Investment policy and regulation
Foreign investors
Costs set to torpedo Krabi power deals
The auction results that awarded three private companies contracts to build a Krabi coal-fired power plant and deep-sea port are expected to be revoked after delays pushed construction costs higher. The Electricity Generating Authority (Egat) may have to open a new bid if the new environmental ...
Platform to unify online trading on CSX
A central online trading platform expected to launch by the end of the year will allow investors to trade securities listed on the local stock market using a desktop computer or smartphone.Lamun Soleil, director of market operations at the Cambodia Securities Exchange (CSX), said the ...
China eases restrictions for investment in free-trade zones
China has removed 27 restrictions in its new list of negatives for foreign investment in its free-trade zones, according to a cabinet notice issued on Friday.Chinese leaders have pledged to open the world’s second-largest economy wider to foreign investors, but a negative list is in ...
PV Power wants strategic investors to buy shares
PetroVietnam Power Corporation (PV Power), a subsidiary of state-owned energy giant PetroVietnam, will sell 49 per cent of its stake later this year, with priority given to strategic investors.The corporation is going ahead with the equitisation process, and its initial public offering (IPO) is planned ...
Why India boycotted the Belt and Road Forum
After three years of uncertainty surrounding China’s ambitious Belt and Road Initiative (BRI), the highly anticipated Belt and Road Forum (BRF) was finally held in May 2017 in Beijing. But India, Beijing’s most populous neighbour, was conspicuous in its absence.Despite earlier concerns over a lukewarm ...
S44 to speed up high-speed train
Gen Prayut Chan-o-cha will use his special power as the junta chief to speed up the long-delayed Thai-Chinese railway project. He insisted his planned issuance of the all-powerful Section 44 of the interim charter to clear legal hurdles in the Thai-Sino rail project is not ...
Supporting SMEs, manufacturing locally and operating in underdeveloped areas criteria for FDI approval, official says
A top official from the Ministry of Commerce told an audience of foreign investors and businesses that foreign investments should be able to support SMEs, manufacture products in Myanmar and operate in underdeveloped areas. Those are the criteria upon which the government will approve or ...
Yunnan pushing trade, investment between Laos, China
Trade value between Laos and China’s south-western Yunnan province has reached US$1.37 billion, making up 40 percent of the total trade between the two nations.Speaking at the opening ceremony of the 2017 South and Southeast Asia Commodities Expo and Investment Fair (SSAECIF) on Monday, Deputy ...
Feasibility study begins on Borikhamxay irrigation project
The Department of Irrigation under the Ministry of Agriculture and Forestry has agreed with China’s Hunan Construction Engineering Group No. 2 Company on a feasibility study of the Nam Khu irrigation project in Pakkading district, Borikhamxay province.A Memorandum of Understanding was signed in Vientiane on ...
Govt mulls new State investment projects
Laos’ budgetary tensions have forced the government to cut spending in State investment projects in a move to prevent the country from being dragged further into chronic debt. Therefore some new State investment projects planned for this year might be postponed until next year following ...
