commerce (SGC...

    aec
  • July 30, 2014

    TCEB expands education of world-class MICE professionals

    ... country's bustling MICE industry, in which professionals would play a vital role in driving this industry forward into the Asean Economic Community (AEC) that is to be fully implemented next year. The development plans will focus on strengthening capabilities and skills of the stakeholders towards...

    Business
  • July 30, 2014

    Deloitte sees Kingdom as 'springboard' to AEC market

    Subhasakdi Krishnamra, managing partner of Deloitte Touche Tohmatsu Jaiyos Audit Co, said yesterday that foreign investors had continued to expand in Thailand, especially Japanese who returned after adopting a wait-and-see posture since the political stew went on the boil last year. Japanese investors...

    Business
  • July 30, 2014

    Elected reps of 1990 seek new charter

    The elected representatives never assumed office because the government had refused to recognise the voting outcome won by the National League for Democracy. The group is expected to form a 75-member drafting committee comprising law experts, ethnic leaders from organisations and political parties...

    aec
  • July 30, 2014

    Ethnic groups have a role in ensuring peace: KNU

    The head of the Karen National Union (KNU) has said that ethnic organisations have a responsibility towards ensuring a durable peace process for the rest of the country to move forward. General Saw Mutu Say Poe was speaking at the end of a three-day meeting between members of the Nationwide Ceasefire...

    aec
  • July 30, 2014

    New investment law to blend existing ones: MIC

    He said the new investment law will fuse the Foreign Investment Law and the Myanmar Citizen Investment Law to become one and correct weaknesses in both. "The reason we are trying to amend and combine the laws is that complexity in the Myanmar Citizen Investment Law is causing confusion and misunderstanding...

    aec
  • July 30, 2014

    'Scrappy' Asean entrepreneurs urged to keep big promises

    ... to global practices, especially on "making and keeping promises". "Scrappy don't need to make big promises. They make little promises. But with AEC (Asean Economic Community), you're going to see big competition coming in. You need to learn how to make bigger, more powerful promises, and how to keep...

    Business
  • July 30, 2014

    Haze makes air in Malaysia hit unhealthy level

    Air quality around Malaysian capital Kuala Lumpur and on Borneo Island was "unhealthy" yesterday, with one town reaching "very unhealthy" levels as haze, mostly from forest fires in Indonesia, obscured skies. Kuala Lumpur residents wore facemasks as protection from the choking smog, while visibility...

    aec
  • July 30, 2014

    Chinese firm flees after it is caught mining illegally

    The firm had received permission from the Lao government to excavate sand and gravel, but was found to be using the equipment to dredge for gold illegally, the Minister of Energy and Mines Soulivong Daravong told a press conference on Friday. The press conference at the National Assembly (NA), which...

    aec