Economy and industry
Smooth trade to put $2B exports in reach
Cambodia could expand its foreign trade by up to 16 percent, adding approximately $2 billion worth of exports, by complying with a new international trade protocol that aims to slice through the red tape that slows and complicates cross-border trade. US Ambassador William Heidt said ...
Thailand plans to buy Cambodian water
Thailand’s listed Eastern Water Resources Development and Management Plc’s subsidiary Universal Utilities Plc. a tap water provider, plans to spend some 200 million baht ($6 million) a year to buy water from the still to be built Stung Nam hydroelectric dam in Koh Kong province ...
Japan outlines plan to increase river cargo
A Japanese expert has urged Cambodia to invest in improving transport on the Mekong River to boost the movement of cargo around the country. Kume Hidetoshi from the Japanese International Cooperation Center made the call during a presentation at the Japanese embassy on April 4. ...
Joint panel discusses prior consultation process for Pakbaeng dam
Delegates from Cambodia, Laos, Thailand and Vietnam met on April 4 at the second meeting of the Joint Committee Working Group on the procedures for notification, prior consultation and agreement for the Pakbeng hydropower project. The Pakbaeng hydropower project is one of the five Mekong mainstream ...
Data science poised to boom
Big data and analytics spending in Thailand is expected to continue double-digit growth in 2017, driven by the availability of data, a new generation of technology and a cultural shift toward data-driven decision making. Teradata Thailand, the local enterprise solfware unit of US-based Teradata Corporation, expect ...
CPF taking food to EU with WFGL
CPF Investment Ltd, a wholly owned subsidiary of Charoen Pokphand Foods Plc (CPF), has inked a share purchase agreement with Westbridge Food Group Ltd (WFGL) at a combined value of £60 million (2.6 billion baht) to expand CPF’s market in Europe. CPF chairman and chief executive ...
Expressway set to open in 2019
Deputy Prime Minister Trịnh Đình Dũng has urged the two ministries overseeing the Trung Lương-Mỹ Thuận expressway project to speed up construction of the Mỹ Thuận-Cần Thơ stretch so that the entire road can be open to traffic by 2019. Dũng asked the Ministry of ...
RStartups attract investment of $205mn in 2016
Some 50 Vietnamese startups received $205 million in investment capital last year, a 25 per cent decline compared to 2015, according to the latest report from the Topica Founder Institute, a startup accelerator program managed by Topica Edtech Group, a popular online education provider in ...
Residents seek to legitimise homes on farm land
The southern metropolis’ breakneck urbanisation has turned much its surrounding agricultural land into urban space, both officially and unofficially. Residential houses have been built on top of former farmland parcels for decades now, however, existing law has not provided legitimacy for this practice, leading to ...
Mid-end smartphone segment cramped with many players
In 2016, Samsung launched 31 mobile phone models into the market, while Lenovo launched 26, ZTE 24 and Huawei 22.The manufacturers in the mid-end market segment mostly compete in configuration, design and features. GR5 2017, J7 Prime and F1s by Oppo, Samsung and Huawei, which were ...
