Domestic investors

Rice millers said on September 18 they welcomed the prime minister’s announcement that the government would make over $20 million in funds available shortly to support cash-strapped millers and prop up falling paddy prices.“We’ve been waiting for these loans for a long time like fish waiting ...

Over US$1 billion has been disbursed in various business activities and the development of special and specific economic zones, driven by growing regional economic integration. Almost 300 companies from Laos and overseas are now investing in the SEZs, with a total registered capital of almost US$8 ...

Thai garment exports are expected to continue to decline with more Thai manufacturers expanding to neighbouring countries to tap cheaper costs and better tariff benefits. Vallop Vitanakorn, an adviser to the Thai Garment Manufacturers Association, said after expanding investments to Cambodia and Vietnam over the past ...

Businessmen, industry leaders and members of government have expressed enthusiasm after statements from President Barack Obama that the US would soon re-admit Burma to the Generalized System of Preferences. President Obama notified the US Congress on September 14 that it would reintroduce Myanmar to the preferential trade scheme ...

Twenty Lao companies will be selected as sub-contractors for construction work on the almost-US$6 billion railway that will link Vientiane to the Chinese border. But these companies must be sub-contracted by Chinese companies, who will supervise their work and provide technical assistance to ensure high quality ...

With much of ASEAN stuck in the economic doldrums and its senior members beset with issues ranging from unprecedented levels of corruption to violent insurgencies and maritime disputes with China, the regional bloc has known better days. But from the most unlikely corners of northern ASEAN, a more ...

The Highways Department proposed at a meeting on September 14 that two motorway projects. The meeting was held to prepare for today’s meeting of the Private Public Partnership Policy Committee. The committee is to consider the two projects. According to the Highways Department, the PPP Gross Cost model ...

The bankruptcy of Hanjin Shipping Global has surprised the world’s freight & forwarding market and caused alarm among Vietnamese goods owners. The international press has reported that the Hanjin Shipping Global, one of the world’s 10 largest shipping firms, has filed for bankruptcy in the South ...

China has agreed to double its rice import quota, Prime Minister Hun Sen announced at the opening of the first Chinese-Cambodia investment forum in Nanning, China on September 12, offering a much-needed boost to Cambodia’s beleaguered rice sector. The prime minister said China’s government had officially ...

This year’s prolonged drought and saltwater intrusion in the Mekong Delta has destroyed more than 81,000 hectares of prime shrimp breeding areas in eight provinces, says the Ministry of Agriculture and Rural Development. Shrimp farmers in Ca Mau Province in the very south of the country, ...