Economy and industry
Fight against corruption
The World Bank is to train police, prosecutors and court staff on how to combat money laundering and financial terrorism under a national scheme to fight corruption. The three-day training will be offered in partnership with the Anti-Corruption Unit to 37 employees from organizations including ...
China asked to fund bridges
Cambodia on March 6 asked China to help fund the construction of two bridges across the Mekong River, which it said would cut traffic congestion in Phnom Penh and help create a ring road around the city. Speaking at the inauguration ceremony of the Cambodia-Vietnam Friendship ...
Japanese, Singaporean banks finance controversial Indonesian coal plant
A consortium of Asian banks will provide US$3.36 billion in loans to support the expansion of the Tanjung Jati B coal-fired power plant project in the Jepara district of Indonesia’s Central Java province. Plans to expand Tanjung Jati B are part of a broader initiative ...
Fast-growing Cambodian bank eyes cross-border growth
When In Channy took over the Association of Cambodian Local Economic Development Agencies (Acleda) in 1993 he found himself managing an odd assortment of loan officers. “I was from a refugee camp in Thailand, some of my colleagues used to work for the government, and ...
Workers slam eroding conditions for women
Proposed legislation to eliminate some favourable conditions for female workers has met with resistance by both workers and employer. If approved, the draft Labour Code for 2018 would remove the favourable terms for female workers that were regulated by the 2012 Labour Code. These include ...
Myanmar celebrates the power of women this week
The government and several parties – including foreign embassies, business groups and non-governmental organisations – are coming together to hold a series of programs on women empowerment this week. The programs from Monday to Sunday in Yangon and Nay Pyi Taw are part of a global ...
VN's export ratio of farm produce in decline
Vietnam’s total export turnover has been growing at an annual rate of 12.8% but outbound shipments of agricultural products have faced numerous difficulties and their annual export growth was recorded at a mere 2.4% in the 2012-2016 period. The export ratio of agricultural products, as a ...
Bid to boost Myanmar shrimp trade begins
Though Myanmar’s shrimp export is much less than that of Vietnam and Thailand in terms of tonnage and value, the nation is set to leapfrog its production with American experts’ technical assistance, said Kyaw Tun Myint, president of the Myanmar Shrimp Association. “We usually import broodstock ...
South coast holds development key
Real estate and hotel developers have identified the southern coast of Cambodia as having tourism potential to encourage more business investment. Developers and investors gathered in a Real Estate and Construction Forum on Friday to discuss the possibilities of developing the coastal provinces, particularly in ...
Thailand repatriates more than 1,000
A surge in the number of Cambodian migrant workers sent back from Thailand through the Daung International Checkpoint in Battambang province has puzzled authorities. More than 1,000 migrant workers came back into Kamrieng district over a three-day period last week, according to a National Police report. ...
