Economy and industry
Sihanoukville zone prospers on China links
Established in 2008, the Sihanoukville Special Economic Zone is Cambodia’s largest special economic zone in terms of size and occupancy, covering 1,113 hectares with over 100 tenants and a 16,000-strong workforce. Developed and co-operated by Jiangsu Taihu Cambodia International Economic Cooperation Investment Co Ltd and ...
State agencies face legal dispute over Pak Beng dam
Citizens from eight Thai provinces along the Mekong River are suing state agencies because they claim there was inadequate public participation in planning for the Pak Beng hydropower dam, which is being built by Laos.The Thai Network of Eight Mekong Provinces filed a lawsuit in ...
SCG enters business start-up sphere
Yuttana Jiamtragan, vice president for corporate administration, said SCG’s corporate venture capital arm, AddVentures, would enable the conglomerate to diversify and strengthen its innovation portfolio through investment in and collaboration with regional and global start-ups, allowing SCG to improve its competitiveness in the digital age. ...
ADB reviews public communications policy
The governments and private stakeholders of Laos, Thailand and Cambodia have now jointly consulted through videoconference, proposals for the Asian Development Bank’s most recent public communications policy review.The Asian Development Bank held the meeting on June 8 welcoming stakeholders including government and private sector counterparts, executing ...
Not all paths to growth the same
Cambodia’s economy stands at a critical crossroads to reach the next phase of development with a recent report urging the Kingdom to ditch its antiquated growth model and adopt more innovative economic strategies that better respond to rapid changes in the global economy. The report, ...
6 border crossings shut to keep IS out
Six temporary border crossings have been closed down along the Kolok River in Narathiwat to prevent members of Islamic State (IS) and other insurgents from sneaking into the country, officials said this week. The closures, which began on Tuesday, have affected about 5,000 villagers in eight ...
Baht upheaval carries across industries
Agriculture, electronics, and food and drink have been hit hardest by the baht’s 6% year-to-date appreciation, according to Asia Plus Securities (ASP). Porranee Thongyen, ASP’s head of research, said the stronger than expected baht hurt exporters like Sri Trang Agro Industry Plc, which earns most ...
Pak Beng dam project riles locals
Environmental activists will petition the Administrative Court Thursday to help in their protest against the new Pak Beng dam project on the Mekong River in Laos, which could bring both ecological and economic impacts to the region. They want the court to encourage state agencies, ...
Laos, WB sign up to green growth transition
Ministry of Finance and the World Bank on June 7 signed an agreement for more than 316 billion kip (US$38.6) million in credit to support key policy reforms to maintain the country’s strong economic growth. The agreement expects to benefit more people, especially the poor ...
Germany providing over 423b kip for rural, sustainable economic development
The government of Federal Republic of Germany has agreed to provide grant aid of over 423 billion kip (EUR 45.8 million) for sustainable economic development, rural development and natural resources management in Laos.The financial and technical support by the German government extended to the Lao ...
