Economy and industry

Board of CRF seeks a double term

Just a month since their election, the leaders of the nation’s apex rice industry body have cast a motion to extend their terms – a move some have greeted with suspicion. On August 12, the board of directors of the Cambodian Rice Federation announced it ...

Laos' thirst for Mekong River dams imperils fishing, farming

Dismissing its neighbors’ pleas, impoverished Laos is rapidly building a Mekong River dam that threatens fisheries crucial to millions of Southeast Asia’s poorest people. Landlocked Laos is Southeast Asia’s poorest state, and all its neighbors far exceed its population of 7 million. But by virtue ...

New commission to decide fate of Myitsone dam in Kachin State

President Htin Kyaw on Friday formed a new commission to evaluate all proposed hydropower projects on the Irrawaddy River prior to their going ahead. The commission is tasked with assessing the potential environmental and social effects of any proposed project—both up- and downstream—its possible impact on ...

Japan's economic growth fizzles out in second quarter

Japan’s economy stagnated in the second quarter, data showed on Monday, falling below expectations and rekindling worries about the government’s faltering bid to stoke a recovery. Weak figures on August 15 come as Japanese officials face growing pressure to deliver and economists increasingly write off ...

Government and civil society groups meet for flood aid

Ensuring better coordination was the objective of an August 11 meeting between government officials and civil society groups in Magwe Region. The goal was to strengthen the network of civil society groups to ensure the proper distribution of aid supplies for flood victims while avoiding ...

State seeks ways to raise shipments

The government is scheduled to call a joint meeting of Thai commercial counsellors and trade ministers from 65 offices worldwide next month to evaluate exports in the remaining months and map out new strategies to boost shipments in the year to come. Infrastructure development projects such ...

China's lack of cooperation causing problems for Vietnam's water resources programming

The lack of cooperation from China and its erratic methods of water storage and discharge has placed Vietnam in a passive mode when using water from the Red River. Tong Ngoc Thanh, director of the National Center for Water Resources Planning and Investigation, said at a ...

Oil firm ready to push ahead with offshore drilling

Singapore-listed oil and gas firm KrisEnergy Ltd is moving closer to finalising its deal with the Cambodian government that will pave the way for extraction from the Block A offshore oil field once negotiations over a technical strategy and fiscal regime have been finalised. Tanya Pang, ...

Numerous bombs in the South after Hua Hin blasts

A string of explosions rocked southern provinces as the nation celebrated Her Majesty the Queen’s birthday. The blasts on August 5 came just hours after one person was killed and nearly 20 injured, including foreign tourists, by two explosions in Hua Hin, Thailand on the ...

Sihanoukville port IPO rescheduled

The state operator of Sihanoukville’s deep-sea port has pushed back the expected date of its initial public offering to February 2017 in order to give the company more time to resolve land titling and taxation issues, a company official said on August 11. Ty Sakun, ...

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