News

Investors in Cambodia’s garment industry are increasingly purchasing modern equipment as they look to produce higher value-added products to compete in the international market and counter rising labour costs, an industry insider said on August 22. Akai Lin, project manager of Yorkers Trade & Marketing Service, ...

Deputy Prime Minister Somkid Jatusripitak expects to propose the transport-system projects to serve the planned East Economic Corridor to the Cabinet in October. “If these projects are proposed to the Cabinet, they will go ahead swiftly, early next year. I’d like to see the East Economic ...

A government announcement that it will promote the replanting of trees in areas reclaimed from unused economic land concessions has drawn a broadly positive response. But Buntenh, a monk and environmental activist, on August 22 said that while the idea was good, it was not clear ...

China may be slowing, but a commodities rebound is under way and the world’s biggest miner knows where the next growth story is building — emerging economies in Southeast Asia.Combined gross domestic product in the ASEAN-5 nations — Indonesia, Thailand, Malaysia, the Philippines and Vietnam ...

The government has stressed the need to clearly define revenue sources and to expand electronic collection methods to assist the budget. The moves aim to ensure all revenue from available sources can be collected for the national budget, minimising problems related to financial leaks. Prime Minister Thongloun ...

People living along the Mekong River have been alerted to rising water levels as authorities monitor the situation and stay prepared for emergencies around the clock. The Mekong levels in the northeastern province of Nong Khai rose quickly on August 21, by 7 cm per ...

Foreign Minister Daw Aung San Suu Kyi has ended her five-day trip to China, returning to Yangon on August 21st. The visit, which came after an invitation from China’s Premier Li Keqiang, was Daw Aung San Suu Kyi’s first major overseas trip since the National League ...

Myanmar-based Olympus Asia Group and Korea’s Panko Corporation signed a memorandum of understanding on August 20 and are looking for land in Yangon, Bago or Ayeywarwady regions. Under the CMP model, a foreign buyer with financial backing and technical expertise will contract a garment factory, usually ...

Americans love shrimp. We import about $5 billion worth of it from all over the globe, including from India, Thailand and Indonesia. But over the past year, we’ve learned more about the downsides of global shrimp production. The Associated Press uncovered slave labor in Southeast Asia, ...

Building a digital economy will be very important for Vietnam to keep pace with rapid technology developments across the globe, a senior Australian scientist has said.“We are not going to create prosperity purely on hard work. It will be smart work, which is connected to ...