News
Vietnam wants more foreign investors for stock market after bullish year
A better legal framework and a stronger privatization drive of state-owned enterprises are key measures for Vietnam’s securities market to keep attracting foreign investors this year, a senior official has said. Speaking to news website VnEconomy on 16 February, Vu Bang, chief of the State Securities ...
Mekong reels from drought, saltwater
Drought and saltwater intrusion have worsened in the Cuu Long (Mekong) Delta this year, threatening rice crops and the daily life of residents. Le Thanh Hai, deputy director of the National Centre for Hydro-Meteorological Forecasting, said: “Saltwater intrusion [began in] November 2015, one and half months ...
South Korean company to invest in resort complex project
A company from the Republic of Korea (ROK) is intending to carry out a Lao Resort Complex Project in Phonhong district, Vientiane province, one of the mega projects to be developed in Laos. If the project is approved by the Lao government, the total value of ...
Information project eases Lao government decision making
The inaugural meeting of the cross-sectoral Steering Committee of the Lao Decide Info project took place in Vientiane on 17 February, to assess the progress of the project to date. Lao Decide Info plays a critical role in enhancing the quality of key information relating to ...
Xaysomboun appoints new provincial governor
Party Central Committee member Major General Thongloy Silivong was officially appointed on 16 February as the new Party Secretary of Xaysomboun province and provincial Governor. A ceremony to hand over the position between the former Party Secretary of Xaysomboun province and provincial Governor Dr Sombath Yialiher and ...
Critics question ministry’s claim of resolving most labour disputes
The Ministry of Labour on 17 February announced a nearly 40 per cent drop in the number of Cambodians who went on strike last year before then taking credit for successfully resolving the vast majority of those work stoppages, a claim met with widespread scepticism from ...
French bank set to enter Cambodia
French bank BRED Banque Populaire – part of the second-largest banking group in France – will start commercial operations in Cambodia later this year, marking the first foray for a European bank in the Kingdom since the late 1990s, sources in the banking sector said ...
MPs to debate emergency proposal on Shan clashes
Shan State politicians are urging parliament to immediately address renewed clashes in the northern part of the state which have already displaced thousands of civilians and trapped several thousand more. U Sai Tun Aung, a Pyithu Hluttaw MP for the Shan Nationalities League for Democracy, submitted ...
Police block poppy eradication campaigners in Kachin State
Police have halted a Kachin vigilante group in its attempt to destroy poppy fields in Waingmaw township. The movement, apparently undeterred by the death of one of its members at the hands of poppy growers and the violence directed against it, had reportedly swelled by ...
Third round of transition talks loom
Power-sharing talks between Daw Aung San Suu Kyi and Senior General Min Aung Hlaing are expected to resume this week – possibly as early as today – according to sources close to the National League for Democracy. The last round of negotiations on 25 January seems ...
