Economy and industry
Phnom Penh Autonomous Port seeks to generate $6.4M
The state enterprise that operates Cambodia’s second-largest port is looking to raise up to $6.4 million in its initial public offering and float 20 per cent of its shares on the stock market in December, according to a company draft prospectus released on 9 October. Keep ...
Laos faces the unknown as elephants walk from logging into tourism
Walk down any street in Luang Prabang, Laos, and you will be presented with any number of opportunities to interact with elephants. Some are more ethical than others. Indeed, at the Elephant Village, 15 kilometres outside town, the motto is: “Saving elephants is our mission.” Keep reading ...
LAC ups garment salary to $140
Following an at-times turbulent process, Cambodia on 8 October set the 2016 minimum wage for garment workers at $140 per month, a $12 increase from the current rate of $128 but well below union demands for $160. Labour Minister Ith Samheng announced that the government’s wage-setting group, ...
Laos' Luang Prabang set to hit tourist target
Laos’ World Heritage town of Luang Prabang is on target to hit 500,000 visitors by the end of this year after reaching 470,279 in the first nine months. Keep reading ...
Xayaboury dam 50% completed
After beginning in 2012, the construction of the US$3.5 billion Xayaboury dam is now about 50 per cent complete, according to a report by Vientiane Times. When it becomes operational in 2019, about 95 percent of the 1,285-megawatt electricity produced will be sold to Thailand. The dam, ...
Dam threat to Mekong River’s last few dolphins
The fate of the last surviving Irrawaddy river dolphins on the Laos-Cambodian border hangs in the balance after a Laos government official was reported as saying this week that construction of the dam would begin by the end of the year.Keep reading ...
