Economy and industry

ADB commits assistance to Laos’ development goals

Infrastructure development for transportation connectivity, telecommunications, along with the power, education and health sectors will all be the focus of Asian Development Bank in its continuous assistance to Laos in upcoming years. Director General for ADB’s Southeast Asia Department James Nugent disseminated this plan in ...

Official: inspection underway on reported import of human sperm

Health officials are investigating a report that human sperm has been imported into Laos, a senior government official has said. Lao law prohibits the trade of human organs including blood and sperm, Director General of Health Care Department under the Ministry of Health Associated Professor ...

Rice bank project awards contracts

Thaneakea Srov (Kampuchea) Plc, the recipient of a low-interest $15 million loan from the state-run Rural Development Bank, inked contracts on April 24 with three companies to build and outfit its massive 200,000-tonne capacity silo and warehouse facility in Battambang province. The facility, which will have ...

Startups discuss local challenges

Cambodian startups currently face several regulatory challenges in pursuing growth and profitability, according to three of the Kingdom’s most successful startup founders who shared their experiences over the weekend with the hope to inspire increased innovation and entrepreneurship. A key outtake from the event organised ...

Hong Kong seeks Cambodian workers

Cambodia and Hong Kong on April 24 agreed to start a five-year pilot program to send domestic workers to Hong Kong “very soon”, though experts urged caution, noting that migrant domestic workers in Hong Kong have faced a “slew of abuses”. The agreement was reached during ...

Tender to be called for highway upgrading

The Ministry of Construction will call for international firms to tender for upgrading works on a 40-mile section of the Yangon-Nay Pyi Taw-Mandalay Highway starting at Yangon, the ministry’s Permanent Secretary U Kyaw Lin said on April 10. The upgrading works, which will use an ...

Government’s emergency water supply ready for 500 villages nationwide

In case of water shortage this summer, the government has set aside emergency water supply for 500 villages around Myanmar. Rural Development Department director U Kyaw Thu Aung from the Ministry of Agriculture, Livestock and Irrigation said surveys have revealed that villages in Mandalay Region, ...

World Bank to loan $100 million to Myanmar financial development project

World Bank and government representatives recently signed an agreement for a US$100 million (K134.9 billion) World Bank loan to the Myanmar Financial Development Project in mid-April. The representatives signed the loan for SDR71.700 million, which equals US$100 million, from the World Bank with low interest. Ulrich ...

Houses collapse after landslide in An Giang

Fourteen houses and two house floors in My Hoi Dong Commune, Cho Moi District of Mekong Delta Province of An Giang fell into the Hau River on Saturday morning due to a landslide, panicking local residents. A road connecting My Hoi Dong Commune and Nhơn Mỹ ...

Lifting of farmland limit to spur exports of produce

Expansion of land limits and accumulation of land for large-scale production are expected to be the foundation for the branding of farm produce. Vietnam has become a big farm produce exporter, but most of the products are exported as raw materials and don’t bear a ...

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