Domestic investors

The government cabinet has been exploring ways to better facilitate and promote investment in Special Economic Zones, after many zones have been set up in the provinces and in Vientiane. The cabinet on September 26 convened an extraordinary meeting and discussed a draft of the Law on ...

Deals would put the majority of seeds, chemicals and GM traits in the hands of three companies, deepening poverty for small-scale farmers. When an Indian farmer plants his cotton crop, there’s at least a 75% chance the seeds have been been bought from a company owned ...

Myanmar’s leading garment industry body has been buoyed by the lifting of sanctions it hopes will see a return to the glory days for the sector, when in the early 2000s a majority of country’s garments were shipped to the US. Speaking at a manufacturing trade ...

The government has allocated almost 5 billion kip for authorities to finance work in the payment of compensation to those who will lose land when the Laos-China railway is built. However, the actual payments will be carried out by the joint venture company that is ...

The state-owned bank entrusted with extending $27 million in emergency loans to millers to purchase rice paddy has marginally lowered the interest rate on these conditional loans in an effort to shorten some of the strings attached. The Rural Development Bank announced late on September 25 that ...

Over 40 new mining licences were issued during the first half of the year to satisfy the high demand for construction materials by Cambodian infrastructure and real estate projects, while more than 100 licences were revoked due to environmental concerns or inactivity, a government official ...

The government has further pursued the national development policy and mainstreamed the Sustainable Development Goals into its 8th five-year National Socio-Economic Development Plan (2016-2020), the Development Strategy 2025, and Vision 2030. Prime Minister Thongloun Sisoulith outlined the government’s stance on the SDGs at the 71st Session ...

A three-day trade and tourism conference aimed at promoting Indonesian-made products in Phnom Penh ended on September 25 and although the conference is hoped to boost bilateral trade, an Indonesian diplomat said direct flights would be needed to facilitate the flow of business between the two ...

The Environment Protection Fund and the World Bank recently provided funding for the second phase of four environmental and social protection sub-projects in Laos at a cost of more than US$4 million. The first sub-project named Capacity Building for Pollution Control, Waste and Hazardous Chemicals Management ...

The Chinese developer behind a massive $3.8 billion tourism project being built in Koh Kong province has confirmed that it is ready to begin construction on a new international airport to serve the coastal resort and company’s related developments, though declined to reveal the investment ...