Economy and industry

Exports of palm oil up, despite price drop

Exports of crude palm oil from the Mong Reththy Company – the Cambodia’s sole producer of the product – increased 8.1 per cent for the first 11 months this year, compared to the same period in 2014. Mong Reththa, vice chairman of the board of directors at ...

Garment workers protest unpaid wages

More than 200 workers at Htate Tan Myanmar garment factory in Hlaing Tharyar township’s industrial zone 4 have been protesting in support of a demand for unpaid wages since 14 December. Ma Moe Sandar, a clerk from the factory, told The Myanmar Times the factory had not ...

Chakthip transfers new trafficking probe chief

A deputy Metropolitan Police Bureau (MPB) chief in charge of handling human trafficking has been transferred to an inactive post after he complained about a heavy workload in handling human trafficking cases. National police chief Chakthip Chaijinda said on 15 December he had ordered the transfer of ...

Rate of water accidents still high

Domestic waterways play a critical role in passenger and cargo transport in the Mekong Delta, but the rate of accidents remains at a high level due to lack of attention from local and related authorities. Speaking at a seminar on waterway safety held in the Delta ...

Oil won't affect 2015 budget

Do Hoang Anh Tuan, deputy minister of finance, said reduction in the world crude price to US$36 per barrel in future transactions would not affect budget revenue this year. The budget revenue this year has exceeded the target to reach between VND65 trillion and VND66 trillion ...

Motorists taking shortcut to Xieng Khuang, Huaphan

More people from Vientiane and the southern provinces travelling to Xieng Khuang and Huaphan will use the road through Borikhamxay province once an upgrade to a damaged section is complete because it cuts significant time from the journey. A resident of Xieng Khuang province’s Paek district, ...

Laos eyes more rice sales to China

Laos’ Savannkhet province is looking to increase rice exports to China to more than 10,000 tons a year after the first order for 8,000 tons was received from the Chinese market this year. Laos on 10 December officially exported its first batch of rice to China from ...

Bagan hotels in limbo as government blocks licences

More than 40 hotels in one of the country’s prime tourist attractions cannot accept a single guest – because the authorities refuse to grant them licences. The “limbo hotels”, some of which are still under construction, are located in the protection zone declared by the Ministry of ...

Vietnam state firms sit on mountain of foreign debt

A new report from the Vietnam government says power monopoly Electricity of Vietnam tops the list of entities with foreign debts with debts of VND162 trillion (US$7.2 billion) as of the end of 2014.   Vietnam last year signed 41 agreements for $4.7 billion worth of official development ...

Many jobs ‘vulnerable’: UN human development report

The persistence of dangerous and demeaning forms of work remains a major challenge for the Cambodia’s development, according to the UN’s annual Human Development Report (HDR) launched on 14 December by the United Nations Development Programme. Dubbed “Work for Human Development”, the 2015 report finds the Asia-Pacific region home ...

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