News
Quarry incident raises alarm for work safety
When rescue workers retrieved the last body from a collapsed quarry in Yen Lam District, Thanh Hoa Province on 23 January, it raised the total number of work-related deaths in the central province to 20 since the beginning of 2016. The quarry collapse itself led ...
Strong Vietnam GDP growth, low inflation forecast for ‘16
Vietnam’s gross domestic product (GDP) will likely grow 6.82 per cent this year, 0.12 percentage points higher than that predicted by the National Assembly last November in its resolution on the socio-economic development plan for 2016, the Centre Institute of Economic Management (CIEM) said on ...
Thai finance ministry trims growth forecast
Thailand’s Finance Ministry trimmed its economic growth forecast for this year to 3.7% from 3.8% and sharply cut its export estimate as global demand slows, a senior ministry official said on 28 January. But growth this year would be supported by government investment and economic stimulus, Krisada ...
Made in ASEAN initiative on the cards
Thailand is set to team up with the Japan External Trade Organization (Jetro) and ASEAN members to push forward the Made in ASEAN initiative, making certain products to the same quality standards. Keep reading ...
Thai PM blames past policies for drought
Prime Minister Prayut Chan-o-cha has blamed past policies that heavily promoted cash crops as a root cause of floods and drought. Commenting in the latest government’s newsletter, Gen Prayut said growing cash crops without controls leads to the destruction of forests and watershed areas, and even affects ...
Conservatives still call the shots in Vietnam and Laos
Vietnam and Laos, the only Communist regimes in South-east Asia, inducted new leadership this past week through party congresses. Changes in both cases saw conservatives prevail. The relatively secretive Lao People’s Revolutionary Party which runs Laos – which is chairman of the 10-nation Asean this year – chose Mr ...
Company denies illegal logging allegations
A company owned by a tycoon accused of logging vast stretches of forest in Cambodia’s Virachey National Park on 28 January fired back at its detractors, claiming that it paid the state more than $1 million in taxes and was cleared by a recent anti-illegal logging ...
Next step in malaria strategy: paying for it
Following the announcement on 27 January of an ambitious new five-year plan to eliminate malaria in Cambodia, National Centre for Malaria officials and donors met again on 28 January, this time to discuss patching up a $22.8 million budget gap to fund the strategy’s first two years. Financial ...
Agro investors must be flexible
French agribusiness Socfin Group, which has managed rubber plantations in Cambodia since 2008, has seen rubber prices plummet and land claims multiply while waiting for its first returns on investment. The Post’s Ananth Baliga sat down with Jef Boedt, general manager of Socfin Cambodia, to ...
Vientiane records over 6.9 trillion kip in public debt
Vientiane recorded public debt of more than 6.946 trillion kip, including 6.931 trillion kip of state investment debt remaining on contracts and 15 billion kip owed to utilities and other expenses. The figure was revealed at Vientiane’s monthly meeting for January attended by Vientiane Mayor Dr ...
