Economy and industry
Energy supply must be ensured for national growth: PM Dung
Vietnamese Prime Minister Nguyen Tan Dung stressed the need to ensure power and coal supply in the decades to come in service of national growth and development. The leader was speaking at a meeting of Government standing members in Hanoi on 19 January, to scrutinise a ...
Oxfam urges Asia to tackle rising inequality to sustain growth
Asian leaders must address rising inequality in all aspects, aid agency Oxfam warned on 19 January, saying ignoring the issue would leave almost 500 million people trapped in poverty and threaten economic growth. “Asia is now at a crossroads. It could continue with the existing policies ...
With AIIB, nation diversifies funding options
Though it’s extremely early days, experts this week welcomed Cambodia’s membership to the nascent China-led Asian Infrastructure Investment Bank, saying it would provide much-needed diversity of funding for the nation’s infrastructure and connectivity needs. Keep reading ...
Myanmar recruiters boycott Malaysia
Overseas employment agencies, angry at “bullying” from the Malaysian government, have resolved to boycott the country. Agency chiefs say they will no longer send Myanmar migrant workers to Malaysia, as the recruitment industry has been monopolised by a newly instituted system that has changed the ...
Walt Disney denies planning Disneyland in Laos
The Walt Disney Company has denied it planned to build a Disneyland in Laos, Khaosod reported. “We continually look for ways to grow our business and as part of that process we have conversations with many different entities,” a US-based company representative said in an email ...
Lao Government approves new SEZ in Luang Prabang
The Lao government has given the green light for a Lao company to set up a special economic zone (SEZ) in Luang Prabang province, bringing the total number of SEZs nationwide to 13. The development is part of plans to create a new town in the ...
Migrant fishermen to be cremated in Thailand
A group of Cambodian migrant fishermen is preparing to cremate five colleagues in Thailand’s southern Ranong province after they were struck by a mystery illness while working on a commercial fishing vessel in the Indian Ocean, an official said on 18 January. Cheam Lamatin, the labor ...
Business group airs union law concerns
Some of the country’s top business leaders laid out their main concerns with a controversial draft union law during a meeting with CPP lawmakers on 18 January, including a stipulation that would let only 10 people form a union at a workplace. The bill, which would ...
Illegal Sihanoukville construction on radar
Tourism and other line ministries will raise the issue of unlawful construction along Sihanoukville’s coastline at a meeting scheduled for 18 January, given the presence of illegal buildings along the coastal city’s beaches. The meeting, which will be held at the Tourism Ministry, will have participants ...
PPSEZ workers protest seeking unpaid wages
Negotiations over salaries and severance pay are underway at the Phnom Penh Special Economic Zone, after workers from a Turkish-owned garment factory that ceased production earlier this month staged protests there last week. Weibo Group’s Cambodian branch employed around 1,000 workers in a PPSEZ factory before ...
