Economy and industry

Minebea, the largest Japanese company in Cambodia, officially opened a third manufacturing plant in the Phnom Penh Special Economic Zone on December 8 to coincide with the fifth anniversary of its presence in the country. Yoshihisa Kainuma, president and CEO of Mineba (Cambodia), told reporters at ...

The government decided on December 8 to offer a three-year, multiple-entry visa for Japanese nationals to facilitate and attract more investment and tourists. The decision was made by Prime Minister Hun Sen during the 5th year anniversary of Minibea, a Japanese motor assembly plant at Phnom ...

Exports to Cambodia, Laos, Myanmar and Vietnam continue to rise due to strong demand in the neighbouring countries, where the economies continue to grow, according to the Office of Industrial Economics. Ittichai Yotsi, director of the OIE’s Bureau of Industrial Economics Research, said exports to ...

Leaders of the Vietnam News Agency and the Laos News Agency have agreed to improve the quality of their news exchange, aiming to more vigorously communicate the two nations’ special bond, especially as the two countries celebrate the 55th anniversary of their relations in 2017. ...

Unfavourable weather has delayed Thailand’s sugar crushing season, threatening a reduction in sugar output for the 2016/17 crop. The drop will prevent Thailand, the world’s second largest sugar exporter, from capitalising on rising global sugar prices at a time it is being challenged by Brazil ...

Tensions are mounting between Yangon City Development Committee and the commercial capital’s street vendors, as a small contingent refuses to move stalls from their locations on Anawrahta Road. Following a recently announced ban on street stalls on Yangon’s 11 busiest roads, YCDC staff have been travelling ...

In a serious blow to thousands of would-be home-owners, the construction of affordable homes in Yangon’s Ayeyarwon and Yadanar housing projects has been suspended because the money has run out, government officials say. Urban and Housing Development department director general U Min Htein told The Myanmar ...

A leading Chinese manufacturer of power transmission and distribution equipment recently visited Cambodia to explore opportunities in the Kingdom’s rapidly growing energy sector, including a proposal for a factory to produce equipment for the electricity sector. The Ministry of Mines and Energy met representatives of ...

As construction on the Don Sahong dam near the Cambodia-Laos border passes its halfway point, activists and locals are increasingly concerned over the disappearance of Irawaddy dolphins and incidences of illness they suspect are caused by the muddied water. “The waters downstream in Cambodia have ...

Parliament will decide this week whether or not to accept a US$824 million soft loan from Japan. The government has proposed the loan to Pyidaungsu Hluttaw for a range of capital projects, including aid to farmers, building roads and bridges for rural development, expanding electricity ...