Economy and commerce
Investment
Giant jade stone uncovered in Kachin State
A giant jade stone estimated to weigh 210 tons was uncovered in the jade mining hub of Hpakant in Kachin State last week and is now being guarded by police. “We can say it is the largest piece of jade ever unearthed in Myanmar,” confirmed U ...
After Thai King Bhumibol's death, succession may be delayed
On October 13, news broke that Thailand’s 88-year-old king, Bhumibol Adulyadej, died after suffering complications from hemiodialysis treatment at Bangkok’s Siriraj hospital. King Bhumibol, the world’s longest reigning monarch, was revered as a demi-god and, for most Thai citizens, was the only monarch they had ...
Chinese deals help, but Cambodia needs to do more: experts
Despite strengthened economic ties following the signing of 31 agreements on October 13 between Cambodia and China, the Kingdom’s agricultural sector still needs to improve before it can fully benefit from the opportunities offered by the largest economy in the region, experts have said on October ...
Hai Duong pressures delayed thermal power plant
The Hai Duong People’s Committee is seeking solutions for the $2 billion, 1,200 megawatt Hai Duong thermal power plant, in case the investors continue to delay with the construction. The committee has requested the PM to direct ministries and relevant authorities to urge the co-investors, namely ...
Massive $23.2B project gets ‘green light’
Several subordinates of a senior minister within the office of the prime minister registered and rubber-stamped a gargantuan $23.2 billion investment project chaired by the minister’s wife, while officials in the know say the project stands little chance of getting off the ground. The massive project ...
Thailand forever altered as King Bhumibol Adulyadej dies
After seven decades, the longest-serving monarch in the world has died. Southeast Asia Globe looks back at King Bhumibol Adulyadej’s reign. Thailand’s King Bhumibol Adulyadej, the longest-reigning monarch in the world and the ninth ruler in the unbroken Chakri dynasty, is dead. A reign that ...
Vietnam contributes to dynamic, prosperous Mekong sub-region
Vietnam has been making practical contributions to turning the Mekong sub-region into a dynamic and prosperous economic area via CLMV and ACMECS cooperation framework, Deputy Prime Minister and Foreign Minister Pham Binh Minh has affirmed. As the 8th Cambodia-Laos-Myanmar-Vietnam Summit, the 7th Ayeyawady-Chao Phraya-Mekong Economic Cooperation ...
Judges and rice: Cambodia's expanding reliance on China
Cambodia is rapidly expanding its diplomatic affair with China. Early last week it appealed to Beijing for help amid plunging rice pricesand then three days later Phnom Penh signed an MoU seeking Chinese assistance in overhauling its much maligned judiciary. The memorandum of understanding allows China ...
Chinese president to touch down in Cambodia as nations consolidate ties
Cambodia is edging increasingly close to China, as the superpower lavishes aid on the ASEAN nation that has proved a robust ally in the South China Sea dispute. Chinese President Xi Jinping will arrive in Cambodia tomorrow for a two-day official visit, consolidating a far-reaching relationship ...
Airbus to marshal its satellites against deforestation
One of the world’s largest aerospace companies is enlisting its satellites in the fight to save forests. That’s the aim of Starling, a new service developed by Airbus Defence and Space, nonprofit The Forest Trust and remote-sensing specialist SarVision. Food giants Nestlé and Ferrero, two of the ...
