Economy and industry

Investment policy expected soon in Myanmar

The government will release its domestic and foreign investment policy soon, Aung Naing Oo, director-general of the Directorate of Investment and Company Administration, told the Daily Eleven. “We plan to release the investment policy, but not in hurried manner. It will come after the economic policy ...

Rough waters of Lower Sesan II dam

According to the Vietnam River Network, Lower Sesan II dam in Cambodia will impact both environmental and social aspects. Impacts will be felt not only around the project site but also from the upstream Sesan River to downstream at the Sekong River, Tonle Sap, Vietnam ...

Sanctions help Asian banks gain foothold in Myanmar

AT the CB Bank branch in the Thilawa Special Economic Zone near Yangon, there’s a dedicated “Japan desk”, where an employee of the Bank of Tokyo-Mitsubishi UFJ sits to handle any Japanese corporate business that comes their way. The Japanese bank’s presence at Thilawa is no ...

China and Laos say their rail project is on track

China and Laos are both committed to a high-speed rail project linking the Chinese southwestern city of Kunming with the Lao capital of Vientiane, officials from both countries said, and the project will go ahead despite delays. The line should eventually stretch through Thailand and Malaysia ...

Department draws up IP roadmap, targets red zones

An intellectual property reform roadmap featuring an action plan for the short, medium and long terms is set to go before Prime Minister Prayut Chan-o-cha later this month. Nuntawan Sakuntanaga, director-general of the Intellectual Property Department, said the department has completed the reform roadmap, which will ...

HCM City makes property mortgage details public

Recently the Hồ Chí Minh City Department of Natural Resources and Environment published a list of 77 apartment projects that have been registered as mortgaged at land registration offices. The list has been submitted to relevant offices in the city as well as uploaded on the ...

US may allow import of VN star apples

The United States Department of Agriculture may allow the import of star apples from Việt Nam, Việt Nam’s Commercial Counsellor in the United States, Đào Trần Nhân has said. The import is scheduled to begin in the fourth quarter of this year. According to the proposal from ...

Insecticide credit system hurts farmers

Insecticide prices in Myanmar are much higher than they should be, because sellers are using a credit system, an official has said, with some farmers paying three or four times the market price to keep pests away from their crops. U Aung Kyaw Oo, director of ...

India, Cambodia step closer to bilateral treaty to protect investments

India’s cabinet approved a new bilateral investment treaty with Cambodia on 28 July that is designed to provide mutual protections for investors of each company, the Indian government said in a press release. The treaty, which has yet to be ratified by Cambodian authorities, is expected ...

HCM City seeks green light for major PPP projects

The Ho Chi Minh City People’s Committee has submitted for Government approval a list of priority transportation and sanitation investment projects that will be developed in a Public Private Partnership format between 2016 and 2020. At present, the city is developing five major infrastructure projects with ...

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