Investment
Investment policy and regulation
Chinese firm floats proposal for rail link to capital’s port
A representative of China Railway 16th Bureau Group met with Transportation Minister Sun Chanthol on 26 June to discuss a $250 million project proposal that would link the container terminal of Phnom Penh Autonomous Port to the Southern Line, a 266-kilometre rail line that stretches from ...
Incentives may come for solar power investments
The Vietnamese Government plans to develop solar power and discuss incentives to encourage solar energy projects in the country. Government to outline incentive options for PM’s consideration as interest in solar power investments continues to rise. Increasing numbers of investors are expressing an interest in solar power ...
Foreigners buy houses in Vietnam as green light turns on
Though some problems still exist in the legal framework, more and more foreigners are registering to buy houses in Vietnam. A local newspaper reported that a Japanese footballer playing Series A football league in Italy has bought luxury houses in district 2, HCM City, through a ...
DCA preps new air transport policies
Myanmar will sign air service agreements with the Netherlands and Mongolia this year, and is drawing up new policies that include tackling the profusion of domestic airlines, the Department of Civil Aviation’s director for transport has said. Myanmar boasts 11 airlines and a 12th – a ...
3.5km high-speed train construction to please leaders
A Thai-Chinese high-speed train scheme has entered a strange phase where officials of the two countries agreed on 16 June to kick-start the construction of a short section, although they have not settled on the overall project. “We will build the short section in line with the ...
PM urges Hanoi to remove barriers for stronger development
Hanoi should take strong measures to remove barriers which inhibit the city from developing and integrating, stressed Prime Minister Nguyen Xuan Phuc. Talking to the press, the government leader highlighted huge potential, advantages and opportunities for Hanoi to turn it into a green modern city with ...
Giant projects to kick off in Thu Thiem
Since Thu Thiem development scheme was released, investors have flocked to this region. Many billion USD estate projects have been proposed. In mid-May 2016, a group of American companies proposed a $4 billion project in Thu Thiem in Ho Chi Minh City. The investors consist of ...
Giant coal plant taking shape in Sihanoukville
Nearly half of a massive 700-megawatt coal-fired power plant with the $383 million joint venture project that will fuel the country’s biggest industrial park and feed the national grid is set to be completed by the end of the year, according to officials at the Ministry ...
Slow pace of China’s transition adds to Asian export woes
China’s economic rebalancing is likely to take longer than previously expected, leaving Asian exports. Speaking on 14 June at a KBank seminar for customers on the outlook for the economy, interest rates and foreign-exchange rates, Pareena Phuangsiri, senior specialist at the division, said that while Beijing’s attempt ...
JOGMEC to explore for gold in Ratanakkiri
Canadian mining firm Angkor Gold has entered into a joint exploration agreement with Japan Oil, Gas and Metals National Corp to explore Angkor’s Oyadao South licence in Ratanakkiri province, the company said in a press release on 14 June.Keep reading ...