News
Laos, destination in illegal ivory trade, so far eludes global crackdown
When the authorities in Thailand recently intercepted huge stashes of ivory stuffed inside shipments of beans and tea leaves, the seizures were described as groundbreaking international police work. But there was a major omission in the operation, which took place over the past four months and uncovered ...
Vietnam's fast rising property market leaves hard times behind
Brought to its knees when its property market bubble burst four years ago, Vietnam is riding into another boom, with construction starting in Ho Chi Minh City on two of the world’s tallest skyscrapers and buyers snapping up new projects fast. The speed of the market’s ...
Relief teams, donors struggle to reach hardest-hit regions in Myanmar floods
Floodwaters began to subside in some hard-hit areas of the country yesterday but relief workers were still struggling to reach the hundreds of thousands of people affected, including tens of thousands of displaced. Stranded communities in Rakhine State and Magwe Region told The Myanmar Times they ...
Myanmar Government trumpets pledges from China
Amid accusations that it caved in to Chinese pressure, the government has been at pains to show that its release in a presidential amnesty last week of 153 Chinese illegal loggers was accompanied by a number of pledges it has managed to extract from Beijing. The ...
PNG frees Myanmar and Cambodia ‘slaves’ from fishing boat
Papua New Guinea Prime Minister Peter O’Neill yesterday pledged his nation’s support in tackling human trafficking as he confirmed the seizure of a boat carrying alleged slaves from Myanmar and Cambodia. Mr O’Neill said the eight people were rescued from the fishing boat Blissful Reefer. Keep reading ...
UN warns Myanmar flood toll likely to increase
The toll from flooding and landslides after days of torrential rain is likely to rise, the United Nations has warned, as monsoon downpours brought misery to thousands across the region. At least 21 people have been killed and more than 150,000 affected by flooding across 12 ...
China manufacturing index hits two-year low: survey
A key gauge of Chinese manufacturing activity plunged to a two-year low in July, an independent survey has showed, the latest data suggesting the world’s second-largest economy faces challenges in the third quarter. The final reading of Caixin’s Purchasing Managers’ Index came in at 47.8 for ...
Foreigners flee Thai stocks
Foreign investors are selling Thai stocks at the fastest pace this year as the nation’s military government struggles to deliver on pledges to revive economic growth. Overseas funds unloaded a net $774 million of Thai shares in July as the benchmark Stock Exchange of Thailand Index ...
Jungle Vegas: How China's gamblers are pouring into a casino in Laos' notorious Golden Triangle
Kings Romans, a Chinese-owned casino complex in Ton Pheung district, Bokeo, is the centrepiece of a 10,000-square metre “Golden Triangle Special Economic Zone” set up by communist-ruled Laos with investment from its giant neighbour. The other Golden Triangle nations, Thailand and Myanmar sit just across river, ...
Vietnamese workforce optimistic about ASEAN common market, survey shows
Up to 92 percent of Vietnamese professionals see the establishment of the regional ASEAN Economic Community (AEC) as a good opportunity to develop their career, according to a recent survey conducted by recruitment firm VietnamWorks. As many as 52 percent of the respondents believe they will ...
