News
Local airlines to face headwinds
Cambodian airlines trying to grow and capture a slice of the more promising Chinese market will face stern competition from more-established international carriers, while new startups could struggle to gain a foothold in the Kingdom’s relatively small market, according to new research by the Centre ...
Myanmar urges closer ties with military
Myanmar’s army chiefs want to increase cooperation with Cambodia in a bid to build closer bilateral ties, according to a senior military official. General Ith Sarath, the deputy commander of the Royal Cambodia Armed Forces, made the comments yesterday after a meeting between Defense Minister ...
Malaysia reports 'highly pathogenic' bird flu
Malaysia has reported an outbreak of a highly contagious H5N1 bird flu virus in the eastern part of the country, the World Organisation for Animal Health said on March 8, citing a report from the Malaysian agriculture ministry. The strain was confirmed among chickens at ...
Songkhla wants visa rules eased
The Songkhla tourism industry has cried foul over the government’s new entry regime that restricts land arrivals from two key source markets, Singapore and Indonesia. The Tourism Council of Songkhla has expressed concerns over the possible drop in arrivals from the two countries, especially during ...
New transfer pricing decree: a step closer to international standards
On February 24, 2017, the Vietnamese government released the new transfer pricing Decree No. 20/2017/ND-CP ‘Providing tax administration applicable to enterprises having controlled transactions’ (Decree 20), which will take effect from May 1, 2017. Decree 20 replaces the existing TP regulations (Circular No.66/2010/TT-BTC) and provides new ...
A look inside Xayaburi dam
The Xayaburi dam, with installed capacity of 1,260 MW, is the first one among 12 mainstream dams on the Mekong river. Located approximately 30 kilometers east of Xayaburi district, in northern Laos, this $3.2 billion dam is a controversial case: while Laos and dam-developers are ...
Airbus weighs up Thai investment
AIRBUS Group is considering investing in an aircraft maintenance centre in Thailand in a move seen as a vote of confidence in the country’s aviation industry and government plans to boost the industrial technology base. The European plane maker signed a memorandum of understanding to ...
ASEAN bats for migrant workers’ protection, civil service professionalization
Ministers of the Association of Southeast Asian Nations are pushing for the adoption of policies and measures to protect migrant workers, and the professionalization of the civil service among member countries. The 17th ASEAN Socio-Cultural Community Council meeting held at the Iloilo Convention Center here ...
LNG fills energy supply gap
Despite the eventual decline of three offshore gas projects, attempts are being made to supply 480 million cubic feet per day in summer, according to managing director of Myanma Oil and Gas Enterprise U Myo Myint Oo on March 3. “A plan has been arranged to ...
Oil imports lift US trade deficit
The US trade deficit jumped to a near five-year high in January as rising oil prices helped to push up the import bill, pointing to slower economic growth in the first quarter and posing a challenge for the Trump administration. President Donald Trump took office ...
