News

Thais earning more money is one of the key factors resulting in Bangkok being rated among the world’s worst cities for traffic, says Deputy Prime Minister Prawit Wongsuwon. He said people who are more wealthy can afford to buy more cars. Gen Prawit, who chairs ...

The Bank of Thailand is investing in big data and data analytics in an effort to deal with complicated transactions arising from consumers’ micro-financial activities in the digital age. In the digital age, technology has rapidly changed and it is affecting how businesses are run, posing ...

Commercial banks saw strong growth in housing loans last year despite a slowdown in the real estate sector, which could have a knock-on effect and threaten the growth of the country’s services.​ According to a Ministry of Economy and Finance report released late last month, ...

More than 100 landmines and unexploded ordnance were destroyed on February 21 by deminers in Pursat province’s Veal Veng district. District police officer Solie Mesa told Khmer Times on February 23 that a large variety of dangerous material had been found and destroyed. “All those found were remnants of ...

Singapore-listed KrisEnergy Ltd is considering selling or farming out a stake in its Cambodia Block A offshore oilfield to ease its debt burden, according to the company’s 2016 year-end report. The oil and gas company posted $237.1 million in net losses for the 2016 fiscal ...

Cambodians spent over $100 million on imported meat last year, further widening the gap of domestic supply as local producers failed to capture the lucrative protein market, a government official said on February 23. Lor Reaksmey, spokesman for the Ministry of Agriculture, said Cambodia’s heavy ...

Representatives from three relevant ministries met on February 23 in Vientiane to discuss roles and duties in preventing and addressing the impacts of disasters and emergency incidents, addressing poverty, price adjustment of goods and other issues. The meeting was hosted by Ministry of Finance, with participation ...

A number of hot topics ranging from the illegal drug trade, measures to drive economic growth, and infrastructure development were tabled for debate at the monthly cabinet meeting which began on February 23. Chaired by Prime Minister Thongloun Sisoulith, the ordinary meeting for February heard ...

A new draft Prime Ministerial Decision plans to make all government investment project costs and technical specification estimations subject to Ministry of Public Works oversight. According to the draft decision, only the relevant authority within the Ministry of Public Works and Transport will be able ...

New requirements for companies seeking to import petroleum to Laos are being reviewed or devised after the government made a decision last month to reduce the number of fuel companies from 22 to five. Those which fail to meet the new requirements will have to ...