Robust factory growth charted

Cambodia has seen a marked increase in industrialisation over the past five years, with the number of factories nearly doubling during that period and producing a broader range of goods for both export and domestic consumption, according to new unreleased government data. In the yet-unpublished ...

Election to be held after coronation, Finance Minister tells fund managers

Foreign fund managers posed several questions to Finance Minister Apisak Tantivorawong after he gave his keynote speech at the CLSA ASEAN Forum 2017 on March 9. One member of the audience asked Apisak when the general election would take place, adding that investors really wanted to ...

Luang Prabang honoured in regional awards scheme

The Unique Tour offered to visitors to Luang Prabang was awarded a special prize on Wednesday by the ASEAN-Japan Centre at a ceremony held in Japan. An official at the centre, Ms Junko Nukiyama, reported on March 9 via social media that Laos was one of ...

VietJet looks to soar above its domestic and foreign rivals

VietJet Aviation, a privately run discount airline also known as VietJet Air, listed on the Ho Chi Minh City bourse on Feb. 28. The carrier eventually expects to eclipse state-run Vietnam Airlines in the domestic market, but it also has big goals for its international ...

A look inside Xayaburi dam

The Xayaburi dam, with installed capacity of 1,260 MW, is the first one among 12 mainstream dams on the Mekong river. Located approximately 30 kilometers east of Xayaburi district, in northern Laos, this $3.2 billion dam is a controversial case: while Laos and dam-developers are ...

LNG fills energy supply gap

Despite the eventual decline of three offshore gas projects, attempts are being made to supply 480 million cubic feet per day in summer, according to managing director of Myanma Oil and Gas Enterprise U Myo Myint Oo on March 3. “A plan has been arranged to ...

HomePro mulls investment in Cambodia

HomePro, a leading home improvement retailer in Thailand, is mulling expansion to neighboring countries – including Cambodia next year – with an investment budget of between $170 million and nearly $200 million. Rakpong Aroonwatdhana, HomePro’s head of investor relations, is quoted by the Bangkok Post ...

Vietnam’s Mobile World Group enters Cambodia

Mobile World Group will launch its first store called BigPhone.com in Cambodia in the first quarter of this year, according to Viet Nam News. The store is under construction, general director of MWG Tran Kinh Doanch was quoted as telling the English daily. “Once operation, the ...

Mandalay development policy draft completed

The first draft of a policy to develop specific industries in the Mandalay Region has been completed and will soon be presented to the Hluttaw once the policy is finalised. Work on drafting the policy began three months ago, and focuses on the sectors of agriculture, ...

License for Cambodia investment tax service

Cambodia Investment Tax Service has become the 44th tax agent to get a license from the General Department of Taxation since the government made an effort to modernize and make more efficient tax collection by using private companies. Anthony Galliano, company group CEO, said licensing and ...

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