Economy and commerce

Some of the world’s biggest financial institutions are working on a plan to speed the closure of coal-fired power plants in Asia, the BBC has been told. The initiative was developed by UK insurer Prudential, is being driven by the Asian Development Bank (ADB), and includes ...

Japan and other Mekong countries have expressed support for Cambodia’s initiative to establish a joint working group on the Mekong-Japan Economic Recovery Scenarios, according to a press statement issued by the Ministry of Foreign Affairs and International Cooperation following their latest meeting on August 6. The ...

More than 100 environmental groups have called on the government to prohibit the import of plastic waste and instead encourage the use of domestic plastic waste for recycling as a way to safeguard the environment and promote the circular economy. The network of 107 civil society ...

The EU in Laos is providing support for the export of Lao goods to the European market through training sessions for government officials and associated parties. A training session conducted in Vientiane on Aug 2 was co-chaired by the political officer at the EU in Laos, ...

Thailand risks fueling its decade-high unemployment rate and household debt with the imposition of lockdown-like measures to contain the deadliest Covid outbreak to hit the nation. The greater Bangkok area, accounting for about 50% of Thailand’s gross domestic product, will shutter shopping malls, spas, massage and ...

On 28 June, the Cambodian National Council for Sustainable Development of the Ministry of Environment launched the implementation of the National Strategic Plan and Action Plan for a circular economy with financial support from Sweden, Japan, and the United Nations Development Program (UNDP). The strategy includes ...

Chinese businesses with risky investments in Southeast Asia’s Mekong region are increasingly turning to legal, China-based private security companies for protection, according to a new report. The Washington-based Center for Advanced Defense Studies (C4ADS) found that China-based companies account for 29 of the 49 foreign private ...

In his second visit within 9 months, the Foreign Secretary has met counterpart Vietnamese Foreign Minister, Minister Bui Thanh Son, to discuss the implementation of the UK-Vietnam Strategic Partnership Agreement, in addition to subjects such as the global health security, climate change and Myanmar. The visit ...

Thailand’s planned reopening of the resort island Phuket next month to vaccinated visitors, bypassing quarantine requirements, has met a lukewarm response, with hotel bookings indicating expected occupancy of less than 20% so far. The “Phuket Sandbox” initiative from July 1 will allow free movement on the ...

A new study by TRAFFIC, a group that monitors the illegal trade in wildlife, has found thousands of animal parts and products – from pangolin scales to ivory and bear bile – for sale in five countries in mainland Southeast Asia, underlining the region’s struggle ...