Domestic investors

Southeast Asia’s youthful population is embracing the internet and rapidly connecting to the digital economy, creating enormous potential for economic growth throughout the region, panellists at the World Economic Forum on ASEAN said on May 10. Addressing a panel discussion on “The ASEAN Dream”, Kao ...

Cambodia sits at a crossroads in the ASEAN region, potentially making it a key part of regional economic development and trade flows, though improved infrastructure and more innovative financing approaches are still needed, infrastructure experts meeting in Phnom Penh said on May 10. Speaking at ...

The bank for Agriculture and Agricultural Cooperatives is stepping up its push to become more customer-focused under initiatives aimed at boosting farmers’ incomes.​ The bank also plans to upgrade 900 of what it calls community financial institutions by teaming up with grass-roots financial organisations. The moves ...

The board of investment is conservatively forecasting that the total value of actual investments under its tax-incentive support will reach at least Bt1 trillion during the three years to 2019, but secretary-general Hirunya Suchinai said on May 9 that the board was confident of hitting Bt1.5 ...

PTT Exploration and Production, Thailand’s state-owned oil and gas company, said on Tuesday that it will halt all new investments in Indonesia until a dispute with the government there over an oil spill in 2009 is settled. “As of today, PTTEP made the decision to suspend ...

Prime Minister Thongloun Sisoulith and his delegation are officially visiting Malaysia from May 9-10 at the invitation of Prime Minister Dato’ Sri NajibTun Abdul Razak. This is Mr Thongloun’s first visit to Malaysia since taking the top government post a year ago. His visit aims ...

Kerry Worldbridge Logistics’ special economic zone began operating yesterday, with promises of boosting the high-end technology industry. The zone, a joint venture between Hong Kong-listed Kerry Logistic Network Ltd and Worldbridge International, said the SEZ will be a hub for foreign manufacturing firms. Sear Rithy, president ...

Sihanoukville Autonomous Port, the state enterprise that operates Cambodia’s principal seaport, announced a share price of 5,040 riel ($1.26) on May 9 for its upcoming initial public offering following a bookbuilding exercise that garnered a strong response from institutional investors. SAP priced its shares at the ...

Cambodian agriculture has huge untapped potential for South Korean investors, according to the secretary-general of the ASEAN-Korean Centre. Kim Young-sun led nine leading Korean companies specialising in agriculture at a seminar organised jointly with the Council for the Development of Cambodia. On Monday, the group ...

Thailand cement company, Siam Cement Group wants to continue using coal for its cement factory in Kyaikmaraw township, Mon State and has given its assurance that the coal plant will use clean coal technology so as not to affect the environment. Mawlamyine Cement Limited managing ...