Economy and industry
Mekong dams will wipe out fisheries, study says
Preliminary findings from a soon-to-be released report have reinforced dismal projections for the future of Cambodia’s fisheries if 11 planned mainstream hydropower dams are built on the Mekong River. Presented on 21 October at the Greater Mekong Forum on Water, Food and Energy in Phnom Penh, the ...
China aims to develop border area with Laos
China has announced that it will invest US$31.4 billion in the Mengla economic zone in Yunnan province of the country, which shares a border with Lunag Namtha and Phongsaly provinces in northern Laos. The investment will cover more than 240 projects in such fields as transportation, ...
Food and Drug Administration to test drinking water, cooking oil
The Myanmar Food and Drug Administration is taking action against peddlers of dirty “purified” water and fake peanut oil. Officials said for the safety of the public the FDA will be testing products consumed daily, going ward by ward to take samples. “First, we will take ...
YCDC searches for more water as households run dry
Only 60 percent of Yangon’s water needs are being met, officials say. The Yangon City Development Committee is hunting for fresh sources, even as work proceeds to fix leaky pipes that lose half the water they are supposed to carry. The search for water security is part ...
Tourism Council of Thailand predicts foreign arrivals will hit 30m
The Tourism Council of Thailand projects foreign tourist arrivals will reach 30.3 million this year, growing 22% and surpassing the Tourism Authority of Thailand’s target of 28.8 million visitors. Tourism revenue from foreign tourists is expected to surge 21% to 1.42 trillion baht, slightly up from ...
Myanmar Central Bank will not return to old ways: senior official
Amid widespread anxiety over the impact of the Myanmar Central Bank’s decision to revoke thousands of US dollar accepter and holder licences, a senior official has promised authorities have no plans to return to old ways. For many years – until 2011, when six commercial banks opened ...
ASEAN’s winners and losers under TPP
Earlier this month, 12 countries in the Asia Pacific region signed the Trans-Pacific Partnership (TPP) which ranks as the biggest trade agreement in history – signatory countries account for 40% of total global output. While the treaty still must be ratified by each and every party to it, ...
Water crisis looms as short monsoon, El Nino hit southern reservoir
A large reservoir that supplies water for Ho Chi Minh City and nearby provinces has seen its water level falling rapidly, signalling a possible severe shortage for the whole region, experts said. “Low rainfall as an impact of El Nino has significantly lowered the water level ...
Minister assures Lao jobs in rail megaproject
Authorities in charge have prepared a workforce recruitment plan for the planned construction of the Laos-China rail project, Minister of Public Works and Transport has said. Dr Bounchanh Sinthavong spoke to local media at a press conference recently and declared that a recruitment plan will be ...
Burden of debt eats into incomes
While Cambodian households saw their debt increase just 2 per cent last year, rural household borrowings to service existing loans nearly doubled, new government research shows. Both total and disposable incomes across the 3.3 million Cambodian households rose 16 per cent year-on-year in 2014, with total ...
