Economy and industry

The government and development partners have agreed on the coordination mechanisms and framework they believe can help accelerate development through the participation of all sectors. This was the outcome of the Round Table Implementation Meeting held in Vientiane province’s capital last week. After the meeting ...

Motorists in Laos could enjoy lower prices at the pump now that the Lao and Vietnamese governments have expressed their full support for the construction of a pipeline that would deliver fuel from Vietnam to Laos. The survey, design and feasibility study of the proposed ...

SET-listed Rojana Industrial Park Plc (ROJNA) expects flat sales of land next year as the weak economic outlook persists and curbs investment, says independent director Amara Charoengitwattanagun. She said land sales in 2017 will remain at 400-500 rai, below the target of 500-600 rai announced ...

The government’s Thailand 4.0 initiative has provided a tremendous business opportunity for German Bosch Group to roll out its smart solutions to all key industries, the chief of the company said. “We welcome and are happy with Thailand’s direction to transform into a digital economy,” ...

Lại Sơn Island Commune in the southwestern province of Kiên Giang was officially linked to the national grid on November 26 upon the completion of the cross-ocean 110kV line, the country’s longest above-sea power project so far. The project was built by Electricity of Việt Nam’s ...

The Environment Ministry has asked Koh Kong provincial governor Bun Leut to stop construction of a factory which will process an indigenous vine and which plans to collect the yellow vine in a protected forest area. According to an official letter sent to Mr. Leut ...

Cambodian financial intuitions should allow customers to use moveable assets as part of their collateral requirements to secure lines of credit, providing the government and lenders strengthen the legal framework for monitoring these assets, an economic researcher has argued. Speaking at the third annual macroeconomic ...

Cambodia will support the Don Sahong hydroelectric dam planned to be built in south Laos less than two kilometers from the Cambodian border, while civil society groups continue to appeal to regional authorities to halt construction on environmental grounds. According to a post on Prime ...

The past few years have been tumultuous in the food industry. Unfortunate food safety incidents eroded consumer’s trust in the food supply chain, and we saw food governing bodies step up to implement new regulations and update old practices. The China milk scandal and the ...

MILLCON THIHA GEL is bullish that international development banks’ planned projects in Myanmar and demand from new factories to be constructed in Thilawa Special Economic Zone will keep its newly completed steel plant busy in the very near future. The company last week officially became ...