News

Yangon stock exchange risks opening under US sanctions

Myanmar’s first modern stock exchange risks falling under sanctions by the US Treasury when it eventually launches this year. The Yangon Stock Exchange is not designated specifically by the Department of Treasury’s Office of Foreign Assets Control. However US officials have clarified that under US law it ...

Vietnam tourism authority supports controversial cable car near world's largest cave

Vietnam’s tourism administration agency has expressed support for installing a controversial cable car system near the world’s largest cave, Son Doong, news website VnExpress reported on 12 October.   Nguyen Van Tuan, chief of the Vietnam National Administration of Tourism, was quoted as saying that the system, ...

Flooding in Vietnam as China discharges water down Red River

Hydrologists have warned about imminent flooding in the Red River in northern Vietnam due to huge discharge of water from upstream reservoirs in China.   Water levels in the river rose to 31.7 m in Yen Bai Province on 12 October before receding, according to the National Center ...

In Vietnamese floating villages, a precarious life

For the thousand or so ethnic Vietnamese families who have lived and fished for years in the floating villages along the Tonle Sap river in Cambodia’s Kompong Chhnang province, the insecurity of their lives here was made clear last week. Evicted from moorings in the center ...

Vietnamese arrested in Mondolkiri smuggling timber

Two Vietnamese nationals were arrested in Cambodia’s Mondolkiri province as they attempted to cross the border back into Vietnam on 8 October in a tour bus loaded with high-grade timber, authorities said 11 October. Keep reading ...

Cambodia to invest $62M in China’s Asia Bank

The Council of Ministers agreed on 9 October to invest about $62 million in the fledgling Asian Infrastructure Investment Bank, which is expected to start operating by the end of the year. Keep reading ...

Thailand to try US journalist for carrying flak jacket

A Thai court has decided to put an American photojournalist on trial for possession of a bulletproof vest and a helmet, which are considered weapons in Thailand. Keep reading ...

Laos' Khammouane province to study solar, wind power

The development of solar and wind power in Laos’ central Khammouane province is to be investigated following earlier mixed results, an official has said. The PP Electric Company in Vientiane has signed a Memorandum of Understanding with the Khammouane provincial Planning and Investment Department to conduct ...

Single gateway jitters in Thailand

With the Thai government exploring the pros and cons of initiating a single international gateway (single gateway), uncertainty is being felt in the country’s growing tech industry and e-commerce sector. The cabinet ordered relevant state agencies to report legal complications concerning the deployment of a single ...

Laos SEZs prove to be major job generators

Sixty-five companies from Laos and foreign countries including Thailand at the Savan-Seno Special Economic Zone have created over 4,500 jobs for local people. According to Thongsay Sayavongkhamdy, a senior official from the Savannakhet provincial authority, from now until 2020, both local and overseas companies are expected to ...

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