News
Vietnam scraps ceiling rate on corporate dollar deposits
Vietnam’s central bank said late on 27 September it was abolishing the interest rate ceiling on dollar deposits offered by banks to organisations and companies, in an attempt to avoid dollar hoarding. Keep reading ...
ADB to double climate financing to US$6b for Asia-Pacific
The Asian Development Bank’s (ADB) President Takehiko Nakao announced on 25 September that the ADB will double its annual climate financing to US$6 billion by 2020, up from the current US$3 billion. ADB’s spending on tackling climate change will rise to around 30 percent of its overall ...
Laos-China rail expected to begin construction in November
The groundbreaking ceremony to begin construction of the Laos-China rail project to link Laos with China and other ASEAN member counties is expected to begin in November if things go as planned, a minister said on 25 September. Minister of Public Works and Transport Dr Bounchanh Sinthavong ...
English classes catch on in Laos
Some primary schools in Laos have started offering English lessons. A group of primary students in Laos feels very excited and happy to learn English for the first time. The sounds of the ABCs and laughter can be heard from a long distance away. Keep reading ...
Bar Association rebuts report
The Bar Association of the Kingdom of Cambodia (BAKC) has hit back at a damning report from the International Bar Association, refuting accusations that it is a politicised facilitator of endemic corruption in the judiciary. In a statement released on 26 September, the BAKC insisted it ...
Sand firms’ licences are revoked
Preah Sihanouk provincial authorities have revoked the business licences of four companies working across more than 10 hectares for alleged environmental impact. Keep reading ...
Date set to announce new wage
The tripartite working group tasked with setting the minimum wage in Cambodia’s garment industry is slated to officially convene on 28 September, with the results of the negotiations to be announced on 5 October if all goes to plan. Keep reading ...
Junta mulls 'Great Firewall' for Thailand
Thailand’s junta is facing growing opposition over plans to introduce a single Internet gateway for the country to make it easier to monitor the web and block content. Tens of thousands of people have signed a petition against the proposal, which has been dubbed the “Great ...
Villagers forced to flee as Kachin State clashes continue
Over 100 villagers in Kachin State’s Mansi Township were forced to flee their homes on 27 September after clashes continued between government troops and the Kachin Independence Army in the state’s southernmost township. Keep reading ...
Thai exports slide again in August, but still trade surplus
Exports continued to slide in August, down by 6.69% year-on-year, resulting in a contraction of 4.92% over the eight-month period. Keep reading ...
