Economy and commerce
Investment
ASEAN leaders push to realise community’s vision
The 30th ASEAN Summit kicked off on Saturday in Manila, the Philippines, with leaders of the 10-member regional bloc pushing forward the realisation of the ASEAN Community’s Vision 2025. Prime Minister Thongloun Sisoulith led a high-level delegation from Laos at the summit, which took the ...
PM meets with Vietnamese investors in Laos
Prime Minister Nguyễn Xuân Phúc met in Vientiane on April 27 with Vietnamese investors to hear about their difficulties in a bid to help create favourable conditions for Vietnamese investments in Laos. Phúc praised the efforts and results achieved by Vietnamese firms doing businesses in Laos, ...
Infrastructure attracts investment to north Việt Nam
The newly established five modal (rail/road/air/river/sea) infrastructure network has brought a great deal of investment to the Red River Delta, especially Hải Phòng, delegates told a seminar held in HCM City on Wednesday. Hans Kerstens, international business development manager at Deep C Industrial Zones, said ...
Top legislator talks to voters in Cần Thơ
Chairwoman of the National Assembly Nguyễn Thị Kim Ngân met with voters in Cái Răng District of the southern city of Cần Thơ on April 27 to listen to their opinions ahead of the third plenary session of the 14th legislature. Voters from Hùng Thanh Ward ...
Ministry suspends licensing of gas stations, oil warehouses
The Ministry of Industry and Commerce has announced it will temporarily suspend the registration and licensing of currently unregistered gas stations and oil warehouses. New investment proposals on the businesses are also suspended. The move came as the Ministry is taking action to regulate the ...
Boeung Kak lake dispute ‘closed’
Phnom Penh City Hall on April 27 washed its hands of the decade long contentious Boeung Kak lake issue, saying it was closing its conflict resolution process, leaving seven families who had refused to accept the government’s offers in the lurch. Following the signing of a ...
Pig farmers form taskforce to curb illicit smuggling
Cambodia’s pig farmers created a new taskforce on April 27 to combat pig smuggling along Cambodia’s borders that is leading to falling prices for domestic producers. Mong Rethhy, co-chair of the Cambodian Chamber of Commerce’s working group on the agricultural industry, gathered the Kingdom’s major pig ...
Indigenous communities resisting dams in Indonesia claim they face repression, rights abuses
In October 2014, when developers entered Seko and Central Seko to begin preliminary work on a 480-megawatt hydroelectric dam, the communities living there say no one asked their permission. The area, in the Seko Subdistrict of North Luwu, in the southern part of Indonesia’s Sulawesi ...
Padaeng agrees dividend, focuses on new areas
Padaeng Industry’s annual general shareholders’ meeting on Tuesday passed a resolution to pay dividends of Bt1 per share, for a total of Bt226 million, managing director Francis Vanbellen said. PDI will pay those whose names appear on the shareholders list by May 3 in accordance ...
Innovative products in focus as SCG mulls new investments in EEC
Siam Cement Group is studying expanding in the Eastern Economic Corridor through three core businesses – petrochemicals, packaging, and building materials – with the focus on innovative products. “We are looking at the incentives and the infrastructure around the project before making a decision on ...
