Economy and commerce

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 ...

Cambodia is well-prepared to minimise economic risks when it graduates from its Least Developed Countries status, according to a senior official at the Ministry of Commerce on May 7. Four LDCs – Cambodia, Laos, Bangladesh and Nepal – met at a virtual workshop last week to ...

April marked the one-year anniversary since most countries in the world went into some form of lockdown to curb the spread of Covid-19. The pandemic first and foremost has exposed gaps in current labour practices towards low-skilled transient (migrant) workers across Southeast Asia, particularly in Singapore, ...

Developing Asia’s economy will rebound faster this year than previously estimated, as nations tread diverging recovery paths, according to the Asian Development Bank. Southeast Asia’s forecast was lowered to 4.4% growth this year amid reduced projections for Malaysia, the Philippines and Thailand. The region’s gross domestic product ...

A new industrial boom is bringing high-tech investments to eastern Thailand. But in this drought-prone landscape, is there enough water to go around? As Thailand embarks on an ambitious industrialisation drive along its eastern seaboard, local communities and conservationists fear a brewing war over water. The Eastern Economic ...

New reports of Lao military operations against ethnic Hmong communities suggest the government is tightening its control over areas targeted for development and investment. According to a Radio Free Asia report on April 1, Lao military forces have repeatedly attacked Hmong living around Phou Bia mountain in Xaysomboun province, ...