Investment

With the Internal Revenue Service, the tax-collection arm of the United States government, stepping up its global sweep to catch American individuals and corporations hiding their overseas earnings, the American Chamber of Commerce in Cambodia on October 26 held a presentation for investors and financial institutions ...

It has now been five years since the Myitsone Dam project in Northern Myanmar was suspended, but a local ethnic Kachin man, Mung Ra, is still not satisfied. He wishes that the project had been entirely terminated. He frequently laments the loss of his farm and ...

China has suspended dams upstream of the Salween but the Myanmar government is pushing ahead with Chinese backed dams downstream, despite environmental costs and cheaper alternatives. From the snow-capped mountains of Tibet, the Salween rushes through steep gorges in Yunnan Province and flows through four of ...

The Greater Mekong Sub-region has the potential to become a major global production center due to its favorable geographical location and its proximity to economic powerhouses in both Southeast and South Asia,  Prime Minister Hun Sen said on October 25. Speaking in Hanoi at the opening ...

Vietnamese pharmaceutical companies are optimistic about the business prospects of the sector, as well as its potential in 2016-17. This information was released in a survey alongside the top 10 most prestigious pharmaceutical companies in the country by the Ministry of Information and Communications and Việt ...

Myanmar President Htin Kyaw and his wife Su Su Lwin arrived in Hà Nội on October 25 for a visit to Việt Nam at the invitation of President Trần Đại Quang. The three-day visit starting on October 26 aims to seek stronger co-operation between the two countries, especially ...

Telcotech, a subsidiary of local internet provider Ezecom, announced on October 25 that it is nearing completion of Cambodia’s first submarine fibre-optic cable, which it expects to be operational by early next year. The Malaysia-Cambodia-Thailand submarine cable system will connect the three countries directly and link in ...

National Assembly members have called for the government to do more to seek new revenue sources and fully collect revenue following last fiscal year’s revenue shortfall despite there being numerous income generating sources. Members of parliament put forward the requirement when debating the government’s proposal to ...

With competitive labor cost, the country only comes after Singapore in terms of attractiveness. In the Southeast Asia region, Singapore tops the list of most favorable expansion destinations for Asian companies, with 32 percent of respondents saying they will invest more, followed by Vietnam, according ...

The government will not lift the public debt ceiling but will tighten its financial discipline to develop enterprises and further attract social investment to create the resources needed for reform and socioeconomic development. Lifting the ceiling would affect the country’s loan repayment capacity, Deputy Prime Minister ...