Economy and commerce
Villagers wary of M’kiri mine project
An environmental impact assessment released on Friday for a $245 million mining project slated to begin operations in Mondolkiri province next year has raised concerns about its potential effects on the environment and local communities. The project, proposed by the Chinese-owned Alex Corporation, would see ...
Shut gold mine shows investors risks of Thai junta rule
When Thailand’s junta leader-turned-prime minister used his absolute power to suspend gold mining, causing an Australian miner’s shares to plummet 19% in a single day, he complicated efforts to attract foreign investors already spooked by military rule. Prime Minister Prayut Chan-o-cha announced the order last ...
Institute: Thailand can be 'Top 5' food exporter
The National Food Institute says it plans to push Thailand to be among the top five food exporters within the next 20 years, with value rising to 6 trillion baht, says Nuttapon Nimmanphatcharin, the institute’s vice-president. Thailand ranks 13th among food exporters, with a value of ...
PM urges Royal Group to launch satellite
Prime Minister Hun Sen urged the influential tycoon at the head of the country’s biggest conglomerate to move forward on a long-stalled plan to launch Cambodia’s first satellite, adding that it would be a profitable venture given the high demand from the booming telecommunications industry. ...
CSOs call for greater transparency in Tanintharyi developments
A Coalition of local residents has criticised two Myanmar companies and a Chinese firm for announcing plans for a number of development projects in Tanintharyi Region. In a statement issued on December 14, the residents also attacked the local ethnic armed group, the Karen National ...
TPP still of value to Vietnam
It is too soon to evaluate the impact on Vietnam if the TPP is not ratified but the country has other valuable options available, a conference in Hanoi on December 14 heard. Trade with other members may be possible, conference hears, and there are other trade ...
Education, skills key to graduation from LDC status
Moving out of Least Developed Countries status requires raising people’s education and skill level as well as improving their health. The matter was stated by Deputy Minister of Planning and Investment, Dr Kikeo Chanthaboury during the conference on launching related issues, held in Vientiane on ...
Minister faces music on sand
Mines Minister Suy Sem could not give parliament’s anti-corruption commission an acceptable explanation for why Cambodian customs data failed to note $750 million in sand exports that Singapore says it received, the committee’s chairman said after a hearing on December 15. Sem was called in ...
Experts call for reducing rice exports
The country should halve its rice exports from the normal 7-8 million tonnes until 2020 because of difficulties exporters face and falling production due to climate change, according to the Viet Nam Food Association. Speaking at a seminar in HCM City on December 13, Huynh The ...
Shrimp exports set to grow 10-15%
Thai shrimp exports are expected to grow by 10-15% next year, with domestic supply to hit a record high four years after Thailand began wrestling with early mortality syndrome. Somsak Paneetatyasai, president of the Thai Shrimp Association, said the country’s overall shrimp industry has been ...
