Investment

In prioritising Southeast Asia in its assistance, the multilateral lender would get involved in many operations in the region, said Ramesh Subramaniam, the director general of the bank’s Southeast Asia department. Subramaniam told the ADB annual meeting yesterday that the development lender would invest around US$5 ...

The new 500 kV and 230 kV transmission lines to be installed in Laos’ capital Vientiane, a joint project between Lao and Chinese companies, will ensure more Lao people to have sufficient power, officials here have said. The new power lines will transmit electricity from hydropower ...

The Belt and Road Initiative (BRI) is China’s grand plan to revive ancient trading routes over both land and sea. Since its inception in late 2013, how China has influenced Southeast Asia through the BRI has become central to the debate on China’s keynote global outreach ...

The Association of Southeast Asian Nations (ASEAN), the Asian Development Bank (ADB) and major financiers on Thursday launched a facility to spur more than $1 billion in green infrastructure investments across Southeast Asia. The facility offers loans and technical assistance for sovereign projects in areas such ...

The Lancang-Mekong Cooperation (LMC) marked its third anniversary last week with the announcement that China’s trade with the five Mekong member countries – Cambodia, Lao, Myanmar, Thailand and Vietnam – has reached over US$260 billion for the period, highlighting the overarching role China plays in ...

Restrictions on border trade with China are a big headache for many Myanmar merchants. China officially bans most rice imports from Myanmar, for example, but its border officials often turn a blind eye to the trade. In early February though the Chinese authorities launched a crackdown ...

Lawmakers in Laos are urging the government to be stricter on foreign business entities in the country in an effort to protect the environment and protect the livelihood of the people. Khamsaphone Xayavong, a member of parliament from Oumxay district, Oudomxay province in northern Laos, called ...

China-funded infrastructure projects in Southeast Asia have plunged in the past year as foreign governments grow wary of Beijing’s overseas investments. The value of newly announced big-ticket deals in the region – investment commitments and construction contracts worth more than $100 million – dropped just  ...

By far the largest mining endeavor globally is digging up sand, mainly for the concrete that goes into buildings. But this little-noticed and largely unregulated activity has serious costs — damaging rivers, wreaking havoc on coastal ecosystems, and even wiping away entire islands. In Cambodia, researching ...

It’s a long way from Whitehall and Brussels, but a study has found that the developing country that will be hardest hit by Brexit is the south-east Asian nation of Cambodia. With the deadline to reach a Brexit agreement looming in March, much attention has been given to ...