Investment policy and regulation
Domestic investors
Rice millers balk at export fees
Numerous members of the Cambodia Rice Federation, the body tasked with lobbying on the sectors behalf, have stopped paying membership dues and export fees, claiming that they cannot afford to as the industry continues to struggle with high production costs and regional export competition. According ...
Illicit trade costs millions
Illicit financial flows in and out of Cambodia starved the Kingdom of at least $360 million in lost taxes annually between 2005 and 2014, according to a new report. The US-based nonprofit Global Financial Integrity measured illicit financial flows – the illegal movement of money ...
Thailand primed for region gateway role
Prime Minister Prayut Chan-o-cha told the gathering of World Travel and Tourism Council members in Bangkok last week that the country’s strategy is called “Thailand Plus One”, under which Bangkok is positioned as a gateway for trade, investment and tourism in the region. The focus is ...
Dairy, real estate giants interested in education sector
More and more big investors are pouring money into the education sector, which is seen as profitable and safe. In early 2017, TH Group, a dairy producer, officially put its school system into operation. Students can study at TH schools from two years old until they finish ...
Vietnam contributes to ASEAN Summit’s success
A Vietnamese delegation led by Prime Minister Nguyen Xuan Phuc had important contributions to the success of the 30th ASEAN Summit, which took place in the Philippines on April 29-30. The statement was made by Deputy Foreign Minister Nguyen Quoc Dung in an interview granted to ...
Academic fears concession will lead to land grab in Eastern Economic Corridor
An academic has warned that foreign investors will receive too many privileges under the Eastern Economic Corridor Bill, which could lead to serious land problems in the Eastern region. Decharut Sukkumnoed, the lecturer at Faculty of Economics Kasetsart University, said there were alarming issues regarding ...
Transfer of foreign technology to Thailand a key facet of EEC: top official
The transfer of technology is at the heart of Eastern Economic Corridor and it is crucial to allow foreign investors some privileges to move the country’s economy forward, the head of the development group says. There has been concern that extended land-leases and other privileges for ...
ASEAN leaders push to realise community’s vision
The 30th ASEAN Summit kicked off on Saturday in Manila, the Philippines, with leaders of the 10-member regional bloc pushing forward the realisation of the ASEAN Community’s Vision 2025. Prime Minister Thongloun Sisoulith led a high-level delegation from Laos at the summit, which took the ...
PM meets with Vietnamese investors in Laos
Prime Minister Nguyễn Xuân Phúc met in Vientiane on April 27 with Vietnamese investors to hear about their difficulties in a bid to help create favourable conditions for Vietnamese investments in Laos. Phúc praised the efforts and results achieved by Vietnamese firms doing businesses in Laos, ...
Infrastructure attracts investment to north Việt Nam
The newly established five modal (rail/road/air/river/sea) infrastructure network has brought a great deal of investment to the Red River Delta, especially Hải Phòng, delegates told a seminar held in HCM City on Wednesday. Hans Kerstens, international business development manager at Deep C Industrial Zones, said ...