Economy and industry
Luang Prabang Airport: Laos resort to grow rapidly in 2016 as AirAsia, HK Express, SilkAir enter
Luang Prabang in Laos is emerging as one of Southeast Asia’s fastest growing tourist destinations, driving rapid passenger growth with services by at least four new airlines in 2016. Thai AirAsia will become the first LCC to serve Luang Prabang Airport in March 2016 as it ...
Mammoth year in Cambodia's microfinance sector
Cambodia’s microfinance sector experienced another year of explosive growth, with both lending and deposits surging over 40 per cent in 2015, according to new data by an industry association. An annual performance sheet released on 18 February by the Cambodian Microfinance Association showed its membership – comprising ...
Sihanoukville beach businesses take fears to assembly
More than 100 businesses from three Sihanoukville beaches hand-delivered a petition to Cambodia’s National Assembly on 18 February, calling for the prime minister to intervene in a government directive to have them evicted. Keep reading ...
Thai officials return local migrants
Thailand will send 77 illegal Cambodian migrant workers home on 19 February after they were rounded up at a construction site in the southern peninsula of the country, border authorities said on 18 February. Sin Nam Yong, a border official in Banteay Meanchey’s Poipet town, said ...
Thaicom satellite may be grounded
Thaicom Plc’s launch of its eighth communications satellite runs the risk of being aborted by the Information and Communication Technology (ICT) Ministry’s fresh order to scrutinise procedures again. Keep reading ...
Thai communities vow to appeal against Laos dam
Even after losing a battle in the Thailand Administrative Court, a group of Thai villagers are not giving up. They have filed appeal after losing the first community-led lawsuit in the region to challenge a large dam on the Mekong river. On 25 Dec 2015 the ...
Year's first rice auction attracts 31 bidders
The Thai Government’s first rice auction this year drew active interest from potential buyers, with 31 qualified bidders proposing to buy a combined 397,639 tonnes for 3.31 billion baht. The proposed purchases account for 70% of the total 570,000 tonnes of rice put up for the latest auction called ...
Vietnam wants more foreign investors for stock market after bullish year
A better legal framework and a stronger privatization drive of state-owned enterprises are key measures for Vietnam’s securities market to keep attracting foreign investors this year, a senior official has said. Speaking to news website VnEconomy on 16 February, Vu Bang, chief of the State Securities ...
South Korean company to invest in resort complex project
A company from the Republic of Korea (ROK) is intending to carry out a Lao Resort Complex Project in Phonhong district, Vientiane province, one of the mega projects to be developed in Laos. If the project is approved by the Lao government, the total value of ...
Critics question ministry’s claim of resolving most labour disputes
The Ministry of Labour on 17 February announced a nearly 40 per cent drop in the number of Cambodians who went on strike last year before then taking credit for successfully resolving the vast majority of those work stoppages, a claim met with widespread scepticism from ...
