Investment policy and regulation
Domestic investors
Govt to encourage wider use of contraception
In a bid to lower maternal and child morbidity and mortality, Laos will aim to reduce the unmet need for contraception to 13 percent and increase the contraceptive prevalence rate using at least one method from 42 to 65 percent by 2020. The nation’s unmet ...
Regional meeting cements partnership in tourism
Cambodia, Laos, Myanmar and Vietnam plus Thailand (CLMV+T) have reaffirmed their commitment to strengthen their cooperation in promoting tourism. The countries’ leaders agreed on their tourism partnership during the two-day Regional Workshop on Methods and Strategies for Implementing Public Private Sector for Cambodia-Laos-Myanmar-Vietnam Plus Thailand, ...
Weather station upgrades brighten outlook for forecasters
The Japanese government has supported the improvement of weather recording equipment and facilities which were handed over last Saturday to the Meteorology and Hydrology Department. The project was handed over to the department under the Ministry of Natural Resources and Environment by the Japan International ...
Singapore hopes to be part of Laos’ growth story: PM Lee
Laos’ leaders have ambitious plans for the country, and Singapore hopes to be part of Laos’ growth story, Prime Minister Lee HsienLoong said on Tuesday. Speaking at an official dinner at the Istana for visiting Lao Prime Minister Thongloun Sisoulith, Mr Lee noted that Singapore ...
Start-up for refinery construction
Construction of phase one of a landmark $3 billion oil refining plant kicks off today in Sihanoukville province, after many delays since the company announced plans in December 2012. Cambodian Petrochemical Company (CPC) formed a joint venture with China Perfect Machinery Industry Corp (Sinomach) for ...
New rules could stymie education FDI
Experts have objected to several provisions of a draft decree on foreign investment in education saying they need further clarification and revision. They expressed their opinions at a consultative workshop held last week on a draft decree prepared by the Ministry of Education and Training. ...
VN lacks tools to net pyramid sharks
Viet Nam lacks the legal wherewithal to deal comprehensively with dubious multilevel marketing companies operating in the country, officials say. While a crackdown on pyramid schemes by the Vietnam Competition Authority has made some headway, authorities are unable to exercise due control over the multilevel ...
Private sector sees export growth rising by up to 3.5 per cent
A peak grouping of private-sector financial organisations has raised its forecast for this year’s export growth to 2-3.5 per cent amid a pick-up in the global economy. But the Joint Standing Committee on Commerce, Industry and Banking warns that uncertainties over the trade policies of the ...
Local silk industry seeks Chinese support
More than 20 local silk companies and producers are seeking the support of Chinese silk experts, in the form of joint ventures, to help them raise silkworms and cultivate mulberry trees. The companies made this call at a business matching event with representatives from the ...
CRF urges millers to pay up
The Cambodia Rice Federation will hold a meeting with milled rice exporters tomorrow to enforce the payment of fees for the federation’s operations. The meeting comes amid criticism from exporters that the CRF had done nothing to boost their exports and seek new markets. Hun Lak, ...