Economy and industry
Three major rail projects put on stand-by
The delay in signing the Pink and Yellow Line contracts stems from problems encountered in the preparation and coordination stages as many agencies are involved, according to the Mass Rapid Transit Authority of Thailand. The projects are part of the government’s ambitious 2015-2022 development plan to ...
Laos parliament approves development plans
The inaugural session of the National Assembly’s 8th Legislature ended on 22 April with the approval of the 8th five-year National Social Economic Development Plan for 2016-2020, the 10-year Strategy for 2016-2025, and the 15-year Vision for 2016-2030. The three-day session elected Mr Bounnhang Vorachit as President ...
MIP takes IFC loan to pump up container capacity
Myanmar Industrial Port is borrowing US$200 million from the International Finance Corporation to help it increase its handling capacity as rising trade puts pressure on the country’s ports. The IFC financing will help MIP in the first phase of its expansion plans, which together with efficiency ...
Port cargo traffic rises on swelling economy
“The significant growth is related to our strong economy, which is driving an increase in import and export activity,” said SAP director-general Lou Kim Chhun. The port in Cambodia’s Preah Sihanouk province received approximately 95,000 20-foot equivalent unit containers during the first quarter of 2016, ...
PM casts fisheries chief adrift
The regime has decided to remove Thailand Fisheries Department chief Wimol Jantrarotai for making slow progress in addressing illegal fishing amid concerns Thailand is still at risk of being slapped with a red card by the European Union. Keep reading ...
Freight rail services gather pace
Freight rail shipments have gained traction since commercial rail traffic resumed on Cambodia’s sole operational railway line in 2013, but Royal Railway, the private company with a 30-year concession to operate the Kingdom’s railway network, is pressing for more growth as it seeks to triple ...
Laos enjoys political stability, strong economic growth, parliament told
Mr. Thongsing was summarising the government’s performance under his leadership over the past five years from 2011-2015 at the inaugural session of the NA’s 8th Legislature, which opened on 20 April. He told the session that the government had placed great importance on the development of ...
Myanmar's new FM to clarify foreign policy
According to deputy director-general of the Political Department of the Foreign Ministry U Ko Ko Shein, Myanmar government’s foreign policy is oriented to the protection of national interests, security, economic development, justice, stability and environmental sustainability. Keep reading ...
Kingdom’s first abattoir primed for Australian cattle
After a series of technical delays and setbacks, Cambodia’s first industrial slaughterhouse is ready to begin operations and will start production upon receiving its first shipment of 2,000 heads of live Australian cattle in late May, the company behind the project said on 19 April. Ross ...
Low reservoir levels in Siem Reap affecting thousands
More than 1,000 families in Siem Reap province, Cambodia are facing clean water shortages as the water level at Baray Teuk Thla reservoir has fallen for the first time in several years due to the especially harsh drought conditions confronting the Kingdom in recent months. Keep ...
