Economy and industry
Vietnam contributes to ASEAN Summit’s success
A Vietnamese delegation led by Prime Minister Nguyen Xuan Phuc had important contributions to the success of the 30th ASEAN Summit, which took place in the Philippines on April 29-30. The statement was made by Deputy Foreign Minister Nguyen Quoc Dung in an interview granted to ...
Action to be taken against fake news reports
The Ministry of Religious Affairs and Culture has announced on April 30 that it is monitoring the situation and will take appropriate action after ‘fake news’ that Arabic schools in Thaketa township in Yangon Region were closed went viral on social media networks. It said ...
Academic fears concession will lead to land grab in Eastern Economic Corridor
An academic has warned that foreign investors will receive too many privileges under the Eastern Economic Corridor Bill, which could lead to serious land problems in the Eastern region. Decharut Sukkumnoed, the lecturer at Faculty of Economics Kasetsart University, said there were alarming issues regarding ...
Transfer of foreign technology to Thailand a key facet of EEC: top official
The transfer of technology is at the heart of Eastern Economic Corridor and it is crucial to allow foreign investors some privileges to move the country’s economy forward, the head of the development group says. There has been concern that extended land-leases and other privileges for ...
ASEAN leaders push to realise community’s vision
The 30th ASEAN Summit kicked off on Saturday in Manila, the Philippines, with leaders of the 10-member regional bloc pushing forward the realisation of the ASEAN Community’s Vision 2025. Prime Minister Thongloun Sisoulith led a high-level delegation from Laos at the summit, which took the ...
Labour minister praises robust garment sector growth
Cambodia’s minister of labour applauded the strong growth and employment levels for the garment and footwear sector on May 1, though industry representatives noted a slight slowdown due to increased competition from regional players. Speaking at an event commemorating International Labour Day on May 1, ...
Ministry intervenes to halt pork price crash
The Agriculture Ministry has confirmed action to combat a drastic drop in pork prices over the past year due to illegal imports of live pigs from neighbouring countries. The price of pork averaged about $2 per kg last year. That has now dropped to $1.25 ...
Clear the streets – or else
Street vendors in Phnom Penh have been warned to clean up their act or face legal action. Phnom Penh Deputy Governor Khuong Sreng said selfish vendors caused traffic congestion and disruption on roads around the capital. He said the authorities were keen to clamp down but ...
Millers shun rice crisis loan fund
Rice millers have taken up less than a quarter of a $27 million emergency loan fund to stabilise prices of the grain, blaming late disbursement for the poor take up. Following a price crash last year, the government told the Rural Development Bank to disburse the ...
PM meets with Vietnamese investors in Laos
Prime Minister Nguyễn Xuân Phúc met in Vientiane on April 27 with Vietnamese investors to hear about their difficulties in a bid to help create favourable conditions for Vietnamese investments in Laos. Phúc praised the efforts and results achieved by Vietnamese firms doing businesses in Laos, ...
