Government
Sihanoukville port IPO rescheduled
The state operator of Sihanoukville’s deep-sea port has pushed back the expected date of its initial public offering to February 2017 in order to give the company more time to resolve land titling and taxation issues, a company official said on August 11. Ty Sakun, ...
Cambodia, Russia continue discussing nuclear energy plans
A November pact with Russia that first raised the possibility of nuclear energy in Cambodia is still being quietly pursued. Next week will see the second meeting of a Ministry of Interior working group dedicated to coordinating cooperation with the Vladimir Putin-led government in the ...
Bangladesh frees 92 Myanmar fishermen
The Bangladesh government pardoned 92 fishermen of Myanmar out of a good neighbourliness, who were caught for illegally entering into the Bangladesh territorial waters in December last year. According to the Bangladesh embassy in Yangoon, the authorities concerned in Myanmar were notified when the fishermen entered ...
Vietnam dealbook: Malaysia’s Mitra Energy, Thai Union strike M&As
Malaysia’s Southeast Asia-focused oil and gas group Mitra Energy has reached a sales and purchase agreement with Japan’s Teikoku Oil to acquire a 30 per cent interest in Vietnam’s oilfields in the Nam Con Son basin. Meanwhile, Songkla Canning, a wholly-owned subsidiary of Thai Union ...
South-east Asian countries need to step up cooperation to fight extremist terrorism
Countries in South-east Asia need to step up cooperation to fight the threat of extremist terrorism, Minister for Home Affairs K. Shanmugam said at the International Meeting on Counter-Terrorism in Bali. “We need to establish a common understanding of the security threats facing us, the challenge ...
Cambodia standing up for migrant fishermen too late: experts
The government’s Cambodian Human Rights Committee on August 9 sent a request to its counterpart in Thailand to help push the Thai government to implement safety measures to protect Cambodian fishermen working in Thailand in often slave-like conditions, a request advocates said yesterday should have been ...
Singaporean firms find room to grow in Cambodia
Singaporean firms are taking an increasingly close look at the Cambodian market, both as a low-cost offshore production base and as a destination for their goods and services. Ho Meng Kit, CEO of the Singapore Business Federation, which represents 22,500 Singaporean companies, said as Cambodia ...
Malaysian trade agreement inked at Phnom Penh business forum
Cambodia and Malaysia took strides on August 9 to enhance bilateral trade and investment, holding a business forum in Phnom Penh and inking a cooperation agreement aimed cementing existing ties – and forging new ones. Malaysia is one of the top investors in Cambodia, and a cornerstone ...
U.S. urges Thai junta to cede power to civilian government soon
Speaking at a press briefing, State Department spokeswoman Elizabeth Trudeau also raised concern about the drafting process of the proposed constitution, saying it was “not inclusive” and lacked “open debate” before it was adopted. The United States urged Thailand’s ruling junta on August 8 to return the ...
China-Laos relations improve as Gezhouba Group constructs hydro power plant
The project is called Xelanong 2 and is foreseen to generate 35 megawatts of power, or 140,700 megawatts of electricity annually. The Chinese company is the one which built the giant Gezhouba Dam in the Yangtze River which produces 2,715 megawatts of power. Lin Boqiang, director of the ...
