News
7-Eleven to invade Vietnam
Japanese retail giant Seven & i Holdings Co said it has decided to open 7-Eleven convenience stores in Vietnam, where convenience store users are expected to increase with economic growth. Keep reading ...
All 23 people aboard crashed Lao helicopter confirmed dead
All 23 people on a Lao military helicopter that crashed earlier this week while traveling to northern Laos have been confirmed dead, military officials and state media said 30 July, though the cause of the accident remains unknown. Air traffic control in Vientiane lost contact with the ...
Thailand wants to buy submarines from China, US wary of growing relationship between military junta and Beijing
The Royal Thai Navy claims it urgently needs more submarines to compete with other Asian countries. The assistant commander made the claim aimed at persuading a skeptical public that the nation should invest in its military in a white paper sent to reporters, the Bangkok Post ...
Megaprojects biggest risk seen
Fund managers estimate the Stock Exchange of Thailand index will hover between 1,350 and 1,559 points this year, with public investment in infrastructure projects the biggest risk factor. The big question is whether the government will be able to invest in infrastructure projects as planned, said ...
Post-coup Thailand sees economic slump putting pressure on junta
Thailand’s government is under increasing pressure to overhaul the cabinet and bolster the economy as falling exports, eroding consumer confidence and a slump in manufacturing portend one of the region’s slowest expansions. The finance ministry has cut its forecasts for exports and gross domestic product growth ...
Authorities charge Chinese man with illegally transporting Cambodians
Cambodian human trafficking authorities have charged a Chinese national with attempting to illegally transport 18 men to work in China in what one government official said was the first such case of trafficking Cambodian men to the country. Anti-human trafficking police, who are part of the ...
Cambodia nearing lower-middle income
Cambodia is expected to reach a GDP per capita of $1,220 this year, putting it on course to being a lower-middle income economy, said Commerce Minister Sun Chanthol. Based on a Ministry of Economy and Finance projection, the figure will be a jump from the 2014 ...
Anti-dredging activists refuse to meet with government
Activists have continued their campaign to drive out sand dredging companies from Koh Kong province’s Botum Sakor district, refusing a meeting with local authorities and instead holding a 100-strong protest outside the district hall. Keep reading ...
Economic land concessions tied to destruction of forests in new report
Cambodia’s most crucial forests are disappearing at a rate of more than 2,000 kilometres a year, as agricultural firms continue to harvest timber by illegal means in protected areas and national parks, according to a study from Washington-based Forest Trends. The report uses satellite imagery to ...
Bridges washed out in upper Myanmar
Heavy rains have broken 21 bridges over rivers and creeks in upper Myanmar, the Ministry of Construction told a press conference yesterday. Keep reading ...
