Economy and industry

China continues to court on Myitsone project ahead of commission presser

As the commission tasked with reviewing hydropower projects along the upper reaches of the Ayeyarwady River submitted its first report to the president this past week, Chinese state media has assured its nation of the ongoing “friendly and cooperative” Sino-Myanmar relationship. The China News article, ...

Khon Kaen farmers race to harvest paddy as over-capacity dam threatens flooding

Farmers along the Chi River in the Northeast are rushing to harvest rice crops as Ubolratana Dam discharges more water to free up capacity. Farmers were told to be prepared for the possible flooding of paddy fields as they are ready to harvest because Ubolratana ...

Environmentalists, solar sector see hope in treaty

A new treaty signed by Cambodia’s delegation to the COP22 climate conference in Marrakesh aims to bolster the country’s nascent solar energy industry, though some say substantial outside assistance is needed for solar to take off. On the sidelines of the conference on Tuesday, Environment ...

Mango producers struggle to meet Korean standards

It has been nearly a year since the government signed a memorandum of understanding with South Korea that aimed to put Cambodian mangoes on the shelves of supermarkets in Seoul, yet local producers say there is little sign of any movement. According to In Chayvan, ...

ASEAN, Japan further enhance defence cooperation

ASEAN and Japanese defence ministers have agreed to further enhance their cooperation on politics, security, economics, and socio-cultural affairs. As a result of positive relations in these areas to date, Japan has become one of the most important dialogue partners and supporters of ASEAN. Lao ...

Surveys underway on Vientiane-Hanoi highway route

Surveys are underway to identify possible routes for the Vientiane-Hanoi highway, which could pass through up to three Lao provinces to link the two capitals but the route has yet to be determined. Laos and Vietnam have being conducting preliminary surveys of three possible routes ...

Rubber recovery boosts profits

Strong recovery of world rubber prices was expected to continue through the end of the year and increase revenues for local rubber firms, according to local securities companies. The world rubber price closed at 208.5 yen per kilo on November 11, 4.98 per cent higher ...

Experts question praise of China’s ‘drought relief’

The Mekong River Commission, in a missive posted on their website on November 14, credited China’s “emergency water release” from its Mekong dams with successfully helping to alleviate the drought in the Mekong River Basin earlier this year, a claim disputed by experts. The statement ...

Sand extraction in Koh Kong province halted, ministry says

Facing mounting scrutiny over the country’s sand trade, the Ministry of Mines and Energy said on November 16 that all sand extraction had been suspended in Koh Kong province, where much of the country’s extraction takes place. “We have suspended it for a long time already,” ...

Trade GSP can’t make profit for Myanmar in short term

Some 5000 goods from Myanmar have been granted classification under the United States Generalised System of Preferences export scheme, however this will not see a rapid turnaround in profits, say industry figures. The United States trade representative body announced on its official website that preferential tariffs ...

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