Industries

After weeks of occasionally tumultuous negotiations saw 2016’s minimum wage for garment workers raised to $140 earlier this month, Prime Minister Hun Sen warned on 19 October that the new rate could cause factories to flee Cambodia, even though he was credited with personally intervening to ...

Savan Vegas Hotel and Entertainment Complex, a casino hotel in Laos, is being offered for sale via a competitive bid process, according to a press release dated 19 October. Keep reading ...

Property developers are busy introducing special marketing campaigns to cash in on the Thai government’s property stimulus measures that kicked off on 19 October. Among them are Sansiri Plc, which introduced on-top discounts for 62 residential projects nationwide that have remaining units available for sale priced from ...

Thailand’s ONYX Hospitality Group has signed an agreement with Vietnam’s HB Group to manage a US$1.5-billion resort that is being built in Hoi An, local authorities announced on 18 October. Keep reading ...

Cambodian tourism authorities are formulating strategies to carve a larger share out of the Chinese outbound tourism market and have set a target of drawing over 700,000 Chinese visitors this year, and up to 2 million a year by 2020. Rising incomes have transformed China into ...

Garment workers unions unhappy with next year’s recently announced $140 minimum wage for the sector will meet this week to determine whether or not to hold demonstrations to protest the disappointingly low figure. The unions were pushing for $160 a month when the government announced the ...

Subsidence affecting nine townhouses at a housing estate in Pathum Thani could have resulted from pile foundations breaking underground due to soft soil, according to an initial investigation by the Engineering Institute of Thailand on 14 October.  Keep reading ...

The Thai cabinet approved three tax packages on 13 October aiming at reviving the flagging property sector, stimulating start-ups and rebuilding investor confidence. Finance Minister Apisak Tantivorawong said the property stimulus covered both financial and fiscal measures such as cuts in the housing transfer and mortgage fees for homes priced ...

Expansion of Vientiane’s Wattay International Airport will begin this year to meet growing passenger demand and accommodate VIP aircraft and delegations during the ASEAN Summit in November 2016. In 2011, the total number of passengers passing through the airport was 520,000 people but by 2014 this had ...

The Labour Ministry considers the wage dispute at the Han Jen garment factory done and dusted, but workers yesterday told The Myanmar Times their woes are far from solved. “[The labour director] said the Han Jen worker’s dispute is finished and was resolved okay. Actually, we haven’t ...