Industries
Thailand becomes ‘King of Cement’ in Vietnam
Thailand based Siam City Cement Public Company has agreed to purchase a 65% stake in cement manufacturer Holcim Vietnam HVL from French headquartered LafargeHolcim, according to an SCCC statement. HVL currently operates one integrated plant and four grinding plants with an annual cement capacity of 6.3 ...
Visitors to Cambodia spike after Thai terror
The number of visitors crossing into Cambodia through Poipet City spiked after last week’s bombings at tourist sites in Thailand, according to a senior official in the Banteay Meanchey provincial tourism department. The number of tourists coming in through the border town per day has almost ...
Authorities join private sector to rebuild tourism
The Tourism Authority of Thailand predicted that the country may lose 100,000 to 200,000 foreign tourists following the blasts, which would mean a loss of some Bt5 to Bt10 billion in tourism income this year. Kobkarn Wattanavrangkul, Minister of Tourism and Sports, said on August 16 that tourism authorities ...
Environmentalists’ objections convince Shan parliament to reconsider building site
The speaker of the Shan State legislature has pledged to reconsider the location for the construction of a new regional parliamentary building after environmental activists voiced objections to the proposed site in the state capital of Taunggyi. Those in opposition to the plan launched a signature ...
Board of CRF seeks a double term
Just a month since their election, the leaders of the nation’s apex rice industry body have cast a motion to extend their terms – a move some have greeted with suspicion. On August 12, the board of directors of the Cambodian Rice Federation announced it ...
Numerous bombs in the South after Hua Hin blasts
A string of explosions rocked southern provinces as the nation celebrated Her Majesty the Queen’s birthday. The blasts on August 5 came just hours after one person was killed and nearly 20 injured, including foreign tourists, by two explosions in Hua Hin, Thailand on the ...
EU asks gov’t to cancel Mondulkiri border crossing plan
The EU has called on the government to kill plans for a controversial border checkpoint in the Mondulkiri Protected Forest that has drawn the ire of conservationists since it was first mooted two years ago. At a meeting with Interior Minister Sar Kheng on August 9, ...
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 ...
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 ...
Southerners have new jobs thanks to rising levels of seawater
Sea water rise and saline intrusion have damaged crops this year, but they have offered opportunities for farmers to breed shrimp on rice fields. According to the Ca Mau provincial Department of Agriculture and Rural Development, at first, when farmers began trying to breed shrimp, the ...
