Economy and industry

Smart Axiata, Cambodia’s leading telecommunications company, on March 28 launched a $5 million venture capital fund for digital service companies and start-ups in the country. The Smart Axiata Digital Innovation Fund aims to meet demands for cash and expertise as the number of Cambodian digital entrepreneurs increases ...

Great changes are in evidence since the Lalay border crossing was upgraded to an international checkpoint between Saravan province in Laos and Quang Tri province in Vietnam in June 2014. Director of the Saravan provincial Department of Information, Culture and Tourism, Mr Somchay Ounchit, told ...

UNICEF has provided more than 36 billion kip (US$4.4 million) to fund education and clean water programmes in some 100 targeted schools across the country. The money will be used to finance early childhood education, primary education as well as water, sanitation and hygiene (WASH) ...

The Prime Minister has urged line ministries to remove any unnecessary barriers to help boost the country’s business environment and promote domestic and foreign investment. The government is trying to develop a favourable business environment and simplify unnecessary procedures that are a hindrance to the ...

The Labor Ministry is encouraging employers, with the support of unions, to implement article 116 of the Labor Law, which requires owners of enterprises and factories to pay their workers twice a month. Fa Saly, the president of the National Trade Union Confederation, told Khmer ...

The leadership of the Lao People’s Revolutionary Party has told the government to continue to prioritise the addressing of land issues along with greater promotion of small and medium enterprises (SMEs) to boost the economy. The Party leadership gave the advice at the fourth Plenary ...

Delegates from ASEAN member states are in Vientiane to attend a training session titled ASEAN Master Assessors on ASEAN Sustainable Tourism Award, to prepare for awards in January 2018. The aims of the award are to encourage jointly responsible actions among public, private and local ...

The Nam Ngum 1 Hydropower Plant in Vientiane province will increase its generation capacity by more than 80MW after the seventh and eighth generators of an expansion project are completed later this year. The project is now more than 80 percent complete, a Nam Ngum ...

The number of unskilled migrant workers in Chon Buri province is expected to increase significantly, by about 30,000 annually over the next three years, driven by the government’s Eastern Economic Corridor development project. The EEC is expected to attract more private investment as well as labourers ...

A constant supervision system installed at all airports and flight control centres and on airlines would help ensure security for Viet Nam’s aviation industry, experts have said. The country’s aviation industry has three independent information systems used by Vietnam Airlines, airports and flight control centres, but ...