News

Casio pins faith on Thailand for ASEAN expansion

Tokyo-based Casio Computer Co, a maker of consumer electronics, is committed to investing in Thailand so that it can use the country as a springboard for expansion in Myanmar and Laos. “We [Casio in Japan] are considering expanding our business into other ASEAN members including Myanmar and ...

Thai Education Ministry aims to cut foreign English tutors

The Education Ministry plans to recruit its first batch of 500 Thai teachers who teach English in state-run schools nationwide to undergo a “train-the-trainer” programme in a bid to reduce the cost of hiring foreign English teachers. Deputy Education Minister Teerakiat Jareonsettasin said those Thai English ...

Myanmar government rejects key human rights recommendations

Human rights groups at the United Nations and in Myanmar are hopeful the incoming government will radically change the country’s attitude to protecting human rights, after representatives for Naypyidaw rejected a large number of proposed human rights reform made under the Universal Period Review process. The ...

NLD wins absolute majority in parliament

Daw Aung San Suu Kyi’s National League for Democracy has secured an absolute majority in the combined houses of parliament which guarantees her party has the numbers to secure her choice of the next president.  Official results posted by the Union Election Commission at noon on ...

Kampot pepper defying drought fears

The increased cultivation area of Kampot pepper has offset losses due to drought, with farmers of the premium quality peppercorn estimating that production could reach 80 tonnes in the coming harvest, nearly 40 per cent more than last season. “Even though our farms were impacted by ...

Koh Kong reps deliver UDG petition

Ten representatives of 318 families in Koh Kong on 12 November filed a petition with the Senate and the National Assembly, asking the government to intervene in their land dispute with Chinese company Union Development Group. Keep reading ...

Setting the right price for investors

Subscription to the initial public offering of Phnom Penh Autonomous Port (PPAP) opened on 12 November. The capital’s port operator aims to raise $5.2 million by floating a 20 per cent stake on the Cambodian stock exchange in December, becoming the third company to list on ...

Business leaders see brighter future in NLD win

Business leaders have welcomed the National League for Democracy’s (NLD) thumping victory in the 8 November election, saying the opposition is well poised to drive economic growth when it forms the next government in March. Industry insiders say that the change of government is certain to lead ...

Thai rice exports to stay strong, say shippers

Thailand’s rice situation is stable thanks to several pending purchase orders under government-to-government (G-to-G) contracts with the Philippines and China, president Charoen Laothammatas said on 11 November.  He expects Thai paddy prices will remain steady at 8,000 to 8,500 baht a tonne next year. Keep reading ...

Mynamar trade steady year-on-year despite flooding: ministry

Myanmar’s trade volumes for the first half of this fiscal year match last year’s figures despite devastating flooding in July and August and a six-week embargo on rice exports. Myanmar’s bilateral trade was worth US$16.204 billion over the first six months of fiscal year 2016, placing ...

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