News
Outbound travel up by 20% in 2016
Cambodians spent about $600 million abroad last year, state media reported on February 27, while official figures showed a 20 percent annual increase in outbound tourism. Tourism Minister Thong Khon estimated that Cambodians travelling abroad spent $600 million in 2016, state news agency AKP said, ...
Toshiba to build power plant
The Cambodian government has awarded Japanese-owned Toshiba Plant Systems & Services Corporation the concession to construct a coal-fired power generation project in Preah Sihanouk province. Prime Minister Hun Sen, who signed the agreement on February 17, said the new power plant would address the energy deficiency ...
Tax exemption on interest income questioned
The Ministry of Planning and Finance has issued a statement on February 19 that income tax will not be levied on interest from bank savings and deposits. The statement means that tax on interest from bank deposits will be exempted in the coming 2017-18 fiscal ...
SMEs in crisis due to failure to get bank loans
Small and middle-sized enterprises are facing a crisis due to difficulties in sourcing financing from banks, said the founder of City Mart Group of Companies, Daw Win Win Tint, “Not getting a bank loan means a catastrophe for the SMEs,” she said after SMEs Authoritative ...
Law needed to regulate Thai investors’ abuses abroad: Thai, Myanmar groups
Community groups in Thailand and Myanmar have urged protection of human rights and prevention of environmental impacts – after Thai entrepreneurs were reported to have carried out abusive and environmentally damaging acts in neighbouring countries. Some 27 Thai non-government groups and the Dawei Development Association, a ...
Phuan festival bolsters Lao-Thai friendship
The annual Phuan ethnic community festival in Thailand has significantly contributed to maintaining and strengthening the friendship between Laos and Thailand along with conserving the traditions of the ethnic group. Lao Ambassador to Thailand Mr Li Bounkham made the remarks as he joined Nan province ...
City eyes autonomy route to improve hospitals
By 2020 HCM City’s public hospitals will no longer be overloaded and people will have access to high-quality healthcare, city officials promise. The entire healthcare sector will become a high-quality service industry by then, contributing significantly to the city’s socio-economic growth, Nguyễn Tấn Bỉnh, director ...
Đà Nẵng to up use of organic fertiliser
The central city of Đà Nẵng plans to increase the use of liquid fertiliser made from organic waste in its farms and public gardens, a local official said. Speaking at a review of a three-year (2015-2017) project on recycling organic waste last week, Nguyễn Phú ...
Child abuse at preschools blamed on poor management
The Hanoi Education and Training Department has announced that it will take unexpected inspection tours to privately run nursery schools in Hanoi amid complaints about the low quality of schools. On February 5, a video clip showing a teacher at Sen Vang Kindergarten in Hanoi repeatedly ...
APEC officials discuss possible free trade area for Asia-Pacific
Senior officials of APEC economies as well as experts and scholars have discussed the possibility of establishing a free trade area of the Asia-Pacific along with its potential impacts and difficulties facing the process. The workshop on realising FTAAP was held in Nha Trang, the south ...
