Economy and industry

Workers to get better services: PM

The Government has created the best conditions to help labourers enjoy favourable housing, health care, insurance, legal assistance and living standards in industrial zones and export processing zones.​ Prime Minister Nguyễn Xuân Phúc made the statement during a dialogue with labourers in the central region ...

Publish list of unlisted, equitised SOEs: deputy PM

Deputy Prime Minister Vương Đình Huệ has ordered all relevant agencies to publicise the list of equitised State-owned enterprises not listed on the stock market as of December 31, 2016. He issued the order in a meeting on Friday. According to the Ministry of Finance, ...

Ten banks see profits rise 8%

Ten banks have announced that their combined net profit in the first quarter of this year was Bt55.71 billion, up 8 per cent from the same period of last year, thanks to increases on both interest and non-interest income. Most of their non-performing-loan ratios in ...

Public relations firms coming to terms with communication revolution

At the 47th Annual Global Summit of Public Relations Organisation Worldwide, more than 60 of the world’s leading PR agency owners had a heated discussion over the fate of communications. While many of the pundits had opposing views on Brexit, the Trump presidency, and the apparent ...

Gov't seeks to realise outcomes of sub-regional summits

The Ministry of Foreign Affairs on Friday hosted a meeting to discuss the outcomes of the three latest summits held under the cooperation frameworks between Laos, Cambodia, Myanmar, Thailand, and Vietnam. The summits included the eighth summit of Cambodia, Laos, Vietnam plus Myanmar or CLMV ...

More funding sourced for construction of Phongsaly provincial capital

A total of US$200 million has been sourced through a loan from China to finance construction projects relating to the new Phongsaly provincial capital in Bounneua district in the far north of Laos. Director of the Provincial Department of Planning and Investment Mr Khamlek Chay-isane ...

Cabinet approves direction of seaport project, discusses work plan

The cabinet agreed last week to establish a private-state joint company to develop the Vung Ang project after Vietnam gave a green light to utilise the seaport in its central Ha Tinh province. The agreement was made at the cabinet’s monthly meeting for April, chaired ...

Bringing startups to Cambodia

Confluences Asia, a Cambodia-based consulting and advisory firm, recently helped launch its second startup in Cambodia with Portuguese e-ticketing firm Last2Ticket. The Post’sMatthieu de Gaudemar sat down with Soreasmey Ke Bin, managing director of Confluences, to discuss the Kingdom’s appeal to foreign firms and startups. ...

Chinese equipment maker eyes Cambodia

Sany Heavy Industry, one of the biggest manufacturers of heavy construction machinery in China’s Hunan province, plans to expand in Cambodia to tap into rising infrastructure development. Zhou Wanchun, vice president and chairman of Sany International headquarters in Hunan, said during a China-ASEAN media tour ...

Nuclear aid from Moscow takes shape

Russia has announced a wide range of measures to help establish an information center in Phnom Penh as part of Cambodia’s development of nuclear energy. The two countries agreed to set up the center during Prime Minister Hun Sen’s visit to Russia at the Russian-ASEAN ...

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