Economy and industry
Laos agrees to consult with neighbors on Don Sahong dam project
Laos has announced that it will submit the proposed Don Sahong dam on the Mekong River for “prior consultation” within a regional mechanism but will not suspend development of the controversial project that has been criticized by its neighbors and environmentalists. Previously, Laos has refused to comply with a ...
Chinese dam builder in Myanmar cuts food aid to protest-backing families
China Power Investment Corporation (CPI), builder of the controversial Myitsone Dam in Myanmar’s Kachin State, has cut off food assistance to at least two families—among hundreds displaced by the project—after they backed protests against the dam. The two families were from Aungmyinthar village, one of two ...
China's alleged ban on Vietnamese contracts irrelevant: transport minister
In response to reports that China has prohibited state-owned companies from bidding on public projects in Vietnam, Transport Minister Dinh La Thang said the ban, if true, will have no effect on Vietnam. Thang, speaking to press on the sidelines of the National Assembly meeting, said that many Vietnamese ...
Exclusive: Myanmar drafts new foreign investment rules
Foreigners will no longer need a local partner to set up businesses in Myanmar and may be granted a five-year tax holiday from the start of commercial operations, according to the draft of a new investment law obtained by Reuters. Keep reading ...
