Cuba’s Party Congress discusses economic reform

The ongoing 6th Congress of the Communist Party of Cuba began a debate on a roadmap to update the country’s economic model on April 17, with discussions held in five committees.
The ongoing 6th Congress of the Communist Party of Cuba began a debateon a roadmap to update the country’s economic model on April 17, withdiscussions held in five committees.

The 32-page draftsocio-economic guidelines document, which is expected to be adopted atthe congress, is the roadmap to update Cuba’s economic model with an aimof improving efficiency of the economy, including expansion of thesmall business economic model, significant cuts to the redundant workforce in the state sector, reduction of subsidies, implementation of anew tax levy and gradual elimination of use of dual currency.

Accordingto President Raul Castro, who is also Second Secretary of the CommunistParty of Cuba, two-thirds of the draft document were revised afterseeking public opinion nationwide. Revisions focused mainly on socio-political, macro-economic issues, construction, real estate,traffic and economic management.

In his political reportpresented at the congress, President Raul Castro stressed the need toensure the Revolution’s inheritance as well as rejuvenation of thecontingent of leading officials of the Party and Government./.

See more

At a supermarket in Bangkok, Thailand (Photo: Xinhua/VNA)

Thai economy under pressure from weak purchasing power

The Kasikorn Research Centre anticipates that the Thai economy will slow down in the second half of the year compared to the first half, with the "Thai Chuay Thai Plus" initiative offering some support to consumption in Q3 2026.

Malaysia tightens scrutiny of data centres

Malaysia tightens scrutiny of data centres

The Data Centre Task Force (DCTF) evaluates applications not only based on investment value but also on their requirements for energy, water and connectivity, as well as their potential contributions to Malaysia's long-term economic and digital goals.

Consumers select goods at a supermarket in Kuala Lumpur. (Photo: VNA)

Malaysian consumers tighten non-essential spending

CIMB Securities Sdn Bhd analyst Walter Aw Lik Hsin said shoppers are increasingly seeking cheaper products, convenience and value, while cutting back on clothing, lifestyle goods and other non-essentials.

Cambodian Chamber of Commerce president Kith Meng (right) meets with Malaysian ambassador to Cambodia Shaharuddin Onn on September 14. (Photo: phnompenhpost.com)

Cambodia, Malaysia pledge increased trade, investment cooperation

The General Department of Customs and Excise (GDCE) reported that Cambodia-Malaysia trade totaled 1.07 billion USD from January to August 2026, up 55.5% from the same period last year. Cambodia exported 151.76 million USD worth of goods to Malaysia, up 71.8%, while imports reached 921.19 million USD, an increase of 53.1%.

Smoke rises from a land fire in South Sumatra, Indonesia (Photo: Xinhua/VNA)

Indonesia: Thick smoke from forest fires disrupts flights

In a written statement on September 14, the Indonesian Ministry of Forestry said the latest monitoring data shows a significant decrease in so-called “high-confidence” hot spots, strongly suspected to be caused by forest fires, in Central Kalimantan and West Kalimantan.

Thailand upgrades GDP growth to 2.5% in 2026

Thailand upgrades GDP growth to 2.5% in 2026

Thailand's economic recovery will follow a K-shaped model, with growth concentrated in high-tech industries and large companies, according to the Centre for Economic and Business Forecasting at the University of the Thai Chamber of Commerce (UTCC).

A pepresentatives of UXO Lao programme briefs on mine survey and clearance in Luang Prabang province (Photo: VNA)

International delegates inspect UXO clearance efforts in Laos

To realise the Convention on Cluster Munitions’s goals, the Lao Government has incorporated all international targets into its “Safe Path Forward III 2021–2030” national strategy and stayed committed to its national Sustainable Development Goal 18 – “Lives Safe from UXO”.

The forum on ASEAN's role in the Indo-Pacific region and prospects for cooperation with Argentina takes place on September 10 (Photo: VNA)

ASEAN highlights its central role in Indo-Pacific

The Ambassador of Indonesia, the country holding the rotating chairmanship of ASEAN in Argentina, stressed that maintaining peace and stability, along with an open, transparent regional environment based on mutual respect, are fundamental conditions for a peaceful, inclusive, and prosperous Indo-Pacific.