Investment

Indonesian Foreign Minister Retno L.P. Marsudi said the Association of Southeast Asian Nations still has much to accomplish in the future as the regional bloc celebrated its 49th anniversary on August 15. Speaking during the celebration at the offices of the ASEAN Secretariat in Jakarta, Retno said she believes ...

President Htin Kyaw on Friday formed a new commission to evaluate all proposed hydropower projects on the Irrawaddy River prior to their going ahead. The commission is tasked with assessing the potential environmental and social effects of any proposed project—both up- and downstream—its possible impact on ...

Singapore-listed oil and gas firm KrisEnergy Ltd is moving closer to finalising its deal with the Cambodian government that will pave the way for extraction from the Block A offshore oil field once negotiations over a technical strategy and fiscal regime have been finalised. Tanya Pang, ...

Malaysia’s Southeast Asia-focused oil and gas group Mitra Energy has reached a sales and purchase agreement with Japan’s Teikoku Oil to acquire a 30 per cent interest in Vietnam’s oilfields in the Nam Con Son basin. Meanwhile, Songkla Canning, a wholly-owned subsidiary of Thai Union ...

In central Ho Chi Minh City, financial hub of the fast-growing Vietnamese economy, 20-somethings with designer hairdos jump out of polished black sedans to pack the coffeehouses on every block and fill restaurants serving sushi and chicken in passion fruit sauce. It’s odd then that ...

Singaporean firms are taking an increasingly close look at the Cambodian market, both as a low-cost offshore production base and as a destination for their goods and services. Ho Meng Kit, CEO of the Singapore Business Federation, which represents 22,500 Singaporean companies, said as Cambodia ...

Cambodia and Malaysia took strides on August 9 to enhance bilateral trade and investment, holding a business forum in Phnom Penh and inking a cooperation agreement aimed cementing existing ties – and forging new ones. Malaysia is one of the top investors in Cambodia, and a cornerstone ...

The Government has issued Decree No. 86/2016/NĐ-CP dated July 1, 2016 governing requirements applicable to securities investment and business activities in Việt Nam. The decree applies to securities companies, fund management companies, securities investment companies, foreign securities business organisations, and relevant organisations and individuals in ...

The project is called Xelanong 2 and is foreseen to generate 35 megawatts of power, or 140,700 megawatts of electricity annually. The Chinese company is the one which built the giant Gezhouba Dam in the Yangtze River which produces 2,715 megawatts of power. Lin Boqiang, director of the ...

Thai products enjoy competitive advantages and high opportunities in CLMV markets owing to consumer trust in good image and high quality. The rapidly growing consumer markets of Cambodia, Laos, Myanmar and Vietnam – or CLMV – are becoming important places for exporters to pilot products ...