News
Market-based approach to development
Phav Daroath recently became the first Cambodian to be selected for the Forbes 30 Under 30 Asia list for social entrepreneurship. The Post’s Matthieu de Gaudemar sat down with Daroath, the managing director of the local nonprofit organisation WaterSHED, to talk about the value of ...
Logging trucks seized in Ratanakkiri
Authorities intercepted four trucks carrying 81 pieces of illegal luxury timber at a checkpoint in Ratanakkiri province’s O’Yadav district last Friday, District Military Police Commader Sok Min said on May 7. “The trucks and timber were hidden in the rubber plantation of a company located ...
After 50 years, Asian Development Bank looks ahead
The Asian Development Bank set out its strategy for the next decade during the launch of its 50th annual meeting in Japan over the weekend, while also recognising the challenges that remain for the 300 million people still living in poverty in Asia. Addressing the ...
Insurance giant turns to Cambodia
AIA, the world’s second largest life insurance company, has arrived in Cambodia pledging to play a key role in the kingdom’s dynamic growth and development. Ng Keng Hooi, chief executive and president designate of AIA Group Limited, said that AIA has the right people and ...
RSPO freezes palm oil company’s operations in Papua
The world’s biggest sustainable palm oil association has frozen the operations of one of its most prominent members on concessions in Indonesia because of failures to meet its standards on new planting. The Complaints Panel of the Roundtable on Sustainable Palm Oil issued a stop-work order ...
Japan provides $200m loan to Cambodia for new port
The Japanese government has approved a US$200 million loan to Cambodia to build a second deep-sea port in the southwestern coastal city of Sihanoukville, a Cambodian minister said on Saturday. The offer was confirmed when Japanese Land, Infrastructure, Transport and Tourism Minister Keiichi Ishii met ...
Bill endangers media survival
Prominent Media figures and rights activists are concerned whether the Thai media would survive suppression of press freedom in the wake of existing and future measures of the junta government. The source of the worry is the media regulation bill draft proposed by the junta-appointed ...
Lotte gets approval for $884m Smart City
Korean conglomerate Lotte Group got the go-ahead from the HCM City People’s Committee on Wednesday to develop the Thủ Thiêm Eco Smart City in District 2. The 74,420sq.m project in the core of the Thủ Thiêm New Urban Area will cost VNĐ20.1 trillion (US$884 million) ...
Will Vietnam become a scrap steel power?
Vietnamese steel manufacturers are importing more and more scrap steel for domestic production, as this is the easiest and most profitable way to make steel. According to Bui Van Muu from the Metallurgy and Material Technology Faculty of the Hanoi University of Technology, the steel production ...
Customs at Tan Son Nhat airport seize products from elephant tusks
Customs officers at the Tan Son Nhat International Airport in HCM City on May 4 discovered over 4kg of products from elephant tusks and pangolin scales illegally transported from Africa to Vietnam. The products included bracelets and jewellery suspected of being made of African elephant tusks ...
