News
Company denies illegal logging allegations
A company owned by a tycoon accused of logging vast stretches of forest in Cambodia’s Virachey National Park on 28 January fired back at its detractors, claiming that it paid the state more than $1 million in taxes and was cleared by a recent anti-illegal logging ...
Next step in malaria strategy: paying for it
Following the announcement on 27 January of an ambitious new five-year plan to eliminate malaria in Cambodia, National Centre for Malaria officials and donors met again on 28 January, this time to discuss patching up a $22.8 million budget gap to fund the strategy’s first two years. Financial ...
Agro investors must be flexible
French agribusiness Socfin Group, which has managed rubber plantations in Cambodia since 2008, has seen rubber prices plummet and land claims multiply while waiting for its first returns on investment. The Post’s Ananth Baliga sat down with Jef Boedt, general manager of Socfin Cambodia, to ...
Vientiane records over 6.9 trillion kip in public debt
Vientiane recorded public debt of more than 6.946 trillion kip, including 6.931 trillion kip of state investment debt remaining on contracts and 15 billion kip owed to utilities and other expenses. The figure was revealed at Vientiane’s monthly meeting for January attended by Vientiane Mayor Dr ...
Laos, Indonesia seek closer ties
Laos and Indonesia are taking steps to deepen their bilateral relations with the foreign ministers of the two Asian countries holding talks in Vientiane on 27 January. Visiting Indonesian Foreign Minister Ms Retno Marsudi is in Laos for a two-day official trip on 27 and 28 ...
Vietnamese from Laos welcomed
Vietnamese Prime Minister Nguyen Tan Dung has approved a plan to support free migration for Vietnamese returning from Laos to settle in Vietnam. The plan will be carried out in 10 provinces that border Laos including Dien Bien, Son La, Thanh Hoa, Nghe An, Ha Tinh, ...
Water to be stored in 36 disused mines
Thailand’s Primary Industries and Mines Department is preparing 36 disused mines for water storage to help address the drought crisis. If the mines can be used as planned, their combined capacity will be 166 million cubic metres, said director-general Chat Hongtiamchant. He said his department found 36 ...
Thai rice exporters pessimistic about market prospects
Thai rice exports are expected to have another difficult year as the world market is likely to be volatile amid foreign exchange and oil price risks, according to exporters. Charoen Laothammatas, president of the Thai Rice Exporters Association, said the association projected shipments would slip to 9 ...
Strong FDI inflows to drive Vietnam's economy this year: forecast
As foreign investment will remain strong this year, both manufacturing and construction sectors in Vietnam will see positive growth, helping the economy rise 6.9 percent, according to a new Standard Chartered Bank report. It will be the second highest growth in Asia, after India, the London-headquartered ...
Vietnam watches out for alarming Zika virus spread
Health officials are monitoring the spread of Zika virus in other countries, saying Vietnam is also at risk. The Preventive Health Department said the virus, which has been linked to brain damage in thousands of infants in Brazil, has not been detected in Vietnam. Keep reading ...