News
HomePro mulls investment in Cambodia
HomePro, a leading home improvement retailer in Thailand, is mulling expansion to neighboring countries – including Cambodia next year – with an investment budget of between $170 million and nearly $200 million. Rakpong Aroonwatdhana, HomePro’s head of investor relations, is quoted by the Bangkok Post ...
MGMA disputes Guardian accusations of labour abuse
The Myanmar Garment Manufacturers Association has hit back at international news outlets over alleged child labour and labour abuse issues. Members of the MGMA have accused those news reports as “unacceptable” and “not accurate” at a press conference held on 6 March in Yangon. “Their ...
Vietnam’s Mobile World Group enters Cambodia
Mobile World Group will launch its first store called BigPhone.com in Cambodia in the first quarter of this year, according to Viet Nam News. The store is under construction, general director of MWG Tran Kinh Doanch was quoted as telling the English daily. “Once operation, the ...
Mandalay development policy draft completed
The first draft of a policy to develop specific industries in the Mandalay Region has been completed and will soon be presented to the Hluttaw once the policy is finalised. Work on drafting the policy began three months ago, and focuses on the sectors of agriculture, ...
License for Cambodia investment tax service
Cambodia Investment Tax Service has become the 44th tax agent to get a license from the General Department of Taxation since the government made an effort to modernize and make more efficient tax collection by using private companies. Anthony Galliano, company group CEO, said licensing and ...
Palm oil prices set to drop
A rebound in Southeast Asia’s palm oil production this year is forecast to drag down prices of the tropical product in the second half, with additional pressure coming from an expected slowdown in demand from top importers India and China. Tight supplies following a drought in ...
Phou Kout Mountain to be major Xieng Khuang tourism attraction
Authorities in Xieng Khuang province are developing the historical site at Phou Kout Mountain as a tourist attraction in the province aside from the well-known Plain of Jars. An official from the province’s Department of Information, Culture and Tourism revealed the project to Vientiane Times ...
Vietnam, Laos discuss decentralisation
Vietnamese and Lao legislators shared experience in management decentralisation from central to grassroots levels during a workshop held in Hanoi on Tuesday. Lao National Assembly President Pany Yathoutou and Vietnam National Assembly Vice Chairwoman Tòng Thi Phóng co-chaired the event, which demonstrated the role and ...
Foreign investors still seek solutions after business suspensions
The owners of two manufacturing plants in a Vientiane industrial park that were ordered to temporarily suspend their operations amid fears over environmental impacts are still waiting for a final answer on their case from the government. Two foreign-owned manufacturing plants in Vientiane Industry and ...
Authorities hopeful of rebounding rubber price this year
Luang Namtha provincial authorities are hoping an increase in the world price of rubber will boost exports to China and local farmers’ incomes. The end of rubber tapping season October-November last year saw the price reach 8,000-9,000 kip a kg for raw rubber and this ...
