News
Kingdom preps for China trade center
Cambodia plans to open a trade center in China this year and the Commerce Ministry is hoping the initiative broadens economic relations and cultural exchange. Soeng Sophary, spokeswoman for the Commerce Ministry, told Khmer Times that a group of delegates from the ministry are currently in ...
Cambodia’s rice exports fall sharply
Cambodia’s milled rice exports only grew by a dismal 0.7 percent last year compared with 2015 and this was the lowest since 2014, according to government figures released on January 5. “Last year Cambodia only exported 542,144 tons of milled rice and the lowest exports ...
Even as more new species are found, Southeast Asia is in the grip of a biodiversity crisis
Rich in wildlife, Southeast Asia includes at least six of the world’s 25 “biodiversity hotspots”—the areas of the world that contain an exceptional concentration of species in habitats that are also exceptionally endangered. The region contains 20 percent of the planet’s vertebrate and plant species and the ...
Government holds off on paddy purchases
The Ministry of Commerce is suspending plans for a paddy purchase program due to a recovery in market prices, according to ministry spokesperson U Khin Maung Lwin. U Khin Maung Lwin told The Myanmar Times in the first week of December that the ministry had approval ...
Coal piles up as VN firms prefer imports
According to statistics from the General Customs Department, as of December 15 Viet Nam had imported a total 13 million tonnes of coal worth US$860 million during the year, more than four times the targeted 3 million tonnes. Why did coal purchases increase so sharply? ...
Agriculture sector expects further investments with slashed policies
Local and foreign investors are welcoming the government’s landmark move to eliminate agricultural policy-related obstacles in a bid to attract more investment in the agricultural sector. Hong Sun, secretary general of the Korean Chamber of Business in Vietnam, told VIR that the Korean business community in ...
Can tourism recover?
Despite a fall in Chinese arrivals after the zero-dollar tour crackdown, Thai tourism authorities are convinced that the market will return. The tourism boom is expected to continue in 2017 and remain a major growth driver for the economy even as the industry sees falling ...
Prayut rejects elections campaigns in current environment, leaving door open to delay
While not ruling out a postponement of the general election until next year, after a member of the National Legislative Assembly raised doubts about the issue, Prime Minister General Prayut Chan-o-cha said on January 4 the current atmosphere was not suitable for election campaigns. “As you ...
Vocational scholarship on offer to good students
Vientiane Professional Development College will provide 160 scholarships to students who lack opportunities to study in Laos. Head of Office at Vientiane Professional Development College, Ms Manolack Pathammavong told Vientiane Times on January 4 that this year the college plans to provide scholarships in three phases ...
Economists, private sector optimistic about strong Lao economy in 2017
Economists and the private sector are confident that the Lao economy has a good chance of achieving the expectations set for 2017 despite global uncertainties, but urge more effective management of the macroeconomy, the price of goods, and improvement of the investment and business climate. ...
