Investment policy and regulation
Domestic investors
Solar power costs remain high in Vietnam
Vietnam’s renewable energy production costs remain higher than other countries as the country still does not have a competitive solar energy market. Many people in the country have saved money by using solar energy. A solar energy system with capacity of 1 KW was installed on the ...
Education Ministry gives recognition to more foreign degrees
The number of applications for recognition of foreign degrees made to the Ministry of Education and Training (MOET) increased by 44 times in 2008-2016. A report of the ministry released at a workshop on March 28 showed that in 2008, when the regulation on recognition of ...
South Korea eyes new investments
The Cambodia Chamber of Commerce and the Korea International Trade Association have announced a partnership to bring more South Korean investors to Cambodia. Last year trade between the countries reached $812 million. The Memorandum of Understanding signed on April 6 intends to boost that figure, particularly ...
Economy to face new challenges
Cambodia’s economic growth remained strong last year though the Kingdom must now address major systemic challenges to build on its ascension into lower-middle income status in order to maintain healthy levels of development, the Asian Development Bank said in its annual report on April 6. ...
Solid growth expected for Laos this year and 2018: ADB
Laos’ economic growth is picking up in 2017 and 2018, supported by the expansion of production and sale of electricity, buoyant services sector growth, and construction of the cross-border railway, according to a new report from the Asian Development Bank (ADB). Gross Domestic Product (GDP) ...
Credit guarantee insurance not helping small businesses
Credit guarantee insurance was introduced under the former government in 2014 but the system has not been widely adopted by banks and businesses. As a result, financial support for SMEs remains inadequate. So far, CB bank has offered loans to 21 businessmen, KBZ has given ...
Inspect steamers, ministry tells factories
The Labor and Vocational Training Ministry has instructed all garment, textile and footwear factory owners to ensure all steam irons adhere to safety regulations to prevent explosions like the one last month that killed one garment worker. In an announcement by Labor Minister Ith Samheng dated ...
What’s on the agenda for the Trump-Xi meeting?
Tomorrow, U.S. President Donald Trump will begin his first face-to-face meeting with Chinese President Xi Jinping. The meet-and-greet, to be held at Trump’s Mar-a-Lago estate in Palm Beach, Florida, will be the first direct engagement between the two leaders since a phone call on February ...
China and India’s shared pathway to great power
With both countries displaying world-leading economic prowess, along with mounting military expenditures, as well as their increasingly heard – and sought after – diplomatic voices, China and India are determinedly on the rise within international affairs. Their collective ascent is a fundamental element within contemporary ...
Monetary tightening emerges as risk to Chinese economy
China economists increasingly see tighter monetary policy by the People’s Bank of China as a downside risk, voicing concerns that efforts to curb capital outflows and a real estate bubble will weigh on the economy. Tighter monetary policy has surged to second place on a ...
