Economy and industry
Tourism pours millions of dollars into govt coffers
Tourism injected more than US$724 million or 5.9 billion kip into the national budget during 2016, the latest data show. However, the revenue generated by tourism in 2016 dropped slightly from the more than US$725 million generated by the sector in 2015, according to data ...
Over 200 families to relocate for Pakbaeng dam
Over 200 families in seven villages of Pakbaeng district in Oudomxay province are set to move to higher ground and new sites to make way for construction of the Pakbaeng hydropower project. The dam will be the third to be built on the Mekong River. It ...
No hike in petrol price during Thingyan: MPTA
The public can be assured that petrol prices will not increase during the Thingyan period, Dr Win Myint, secretary of the Myanmar Petroleum Trade Association (MPTA) said. He said this at a press conference on Wednesday at the main office of the Union of Myanmar Federation ...
Incentive bonus for highway bus companies
The Mandalay Supervisory Committee for Highway Bus Lines has given out more than K40 million in incentives to 146 bus lines that fall under its supervision for the 2016-17 fiscal year on April 5. U Aung Kyaw Linn, chair of Bus Line Supervisory Committee (Highway) ...
Bus companies urged not raise fares during festival
Bus companies have been urged to maintain fare prices and not take advantage of the festive season to raise them. Mandalay Region Supervisory Committee for Motor Vehicles (Highway) chair, U Aung Kyaw Lin, said that he is making a request and not ordering the companies ...
Central power plants eye urgent repairs
Four power plants in the central provinces of Nghệ An, Quảng Trị and Thừa Thiên-Huế have been asked to undertake urgent repairs before the flooding season arrives. Tô Xuân Bảo, deputy director of the environmental and technical safety agency under the Ministry of Industry and ...
Solar power costs remain high in Vietnam
Vietnam’s renewable energy production costs remain higher than other countries as the country still does not have a competitive solar energy market. Many people in the country have saved money by using solar energy. A solar energy system with capacity of 1 KW was installed on the ...
Education Ministry gives recognition to more foreign degrees
The number of applications for recognition of foreign degrees made to the Ministry of Education and Training (MOET) increased by 44 times in 2008-2016. A report of the ministry released at a workshop on March 28 showed that in 2008, when the regulation on recognition of ...
South Korea eyes new investments
The Cambodia Chamber of Commerce and the Korea International Trade Association have announced a partnership to bring more South Korean investors to Cambodia. Last year trade between the countries reached $812 million. The Memorandum of Understanding signed on April 6 intends to boost that figure, particularly ...
KrisEnergy set to sign oil agreement
Singapore-listed oil and gas firm KrisEnergy says it is ready to sign an agreement with the Cambodian government after completing details of a revised sharing contract for the Block A oilfield. Kelvin Tang, president of KrisEnergy Cambodia, wrote to Khmer Times on April 6 saying that ...
