Economy and industry

GMS nations back investment boost

The region’s transportation network stands to get an investment boost after the The 21st Greater Mekong Subregion Ministerial Conference decided on a new investment plan on December 1. Six ministers from GMS countries — China, Laos, Vietnam, Cambodia, Thailand and Myanmar — endorsed an additional ...

Hạ Long cement factory causing pollution

Many households in northern Quảng Ninh Province’s Hoành Bồ District have been forced to live with smoke and cement dust discharged from Hạ Long Cement Factory for years. This has seriously affected the lives of local residents and their cultivation activities. In the meantime, local ...

VN green energy gets strong tail wind

Việt Nam is hoping to boost its renewable energy production, especially wind and solar energy, to more than 10.7 per cent of total generation by 2030, up from the previously planned 6 per cent. It plans to increase the rate to at least 7 per ...

Unions happy over labor protections

Union officials have applauded the Ministry of Labor which is preparing to ratify some International Labor Organization’s conventions, including two that unions, factory workers and domestic workers have long demanded. The Labor Ministry said on November 30 that to promote and protect the rights, benefits and ...

Boom built on ‘slavery’

The use of debt bondage to trap workers in “modern day slavery” is widespread in many of Cambodia’s brick-making factories, indicates research by rights group Licadho, whose findings suggest the Kingdom’s recent building boom is built on the illegal practice. In a report released on ...

Thai fintech Ascend Money plans SE Asia expansion

Ascend Money Co, a digital financial services venture between Charoen Pokphand Group and Ant Financial, is poised to embark on a $100 million expansion next year into Southeast Asia. The Bangkok-based firm, which operates payments and online lending platforms, will expand its network of sales ...

Indonesia suspends cartel membership to avoid cuts

Indonesia has suspended its membership of the Organization of Petroleum Exporting Countries, less than a year after rejoining the cartel, as the net oil importer said it could not agree to the group’s production cuts. The decision came as the cartel agreed its first oil ...

The risks of diverting water

Thuong Kon Tum dam, which is built in the Dak Snghe River watershed, is one of the biggest hydropower projects in the basin of the Se San river. The effect of the dam is still questionable but it raises concerns about environmental impacts as the ...

Internet, phone lines down in Muse after bomb blast hits cable

Local internet and phone connections were disrupted in the town of Muse yesterday after an explosion rocked the Swonlon Bridge in Muse township. U Zaw Min, Muse district administrator, said internet connections were severed entirely, while phone calls were not transmitting audio. An acquaintance was able ...

EU ‘Green card’ for Thailand expected over IUU fishing

Thailand will at some point receive a “green card” from the European Union for its efforts to combat illegal, unreported and unregulated fishing, once the EU realises the real progress the government is making in this regard, according to Steve Trent, executive director of the Environmental ...

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