News
World Bank trims Asia forecast but says no China hard landing
The World Bank on 5 October cut its growth forecasts for developing economies in East Asia and the Pacific but allayed fears of a hard landing for China’s slowing economy. The bank also said it expects any increase in US interest rates to have an orderly impact ...
Thai junta picks panel to write constitution after draft rejected
Thailand’s military government, which took power in May last year, appointed a committee to draft the country’s 20th constitution on 5 October after a previous draft was rejected, delaying promised elections until at least 2017. The junta-appointed legislature dismissed the military-backed constitution last month after it was ...
Thailand to tap rice stockpile to maintain export levels
Rice exports from Thailand may be steady next year as the world’s biggest shipper taps state inventories to offset a possible decline in production amid dry weather. Keep reading ...
Japan's Sapporo buys out its Vietnamese beer venture: report
State-owned tobacco company Vinataba has sold out its 29 percent stake in Sapporo Vietnam to Japanese parent Sapporo Holdings, news website VnExpress reported on 4 October. Keep reading ...
Vietnam fruits lose ground to Thai imports even as ASEAN threat looms
Vietnamese fruit sellers are selling more Thai vegetables, making it harder for local vegetable growers to compete. Thailand is now the largest exporter of vegetables and fruits to Vietnam after surpassing China early last year. Be, who has a fruit shop on Nguyen Thai Hoc Street, Can Tho, ...
Vietnamese teens busted in Cambodia with endangered animals
Two Vietnamese teenagers were arrested in Kandal province on 2 October after being found illegally transporting 44 endangered tortoises, which they reportedly intended to smuggle into Vietnam for sale. Keep reading ...
Cables detail China-Vietnam strains in ’75 Cambodia
The seeds of China and Vietnam’s bloody rivalry for influence in Cambodia were already apparent to foreign observers in the weeks and months after the April 1975 fall of Phnom Penh, Australian diplomatic cables given last month to the Documentation Center of Cambodia (DC-Cam) show. Born ...
CNRP promises not to remove civil servants if victorious
Opposition leader Sam Rainsy promised supporters in Kampong Cham province on 3 October that if his party comes to power, civil servants and soldiers can be certain that they will keep their jobs, and will be given raises. Speaking to hundreds of supporters in Srei Santhor district, ...
Exports up 20% in H1 on Europe purchases
Cambodian exports saw a nearly 20 per cent increase for the first half of the year, as garment shipments to the European Union led the way in making up for a decrease in exports to the United States, according to a new Ministry of Commerce ...
Investors sour on Southeast Asia’s growth plans
Governments in Southeast Asia in the past several weeks have accelerated plans to boost growth and prop up markets amid worries about the spillover of China’s slowdown. But investors aren’t convinced. In August and September combined, equity outflows from Malaysia, Indonesia and Thailand quickened at the ...
