News
ADB sells $1.3 billion in global green bonds to spur climate financing
The Asian Development Bank has raised $1.3 billion to help finance climate change mitigation and adaptation projects with the issue of dual-tranche 3-year and 10-year green bonds, following its inaugural green bond issue in 2015. Last year, ADB announced that it will double its annual climate ...
South-east Asian countries need to step up cooperation to fight extremist terrorism
Countries in South-east Asia need to step up cooperation to fight the threat of extremist terrorism, Minister for Home Affairs K. Shanmugam said at the International Meeting on Counter-Terrorism in Bali. “We need to establish a common understanding of the security threats facing us, the challenge ...
Cambodia standing up for migrant fishermen too late: experts
The government’s Cambodian Human Rights Committee on August 9 sent a request to its counterpart in Thailand to help push the Thai government to implement safety measures to protect Cambodian fishermen working in Thailand in often slave-like conditions, a request advocates said yesterday should have been ...
World Bank staff point to 'leadership crisis' at global lender
Staff at the World Bank delivered a broadside against its sitting president this week, saying the global lender faced a “crisis of leadership” and risked irrelevance on the world stage. The rebuke, made in an open letter from the Bank’s staff association, came as informal talks ...
Govt seeks contractor to repair environmental impact of jade mining
A tender was put out on 1 August to draw up the Environmental Management Plan to repair damages caused by the jade mining in Lonekhin and Hpakant in Kachin State, Myanmar.Keep reading ...
Singaporean firms find room to grow in Cambodia
Singaporean firms are taking an increasingly close look at the Cambodian market, both as a low-cost offshore production base and as a destination for their goods and services. Ho Meng Kit, CEO of the Singapore Business Federation, which represents 22,500 Singaporean companies, said as Cambodia ...
Offices of Mekong River Commission decamp to Laos
The Mekong River Commission’s secretariat in Phnom Penh – one of two for the group, charged with managing the river’s sustainable development – is being shuttered in favour of a single office in Vientiane, a decision that has provoked widespread concern among current and former ...
Malaysian trade agreement inked at Phnom Penh business forum
Cambodia and Malaysia took strides on August 9 to enhance bilateral trade and investment, holding a business forum in Phnom Penh and inking a cooperation agreement aimed cementing existing ties – and forging new ones. Malaysia is one of the top investors in Cambodia, and a cornerstone ...
Indian pills fuel drug boom in Myanmar
Five years ago, when cold pills first trickled across Myanmar’s untamed border with India, many local officials were baffled. Where was this medicine going, and why were smugglers so interested in it? Today, the cross-border trickle has become a torrent and everyone knows why the Indian-made ...
Myanmar begins repatriation of 2,000 migrants from Malaysia
Beginning this week, the Myanmar government will be beginning the process of taking home some 2,000 of its people who have been detained for months in Malaysia, Myanmar Times reported on August 10. “We have plans go through this repatriation process more than 10 times, chartering flights ...
