News
Thai rice exporters pessimistic about market prospects
Thai rice exports are expected to have another difficult year as the world market is likely to be volatile amid foreign exchange and oil price risks, according to exporters. Charoen Laothammatas, president of the Thai Rice Exporters Association, said the association projected shipments would slip to 9 ...
Strong FDI inflows to drive Vietnam's economy this year: forecast
As foreign investment will remain strong this year, both manufacturing and construction sectors in Vietnam will see positive growth, helping the economy rise 6.9 percent, according to a new Standard Chartered Bank report. It will be the second highest growth in Asia, after India, the London-headquartered ...
Vietnam watches out for alarming Zika virus spread
Health officials are monitoring the spread of Zika virus in other countries, saying Vietnam is also at risk. The Preventive Health Department said the virus, which has been linked to brain damage in thousands of infants in Brazil, has not been detected in Vietnam. Keep reading ...
Vietnam FDI surges this month
Foreign direct investment (FDI) in Vietnam rose impressively by 101.2 per cent to more than US$1.33 billion in January of this year, according to the Foreign Investment Agency. Up to 127 new foreign-invested projects, worth more than $1 billion, were licensed as of January 20, surging ...
Reduced Rakhine State budget under fire
The incoming Rakhine State parliament will have only half the funds it needs to develop the state, a local MP has complained. The state parliament adopted the 2016-17 budget on 25 January, days before it rose to give way to the new parliament elected last ...
Close to bottom of corruption index but improving slightly
Myanmar still languishes among the world’s most corrupt countries although its performance has improved slightly over the past year, according to a global review released on 27 January. Berlin-based graft monitor Transparency International said that with a better score on perceived levels of public sector corruption, ...
Thai bank buys Cambodian MFI in mammoth deal
In what may be the biggest deal in Cambodia’s financial sector history, Thailand-based Bank of Ayudhya has reached an agreement to acquire the local microfinance institution (MFI) Hattha Kaksekar, with the deal expected to be valued at upwards of $140 million. In a statement released on ...
Ministry presents five-year malaria strategy
With concerns mounting over the increasing appearance of drug resistant strains of the disease along the Thai border, an ambitious five-year plan to eliminate the deadly Plasmodium Falciparium malaria parasite in Cambodia was presented on 27 January by the Ministry of Health. The Malaria Elimination Action Framework ...
Meeting on Cambodia-Thai border has crime focus
Senior officials from Cambodia’s Defence Ministry will leave for Thailand on 28 January for the 11th General Border Committee, which aims to strengthen cooperation between the two countries, particularly on cross-border crime. Keep reading ...
HRW slams NGO Law, court cases in report
In what has become a yearly tradition, Human Rights Watch levelled a broadside of criticisms at the Cambodian government on 27 January, accusing it in its annual report of enacting “draconian” legislation and granting itself broad “arbitrary powers” to suppress dissent. The global report’s Cambodia section ...