Laos and Vietnam expect more than 10 cooperation pacts during PM visit
Transport projects and investment will feature in discussions, while a planned business conference is expected to attract about 1,000 participants.
Stories about Brunei, Cambodia, Laos, Myanmar, Timor-Leste and ASEAN as a whole from every section of Asean Coverage.
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Transport projects and investment will feature in discussions, while a planned business conference is expected to attract about 1,000 participants.
Speaking for the Least Developed Countries Group in Bangkok, the deputy foreign minister called for affordable funding tailored to vulnerable nations.
The central bank plans to limit annual credit growth to 16 per cent and bring more export earnings into the domestic banking system.
Four rounds worth at least US$100 million accounted for 86 per cent of funding, while seed-stage investment fell 46 per cent.
Border infrastructure, rail connections and a goal of 3 million tourist visits annually were among the priorities discussed in Luang Prabang.
A report by Xendit and Cube points to declining cash-on-delivery use and differing payment preferences across the region.
Hong Kong could also join the cross-border payment network in 2026, while an India connection may begin operating in 2027, according to ASPI.
The fair includes civilian and military-affiliated exhibitors as the two countries prepare to celebrate 60 years of diplomatic relations in 2027.
Kristalina Georgieva said market-oriented reforms could raise real GDP by 3%, while more trade within ASEAN could lift long-term GDP by 5%.
Only Myanmar and Brunei have lower growth projections in Southeast Asia, while Vietnam leads the region at 8.4 per cent.