Industries

The deadly Erawan Shrine bombing is expected to weaken already soft demand in the property market. In the wake of the bombing on 17 August, SET-listed developers including Supalai Plc, Property Perfect Plc, Major Development Plc and Noble Development Plc have decided to postpone some or ...

Chinese visitors represent the third-largest segment of foreign visitors to Laos, following visitors from Thailand and Vietnam. In the future it is likely that China will surpass  Thailand and Vietnam as the top supply market for travel. Keep reading ...

Lao Coca-Cola Bottling Co, a joint venture between ThaiNamthip and Laotian company PT Sole Co, has announced the inauguration of the first Coca-Cola bottling plant in Laos. The plant, located in Saithani district of Vientiane province, will produce sparkling beverages for the Laotian market, including Coca-Cola, ...

With the ASEAN Economic Community (AEC) set to commence at the end of this year, promising deeper cross-market potential for property investment, the region as a whole is experiencing a cooling effect—with the exception of Cambodia, which shows strong growth numbers according to property consultancy ...

In search of Cambodia’s next economic growth driver, the government on 26 August laid out the Cambodia Industrial Development Policy 2015-2025, which aims to expand the Kingdom’s narrow industrial base beyond garments and rice. The new policy, launched by Prime Minister Hun Sen at the Peace Palace ...

Vietnam is expected to welcome 664, 985 person-times of international visitors in August, up 12 percent compared to July and up 7.5 percent year-on-year, said the Vietnam National Administration of Tourism (VNAT) on 26 August. Keep reading ...

Myanmar’s largest beer maker, military-owned Myanmar Brewery Ltd., aims to increase its annual production by 50 percent in the years ahead, the company announced on 26 August. Following a recent partnership with Japan’s Kirin Holdings, the company’s chairman Nay Win said the new joint venture will try ...

Aiming to one day become a major manufacturing base in Cambodia, Sihanoukville faces an uphill battle in attracting workers, provincial officials have said. Yow Khemara, director of the Department of Labour and Vocational Training at Preah Sihanouk province, said Sihanoukville currently lacks about 4,000 workers in ...

Cambodia, Thailand and Vietnam are conducting ongoing discussions on the creation of a Southern Tourism Corridor, which would promote tour packages across the southern provinces of the three countries, giving a boost to tourism across the region. Keep reading ...

After the strong depreciation of the Chinese yuan, steel industry insiders have warned local steel producers that Chinese steel products could flood the Vietnamese market, causing difficulties for them. Vice-Chairman of the Vietnam Steel Association Nguyen Van Sua said although in recent years, the local steel ...