Economy and industry

Former exiled news outlets granted licenses for state media channel

Two former exiled news outlets—the Democratic Voice of Burma (DVB) and Mizzima—have been selected to run their own digital channels in Burma under the state-owned Myanmar Radio and Television (MRTV). In late 2016, the Ministry of Information (MOI) put out a call to local companies ...

ASEAN moves forward with cultural cooperation

ASEAN is working to enhance cooperation between ASEAN member states in the area of cultural heritage protection, following new guidance from the bloc’s leaders. Deputy Secretary General of ASEAN for the ASEAN Social-Cultural Community, Mr Vongthep Arthakaivalvatee, told the media about the progress made on the ...

New law offers incentives to attract investment

A newly-amended Investment Promotion Law has recently been promulgated, offering a variety of incentives to attract investment in both promoted sectors and hardship areas. Businesses investing and operating in hardship communities (known as Area I), where infrastructure has not yet been developed, will enjoy favourable ...

Deputy PM urges faster sale of State capital

In the next round of equitisation, State capital must be sold faster, at higher value, and the enterprises’ corporate governance must further improve, Deputy Prime Minister Vương Đình Huệ has said. Huệ was speaking at a meeting on equitisation and the restructuring of State-owned enterprises ...

How to better manage meat imports

Hoang Thanh Van, director of the Department of Breeding under the Ministry of Agriculture and Rural Development, speaks to Kinh Te Do Thi (Economics and Urban Affairs) newspaper about managing imported meat. Domestic breeders worry that imported meat will compete with domestic breeding products and decrease ...

CBS completes merger with Legend Tiger

Cambodia Broadcasting Service (CBS), a subsidiary of business tycoon Kith Meng’s Royal Group, has finalised its merger with TV advertising company Legend Tiger Investment Co Ltd, creating the nation’s largest and best equipped television advertising production facility, according to a release on April 11.Keep reading ...

Troubled road project along Lao-Cambodian border rolls on

Work by military engineers on a contentious road skirting Cambodia’s border with Laos – which has prompted a military stand-off in the area – has quietly resumed, local officials say, even as run-ins between Cambodian and Lao military patrols in the disputed area have further ...

Allow labor day march, unions urge City Hall

More than 3,000 workers and union activists have asked City Hall for permission to celebrate International Workers’ Day in Phnom Penh on May 1, but officials will not confirm if the event can go ahead until after Khmer New Year. Ath Thorn, the president of the ...

China says accord reached at last with Myanmar on oil pipeline

China and Myanmar have reached an agreement on an oil pipeline between the neighboring countries after almost a decade of talks, with the project due to start “very quickly,” Chinese vice foreign minister Liu Zhenmin said on Monday. The new oil gateway fits with China’s “One ...

Myanmar designates 20 fields to promote investment

Myanmar’s efforts to promote investment will target 20 newly designated fields covering 192 types of businesses and services, using a law enacted in October that makes it easier for foreign companies to receive tax benefits. The industries covered include manufacturing, agriculture, urban development, communications and medicine, while fields ...

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