News
Replanting scheme touted
A government announcement that it will promote the replanting of trees in areas reclaimed from unused economic land concessions has drawn a broadly positive response. But Buntenh, a monk and environmental activist, on August 22 said that while the idea was good, it was not clear ...
Southeast Asian countries’ growth to accelerate commodities rebound
China may be slowing, but a commodities rebound is under way and the world’s biggest miner knows where the next growth story is building — emerging economies in Southeast Asia.Combined gross domestic product in the ASEAN-5 nations — Indonesia, Thailand, Malaysia, the Philippines and Vietnam ...
Transparent sources, electronic collection keys to revenue collection
The government has stressed the need to clearly define revenue sources and to expand electronic collection methods to assist the budget. The moves aim to ensure all revenue from available sources can be collected for the national budget, minimising problems related to financial leaks. Prime Minister Thongloun ...
Mekong dwellers get flood alert
People living along the Mekong River have been alerted to rising water levels as authorities monitor the situation and stay prepared for emergencies around the clock. The Mekong levels in the northeastern province of Nong Khai rose quickly on August 21, by 7 cm per ...
China promises to shore up border as foreign minister’s trip ends
Foreign Minister Daw Aung San Suu Kyi has ended her five-day trip to China, returning to Yangon on August 21st. The visit, which came after an invitation from China’s Premier Li Keqiang, was Daw Aung San Suu Kyi’s first major overseas trip since the National League ...
Korea-Myanmar venture to build 500-acre garment zone
Myanmar-based Olympus Asia Group and Korea’s Panko Corporation signed a memorandum of understanding on August 20 and are looking for land in Yangon, Bago or Ayeywarwady regions. Under the CMP model, a foreign buyer with financial backing and technical expertise will contract a garment factory, usually ...
Shrimp grown in tanks make a splash, coming to a market near you
Americans love shrimp. We import about $5 billion worth of it from all over the globe, including from India, Thailand and Indonesia. But over the past year, we’ve learned more about the downsides of global shrimp production. The Associated Press uncovered slave labor in Southeast Asia, ...
Digital economy a big issue for VN: expert
Building a digital economy will be very important for Vietnam to keep pace with rapid technology developments across the globe, a senior Australian scientist has said.“We are not going to create prosperity purely on hard work. It will be smart work, which is connected to ...
Myanmar green energy sector faces hurdles
Myanmar’s goal of achieving a 100 per cent electrification rate by 2030, with 20 per cent of energy from renewable sources, is achievable but several hurdles need to be tackled first, energy experts have said. At the Myanmar Green Energy Summit 2016 last week, panellists agreed ...
Chinese dams a threat to Lower Mekong River
One of the main issues facing nations in the Mekong River Commission, including Vietnam, Thailand, Cambodia and Laos, is that China has refused to share information about the operations of its hydropower dams. As a result, the MRC countries are cautious about using their limited ...
