News
Vietnam M&A deals rose to $5.2 billion in 2015: report
Mergers and acquisitions (M&A) in Vietnam grew by 9.7 percent last year to US$5.2 billion, mostly with small and medium-sized enterprises involved, according to a new market report. The number of deals was up 23.1 percent to 341, local market research company StoxPlus said in the ...
Electronic tolls seen implemented by ‘20
Vietnam’s transport ministry wants electronic toll collection systems (ETCs) installed at all toll booths nationwide from 2020, to end delays and cut costs, Deputy Minister Nguyen Hong Truong said. The ministry has asked investors to install the systems on National Highway 1 and 14 before 30 June. ...
Vietnam's Deputy PM outlines drought prevention plans for the parched south-central region
Deputy Prime Minister Nguyen Xuan Phuc directed the south-central region and Central Highlands to take measures to prevent droughts at a meeting with local authorities in Ninh Thuan province on 22 February. He urged the localities to examine water reservoirs and build plans for water usage, ...
Agro sector on a growth path
The tonnage of Cambodia’s agricultural exports increased by over 20 per cent last year, led by a surge in shipments of dried cassava chips, according to the latest Ministry of Agriculture data. Total exports of 66 raw and semi-processed agricultural products – chiefly cassava, rice and ...
Rise in number of blazes in ’15
The number of fires in Cambodia increased by 14.7 per cent in 2015 compared to the previous year, killing 35 people and consuming almost 600 homes. Electrical malfunctions were the leading cause of fires, accounting for 47 per cent of all fire incidents, with carelessness the ...
Magical Laotian town preserved by UNESCO
It is officially described as the best-preserved city in Southeast Asia, a bygone seat of kings tucked into a remote river valley of Laos. Luang Prabang weaves a never-never land spell on many a visitor with its tapestry of French colonial villas and Buddhist temples draped ...
UNFC seeks to broker end to Shan fighting
An umbrella organisation of ethnic armed groups has formed a five-member team to help negotiate an end to fighting in northern Shan State that has forced up to 5000 people to flee their homes. The United Nationalities Federal Council formed the team at a four-day emergency ...
High Court to hear ATM fraud allegations
Five foreigners accused of multiple offences of fraud involving the use of fake bank cards or electronic equipment to withdraw cash can be tried together, Yangon Region’s High Court has decided. The decision means that the cases of a British man and four Indian citizens will ...
Amyotha committee takes aim at resource extraction
With Myanmar’s deadly jade industry increasingly under international scrutiny after hundreds of scavengers were buried in landslides, the Amyotha Hluttaw is taking the infamously unregulated extractive industries sector to task. The illegal plundering of natural resources will be put to an end, according to National League for ...
Bangkok faces water test as drought looms
Bangkok’s Metropolitan Waterworks Authority (MWA) will test lower-water-volume distribution for 24 consecutive hours in some areas this week as it braces for an imminent drought crisis. The test will run from 9pm 24 February till 9pm 25 February. “We need to make preparations for any emergency and any ...
