News
Vietnam, Laos to bolster special ties
Laos and Vietnam should continue to step up public awareness campaigns to strengthen the special solidarity and traditional friendship between the Parties and peoples of both nations, a senior Lao Party official said in a meeting with Vietnamese Party General Secretary Nguyen Phu Trong in ...
State-owned telecom slashes landline fees as users go mobile
Burma’s state-owned Myanmar Posts and Telecommunications (MPT) on 15 July halved the price of landline phone installation after years of wringing the country’s monopolized communications market. The fixed phone rate has been pinned at a staggering 650,000 kyat (US$565) rate for more than a decade. Twenty years ...
Lao governor reassigned amid concession criticism
The government of Laos has ordered the governor of Luang Prabang province to helm a central ministry as part of a reshuffle sources say is meant to shield him from criticism over a controversial land concession he recently granted to Chinese investors. Khampheng Saysompheng has been ...
ILO Cambodia launching new garment newsletter
The International Labour Organization (ILO) on Thursday will launch a news bulletin focusing on Cambodia’s garment and shoe sector, aimed at providing data for Cambodian policymakers during annual minimum wage talks. ILO officials intend on releasing the newsletter four times per year, an ILO chief technical ...
Cambodia sees 7 pct rise in new business registration in 1st half of 2015
Cambodia granted operating licenses to 2,165 new companies in the first six months of 2015, up 7 percent from last year, according to a commerce ministry’s report. Keep reading ...
Hun Sen asks Western leaders to help resolve Cambodia’s border disputes
Cambodian Prime Minister Hun Sen sent letters to the leaders of the three western countries on 15 July asking to borrow a decades-old map to try to settle disputes over alleged territorial encroachment by Vietnam. The Cambodian leader sent letters to U.S. President Barack Obama, French President ...
Minister urges move toward sustainable seafood sector
Vietnam’s Agriculture Minister Cao Duc Phat said yesterday that localities nationwide need to step up efforts to ensure sustainable aquaculture, especially of key products like shrimp and tra fish. Addressing a conference held in the Cuu Long (Mekong) Delta province of Bac Lieu to review two ...
Fuel tax delayed after pump protest
Provincial administration organisations (PAOs) in Thailand’s three southern border provinces have agreed to delay imposing a new local tax on fuel sales, which led to a brief protest by local pump stations 13 July. Motorists in Pattani, Yala and Narathiwat were left high and dry after most ...
Germany considers renewables funding
Germany’s development bank is considering expanding its investments into Cambodia’s renewable energy and agriculture sectors, a visiting German parliamentarian told the president of Cambodia’s Senate last week. Thomas Gambke, chairman of the ASEAN Parliamentary Group in the German Parliament, met with Cambodian Senate President Say Chhum ...
Rules passed for derivatives
Cambodia has moved to formalise its ill-regulated derivatives sector by launching a key regulation earlier this month. On July 2, the Securities and Exchange Commission of Cambodia (SECC) approved the prakas on the “Licensing and Supervision of Derivative Trading”. The prakas regulates the sector by allowing individuals ...
