Economy and industry
Singaporean firms find room to grow in Cambodia
Singaporean firms are taking an increasingly close look at the Cambodian market, both as a low-cost offshore production base and as a destination for their goods and services. Ho Meng Kit, CEO of the Singapore Business Federation, which represents 22,500 Singaporean companies, said as Cambodia ...
Offices of Mekong River Commission decamp to Laos
The Mekong River Commission’s secretariat in Phnom Penh – one of two for the group, charged with managing the river’s sustainable development – is being shuttered in favour of a single office in Vientiane, a decision that has provoked widespread concern among current and former ...
Malaysian trade agreement inked at Phnom Penh business forum
Cambodia and Malaysia took strides on August 9 to enhance bilateral trade and investment, holding a business forum in Phnom Penh and inking a cooperation agreement aimed cementing existing ties – and forging new ones. Malaysia is one of the top investors in Cambodia, and a cornerstone ...
Indian pills fuel drug boom in Myanmar
Five years ago, when cold pills first trickled across Myanmar’s untamed border with India, many local officials were baffled. Where was this medicine going, and why were smugglers so interested in it? Today, the cross-border trickle has become a torrent and everyone knows why the Indian-made ...
Myanmar begins repatriation of 2,000 migrants from Malaysia
Beginning this week, the Myanmar government will be beginning the process of taking home some 2,000 of its people who have been detained for months in Malaysia, Myanmar Times reported on August 10. “We have plans go through this repatriation process more than 10 times, chartering flights ...
Decree addresses securities firms
The Government has issued Decree No. 86/2016/NĐ-CP dated July 1, 2016 governing requirements applicable to securities investment and business activities in Việt Nam. The decree applies to securities companies, fund management companies, securities investment companies, foreign securities business organisations, and relevant organisations and individuals in ...
Southerners have new jobs thanks to rising levels of seawater
Sea water rise and saline intrusion have damaged crops this year, but they have offered opportunities for farmers to breed shrimp on rice fields. According to the Ca Mau provincial Department of Agriculture and Rural Development, at first, when farmers began trying to breed shrimp, the ...
China-Laos relations improve as Gezhouba Group constructs hydro power plant
The project is called Xelanong 2 and is foreseen to generate 35 megawatts of power, or 140,700 megawatts of electricity annually. The Chinese company is the one which built the giant Gezhouba Dam in the Yangtze River which produces 2,715 megawatts of power. Lin Boqiang, director of the ...
Outlook bright for Thai products in CLMV markets
Thai products enjoy competitive advantages and high opportunities in CLMV markets owing to consumer trust in good image and high quality. The rapidly growing consumer markets of Cambodia, Laos, Myanmar and Vietnam – or CLMV – are becoming important places for exporters to pilot products ...
Vietnam cancels water pipe deal with China supplier over quality concern
State-owned construction firm Vinaconex has backed out of a deal to use pipes from a Chinese company to fix an unreliable water supply system in Hanoi amid concerns over the quality of the replacement. Viwasupco, the water utility subsidiary of Vinaconex, said in a new statement ...
