Industries
Manufacturing
Mon armed group seeks talks with prospective investors
Nai Win Hla, an executive committee member of the New Mon State Party, said Mawlamyine Cement Limited inked a deal with the Mon State government in Myanmar to build a cement factory, and then built a coal-fired power plant inside the compound without local residents’ knowledge. ...
Trade union law passes
The National Assembly of Cambodia on 4 April passed a contentious trade union law, just hours after a group of pro-union demonstrators and Daun Penh district security guards clashed violently outside.“They did not explain clearly what their intentions [were to retain articles in the law],” ...
Kingdom's economy to remain stable: ADB
Cambodia’s economy is expected to remain stable this year as uncertainty surrounding China’s economic slowdown appears to ease, and backed primarily by strong performance in garment and footwear manufacturing, as well as construction, the Asian Development Bank (ADB) said on 30 March. Keep reading ...
Plan aims to rebuild silk sector
With Cambodia’s storied silk industry in rapid decline, the government is looking to revitalise the sector with a new development strategy aimed at making local sericulture more modern, sustainable and inclusive, officials said during a recent industry event. Keep reading ...
Reththy, Agriculture Ministry continue to squabble
The Ministry of Agriculture has rejected a request from private-sector rubber firms – led by agricultural tycoon Mong Reththy – for a meeting to discuss the floundering fortunes of the nation’s rubber sector, claiming the ministry was busy and was already addressing the issue. The rejection ...
Vietnam's textile exporter raises nearly $6.9 million in IPO
State-controlled Gia Dinh Textile and Garment Company has sold more than 15 million shares, equivalent to a stake 24.28 percent, for over VND155.8 billion (US$6.89 million) in an initial public offering. Keep reading ...
Mazda showroom opens in central Vietnam
A new Mazda showroom in the Central Highlands province of Gia Lai was launched in January 2016, raising the total number of the brand’s showrooms in Vietnam to 32. Keep reading ...
Samrin sends questions over Vietnam’s army ELCs to PM
More than a month after rejecting a letter from an opposition lawmaker pressing the government for answers about plantations in Cambodia’s Ratanakiri province controlled by the Vietnamese army, National Assembly President Heng Samrin this week forwarded a revised version to Prime Minister Hun Sen. Keep reading ...
Thailand pushes for next-generation automotive
Thailand has stressed its desire to be the manufacturing hub for eco and hybrid vehicles. During his meeting with top executives of Japanese auto makers on 7 March, Prime Minister Gen Prayut Chan-o-cha said that these cars would pave way for the manufacturing of high-technology electric ...
Revised rubber export tax scheme criticised
Rubber producers said on 6 March the Cambodian government’s decision to amend the export tax scheme on natural rubber fell short of expectations and would do little to stem the losses of farmers as rubber prices hover near a six-year low. Prime Minister Hun Sen issued a ...