News

Mandalay’s tax revenue in the last budget year exceeded the collection of the year before by almost K20 billion, thanks to increased awareness among taxpayers. The regional government only expected to collect K141 billion in taxes in the 2016-17 budget year but managed to get ...

Traditional retail businesses will get help from the government to enable them to compete better with modern operators and stimulate the domestic economy. The Commerce Ministry says it aims to boost the number of what it calls strong enterprises to more than 25,000 this year ...

Though the taxi-hailing service is still a relatively new concept in Myanmar, Grab, the leading ride-hailing firm in Southeast Asia, has revealed its ambitious target of attracting everyday taxi users in Yangon to book taxis through their app. Cheryl Goh, group vice president of marketing ...

The Constitution Drafting Commission (CDC) has confirmed that local elections could be staged before the next general election while calling on the government to revise laws related to the local polls. CDC chairman Meechai Ruchupan said the constitution allows the government to organise municipal elections ...

With most elderly Thais having no or hardly any savings, Thailand has an acute need to keep people in work as long as possible. Creating job opportunities for the country’s greying population is now top of the agenda at various organisations, both in the government and ...

Prime Minister Hun Sen has reaffirmed the country’s commitment to supporting Beijing’s One China policy during a meeting with a Chinese official, a stance one expert called “obsequious”. State-run media outlet AKP quoted Kao Kim Hourn, an official attached to the Prime Minister in charge ...

As Cambodia moves forward with its Industrial Development Policy, the government is seeking support from international organisations for smooth implementation. The Post’s Kali Kotoski sat down with Li Yong, director-general of the United Nations Industrial Development Organization, to discuss his findings and how the organisation ...

Malaysian-owned power infrastructure provider Pestech (Cambodia) Ltd has been awarded a contract to build a 230-kilovolt transmission line valued at $100 million to connect Koh Kong province’s Stung Tatai hydropower dam to Phnom Penh, according to a filing on the Malaysian stock exchange. The deal, ...

A senior economist from the Asia Development Bank has warned the EU’s ban of Tricyclazole could damage Cambodia’s agriculture sector, as farmers rush to eradicate the use of the fungicide by June. The strict new limits on pesticides will mean rice exported to the EU ...

China overtook Vietnam to reclaim the number one position as the largest foreign investor in Laos last year, according to an annual report from the Ministry of Planning and Investment. China’s investment last year soared to over US$1 billion compared to US$88.9 million in 2015 ...