Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank, leaving Laos, Cambodia, Myanmar, and Timor-Leste as the only ASEAN members still in the lower-middle-income category.
The annual income classifications, released on 1 July, place seven of ASEAN's 11 members in the upper-middle-income bracket or higher....
Cambodia has offered to organize a discussion between Russia and Ukraine to reduce tensions during the ongoing war between the two nations.
Khmer Times reports...
Until August 2022, bilateral trade between Laos and Thailand generated more than USD 5.3 billion.
In comparison to the same period in 2021, bilateral trade...
Thailand expects it will benefit from the spillover tourism from the Laos-China Railway when China fully opens its borders in 2023.
The Thaiger reports that...
Last week, Myanmar's military government warned that any coercion from ASEAN member nations to put a time frame on peace negotiations would have "negative...
