Extractive industries revenues

A new investigation commission will be formed to look into the Myanmar Gems Traders Association’s financial scandal, involving allegations of more than US$100 million that went missing from their bank account, according to the organization’s chairman. A previous review was conducted and finalized this week by ...

According to the new assignments at the government’s monthly meeting for May in Vientiane from May 24-25, the Ministry of Agriculture and Forestry takes sole management for all kinds of forest. The Ministry of Energy and Mines takes sole management mandate for all mining. Land management ...

Despite the government’s vow to be more transparent with regulations and the issuing of sand-dredging licences, Cambodia’s Ministry of Mines and Energy has granted nearly 70 new such licences without holding public auctions or requiring companies to disclose environmental impact assessments results to the public, according ...

With the rainy season petering out, mining companies are gearing up to resume full operations on prospects in northern and eastern Cambodia, with investors keeping a close watch as firms push to expand their resource estimates and the country prepares to open its first royalty-bearing ...

Natural gas exports earn Myanmar US$170 million each month, with a total of 1.6 billion cubic feet per day of natural gas exported to Thailand and China, according to the Ministry of Energy. “Gas exports earn over US$170 million every month, including taxes and other charges. ...

The hit to the value of Laos’ mineral commodity exports inflicted by lower international prices have been confirmed by figures showing an 8.7 percent decrease in returns despite increasing production, local media has reported. Falling prices for gold, potash and copper inflicted the greatest downward pressure ...