News
IMF calls for growth through stimulus
The International Monetary Fund has recommended that Thai policymakers implement both fiscal and monetary stimuli in order to boost economic growth and steer inflation back to target. The recommendation was made during a visit to Bangkok for Article IV consultations. “The team recommends monetary policy ...
Feed mill to take bite out of growing import demand
Chip Mong Group is the latest conglomerate to invest into local production of animal feed, announcing this week that it will sink $60 million into building a large-scale feed mill and industrial piggery, a move that agricultural experts welcomed but said would still not be ...
Minister holds talks on union law
Union leaders on March 14 met Labor Minister Ith Samheng to discuss concerns about the Trade Union Law adopted in May last year. Pav Sina, the president of the Collective Union of Movement of Workers, told Khmer Times that Mr. Samheng agreed to hold the meeting to ...
Storms damage nearly 60 homes
Nearly 60 homes in Battambang and Pailin provinces were damaged by storms on Monday caused by unseasonal rain, however no injuries or deaths were reported. Mey Chunsan, the deputy police chief of Battambang’s Bavel district, said on March 14 the storm hit at about 5:30pm and ...
Call for ban on Mekong dams
A group of 50 youth, community and civil society representatives from Cambodia, Laos, Myanmar and Thailand gathered to celebrate the International Day of Action for Rivers in Kratie province on March 14. They used the event in Sambo district to urge the government and the ...
Đà Nẵng tops competitive index
Đà Nẵng maintained its status as the most competitive locality in the country, topping the Provincial Competitiveness Index 2016 for the fourth consecutive year and seventh year at the top position since the rank was announced. The annual report, the 12th of is kind so ...
Focal points meeting aims to improve SDGs coordination
Some 50 officials from 22 relevant sectors met in Vientiane to discuss coordinating mechanisms for improvement and to review the previous implementation of the Sustainable Development Goals in each sector. The first meeting to examine SDGs focal points took place on March 14 and was co-chaired ...
Vietnamese businesses worry about weak competitiveness
A survey found that only 32 percent of businesses have confidence in the competitiveness of their products, while others are worried about the increased presence of foreign goods. Chu Tien Dung, chair of the HCMC Business Association, said at the meeting between HCMC’s leaders and ...
Vietnam aims for safe, speedy railway
Nguyen Ngoc Dong, Vice Minister of Transport, speaks to Tien Phong (Vanguard) newspaper about his Ministry’s plan to develop a fast, yet safe railway service. Who is to blame for the rise in accidents at railroad crossing points in Viet Nam? I have to admit ...
US investor buys big stake in Vietnamese curcumin company
In early 2017, PHI Group, an investor from the US, unexpectedly announced the purchase of a 51 percent stake of Hoang Minh Chau, called the ‘curcumin King’ of Khoai Chau area in Hung Yen province. The value of the deal remains a secret. Analysts believe that ...