Economy and industry
Trend of disruptive technologies to affect daily lives increasingly
Business needs to adapt to confront and catch up to the coming disruptive technologies and innovation, which will have a drastic effect on people’s daily lives, a seminar heard on November 16. Bala Chakravarthy, professor of strategy leadership and execution at IMD Southeast Asia, said ...
Luang Prabang sets sights on ASEAN clean city award
Laos is gearing up to submit Luang Prabang province as a contender to receive the ASEAN Clean Tourist City Standard in early 2018. Deputy Director of the Tourism Development Department under the Information, Culture and Tourism Ministry, Ms Phonemaly Inthaphome, told Vientiane Times on November ...
Trump vows Paris Agreement pull out; world unites behind green economy
The 22nd United Nations climate summit began as a wonky, low-profile affair. Nearly 200 nations, finally agreeing to keep the world from burning up, began writing the rulebook by which the goals of the 2015 Paris Agreement could be achieved, while seeking the trillions needed ...
Cambodia's labour ministry praises Trump's pledge to kill TPP
In the wake of Donald Trump’s surprise win in the US presidential election on November 9, Labour Ministry spokesman Heng Sour said on November 10 that the president-elect’s campaign promise to pull out of the Trans-Pacific Partnership trade deal would restore the Cambodian garment sector’s competitiveness ...
Factory openings provide 50,000 new jobs
More than 100 new factories were registered during the first nine months of the year, creating over 50,000 jobs, a government spokesman said on November 10. Oum Sotha, spokesman for the Ministry of Industry and Handicraft, said the ministry recorded 116 new factory openings from ...
Tata Tea project fails to protect Indian workers
A World Bank investigation into a tea plantation project in India that it jointly finances with tea giant Tata Global Beverages has found that it has failed to tackle alleged abuses of impoverished workers, the group said on November 9. The International Finance Corporation—a member ...
Govt proceeds with planned Mekong hydro project
The government has informed the Mekong River Commission that it will proceed with the planned development of a new Mekong hydropower project in Pakbaeng district, Oudomxay province. The MRC Secretariat said on its website that it has received notification from the Lao government that Laos ...
UNESCO, government to train Bagan masons
The masons tasked with rebuilding hundreds of crumbling pagodas in Bagan will receive training from the UN Educational, Scientific and Cultural Organization and the Bagan Department of Archaeology, National Museum and Library later this month, department director U Aung Aung Kyaw told The Myanmar Times.`A 6.8-magnitude earthquake near ...
The hydropower paradox: is this energy as clean as it seems?
In July, UN Secretary Ban Ki-Moon highlighted the role of hydropower in boosting the use of renewable energy globally, when he visited a nonprofit institute in China that helps emerging nations develop and build hydropower plants. Many countries consider hydroelectricity a clean source of power ...
Singapore, VN enhance economic co-operation
Over the past five years, Singapore’s investments in Việt Nam have nearly doubled. Singapore’s Trade and Industry Minister, Lim Hng Kiang, emphasises the development of longstanding economic relations between Singapore and Việt Nam, which have yielded concrete outcomes, including creation of the Việt Nam-Singapore Industrial ...
