Economy and industry

Khmers rescued from Malaysia, China

Three women and a child have been repatriated from Malaysia after being cheated by their brokers or subjected to laborious work. According to the Foreign Affairs Ministry spokesperson Chum Sounry, the Cambodian embassy in Malaysia rescued a Cambodian woman and her three-year-old son who were forced ...

Schools promote financial literacy

In an effort to promote financial literacy to students in primary and secondary schools, the National Bank of Cambodia and the Ministry of Education, Youth and Sport on February 28 officially launched the “Let’s Talk Money” comic book. The comic book will be additional reading for ...

Villas to join Ngwe Saung

Ngwe Saung beach has seen an addition in its tourism industry. Having visited the beach resort area and been impressed by the scenery on offer, iGreen Construction Co decided to launch a villa-development project along the beach, targeting families visiting the area.​ The La Villa housing ...

ASEAN’s 50th year agenda: beyond the South China Sea?

This week’s smooth, relatively uneventful retreat by ASEAN’s foreign ministers appears to have put the grouping’s agenda on track for its 50th year, choosing to focus beyond the South China Sea disputes and set the stage for an April leaders’ summit that will put the ...

Investors pledge to pour cash into Tuyên Quang

A conference on investment, trade and tourism promotion held for the first time by the mountainous province of Tuyên Quang yesterday has concluded with investors’ pledging a total of over US$801 million into six large-scale projects in this province. The provincial authorities also took the ...

New train routes await nod

The Ministry of Transport will propose five new Skytrain routes and an expressway project worth a combined Bt316.58 billion to the Cabinet next month. The projects are awaiting the Superboard’s consideration on procurement bids. Also subject to this process is a proposal for seven new ...

Banpu Power posts 100% net profit rise in 2016

Banpu Power Plc has reported its 2016 business performance, with its net profit of Bt4.13 billion, a significant increase on the Bt2.07 billion it posted in the previous year. With its strong financial status, Banpu Power has affirmed its strategic plan in operating conventional and renewable ...

Export value jumps 8.8% in January as oil prices rise

Export value in January grew by 8.8 per cent to US$17.09 billion, after higher oil prices resulted in more revenue from oil by-products, according to the Commerce Ministry. The ministry on February 27 reported that the value of January imports rose by 5.17 per cent to ...

Egco funds 7 new power projects

Electricity Generating Group has budgeted more than Bt30 billion this year for seven power projects both in Thailand and overseas, according to company president Chanin Chaonirattisai. Six of the projects are under construction and scheduled to start commercial operations between this year and 2019, including three ...

Govt gives green light to Vientiane expressway

The government has agreed in principle to a plan to build a 14-km expressway linking Vientiane city centre to the outskirts in Xaythany district, in a bid to ease congestion. The project was agreed to at the government’s monthly meeting for February held last week ...

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