News

Vietnam moved rocket launchers into disputed territory in the South China Sea, reports recently suggested, meaning it could potentially attack land that China has controversially reclaimed. This all comes at a time of heightened tension over territorial wrangling in the region. A Pentagon report released in ...

Laos and Japan have agreed on a joint development direction for Laos with the two countries joining forces to remove the landlocked nation from Least Developed Country status. The agreement came at a high-level bilateral meeting held in Vientiane on September 6 led by the heads of ...

Thai-listed firm Group Lease has brought a majority stake in BG Microfinance Myanmar, with plans to invest almost US$7 million into the business and ramp up the number of branches. Korean credit card firm Shinhan Card, meanwhile, is preparing to start its own microfinance services ...

B Grimm Power will postpone to next year its plan to list on the stock market because of a change in accounting standards, said company president Preeyanart Soontornwata. She said the new standards affected B Grimm Power’s plan for an initial public offering as it ...

Leaders meeting at the 28th ASEAN Summit in Vientiane on September 6 adopted the Master Plan on ASEAN Connectivity 2025. Lao Minister of Foreign Affairs Mr Saleumxay Kommasith, who is Chair of the ASEAN Coordinating Council that oversees connectivity matters for the regional body, said the Master ...

People have harnessed energy from moving water for thousands of years. Greeks used various types of water wheels to grind grain in mills more than 2,000 years ago. In the late 1800s, people figured out how to harness the power to produce electricity. Throughout the ...

BCPG Pcl, the solar power unit of Thai oil refiner Bangchak Petroleum Pcl, could raise up to $170 million from an initial public offering this month, the company said on September 6. BCPG is planning to sell 590 million shares, or a 29.6 percent stake, ...

Myanmar’s beverage manufacturer, Loi Hein – in a joint venture with Japan’s Toyo Seikan Co Ltd – has set up steel cans production unit in the country. Meanwhile, the concession agreement for the Hanthawaddy International Airport project is expected to be signed in December 2016. Loi Hein ...

The greatest obstacle to increased contraception use in Cambodia isn’t the price of birth control or the social stigma around using it, a new study has found, it is fear of side effects. What’s more, this fear may arise from the many disparate medical systems operating ...

Bank of China, one of the five biggest state-owned commercial banks in China, will expand its operations in Cambodia by opening new branches in Siem Reap and Sihanoukville, a local bank executive said on September 6. Chen Chang Jiang, CEO of Bank of China Phnom Penh ...