News
US supports UXO clearance in Xieng Khuang
The United States’ Department of State Office of Weapons Removal and Abatement has provided more than US$2.17 million for a project supporting rural development through unexploded ordnance clearance in Xieng Khuang province. The total funding of US$2,178,865 will be used for survey and clearance in the ...
Textilers hitch their wagon to US market
If one asks which local sector has distinguished itself in terms of export quality and quantity to the US market over the past two decades, the textile and garment industry is most likely the obvious answer.According to statistics from the US Office of Textile and ...
UNICEF pledges to improve child welfare in Laos
The United Nations Children’s Fund has committed to strongly supporting the Lao government’s efforts to improve the quality of education and healthcare as well as combat malnutrition problems in the country. Ms Hongwei Gao, UNICEF Lao PDR Representative stressed the importance of providing opportunities and a supportive ...
Why the Mekong River is Asia’s next big investment locale
Japan recently announced a three-year, $7 billion investment deal to improve the infrastructure of the lower Mekong River region. This deal is a move to offset China’s growing economic influence within the region. Furthermore, because of geopolitical reasons, it will be beneficial to Japanese investors ...
License freeze hits teacher graduates
The Teachers’ Council of Thailand (TCT) has decided not to issue educational administrator licences for about 2,500 master’s graduates of Bangkokthonburi University’s Educational Administration programme in 2014 after a probe found irregularities. Keep reading ...
Grow Asia targeting six local cash crops
Grow Asia, which formally launched a partnership with Cambodia late last year, will reconvene on June 13 in Phnom Penh to kick-off working groups between the public and private sector, including NGOs, after targeting six crops for market potential. The Grow Asia program is a multi-stakeholder ...
Phillip Bank launches collateral-free credit
Singapore-based Phillip Bank announced on 2 June that Cambodian borrowers that can prove a consistent monthly income will be able to access lines of credit without putting down collateral. The bank, which recently formed a lending partnership with New Union (Cambodia), a branch of a Singaporean credit ...
Almost 100 Champassak companies fail to pay taxes
Champassak provincial authorities have discovered that 94 companies have not paid their taxes for several months after registering their businesses. An official at the provincial Commerce and Industry Department, who asked not to be named, said that the department has set a 30-day deadline for these companies ...
Govt, ADB consult on new country partnership strategy
The Lao government and the Asian Development Bank have jointly discussed preparations for the new ADB Country Partnership Strategy 2017-2021, to align ADB’s support with Lao development priorities in its next five year plan. The consultation meeting was held in Vientiane on 2 June and was jointly ...
PM raises doubts on ASEAN economic community
Prime Minister Hun Sen questioned on 1 June the extent of the ASEAN Economic Community’s commitment towards forming an inclusive economic region as countries continue to compete with each other for agricultural exports and inflows of foreign direct investment. Cambodia, which was the last member to join ...
