News

Myanmar Government earmarks cash to rebuild 3000 homes

States and regions affected by natural disaster will receive government funding for rehabilitation next year. U Maung Win, director of the Department of Rural Development of the Ministry of Livestock, Fisheries and Rural Development, said the funds would be enough to restore 3000 rural homes. Keep ...

Fighting raises vote doubt in Shan State

Election officials in central Shan State have called for the postponement of voting in two townships because of continued fighting between government forces and an ethnic armed group that has displaced at least 3000 civilians. Keep reading ...

Singapore, Malaysia among biggest investors in Vietnam: report

Eight out of 10 member states of ASEAN have made investments in Vietnam with a total pledge of $56.32 billion for 2,681 projects, the Foreign Investment Agency recently reported.   The cumulative investment figure was recorded at the end of September and was up 8.6 percent from ...

A dreaded homecoming for Montagnards

With the deadline looming for hundreds of Montagnard asylum seekers in Cambodia to return “voluntarily” to the site of their alleged persecution or be forced back across the border, a group who have spent months living in the shadows this week spoke out about their ...

Vietnam blocks Chinese apple imports over island dispute

China’s apple exporters will have to come up with new, non-controversial packaging if they want to resume sending the fruit to Vietnam, authorities said on 22 October. Keep reading ...

Thai Union enforces strict ethics for tuna supplies

Thai Union Group, the world’s largest tuna canner, has stopped receiving supplies from about 1,200 fishing boats in Thailand over the past one to two years as part of its strictly-enforced code for responsible sourcing and conduct. As part of its global rebranding launched on 18 September, the ...

Thailand must do more for investors, says Citi chief

While political and policy risks have been among the biggest concerns for foreign investors in recent years, other issues such as bureaucracy, legal enforcement and business restrictions perhaps weigh even more heavily on Thailand’s competitiveness. Darren Buckley, country head of Citi Thailand and president of the American Chamber of ...

Chinese-built bridge opens in Phnom Penh

A new Chinese-built bridge in Cambodia’s capital opened for public use on 22 October, having taken about three years to complete at a cost of $27.5 million. Keep reading ...

'Renewable energy' plans steady growth

Renewable energy is one of the main sectors expected to engage in more merger and acquisition (M&A) activity offshore in the next three to five years, according to Kasikornbank. KBank, one of the major banks involved with corporate fund-raising, on 21 October shared its views on the upward ...

Thai franchises in line for tax perks

The government is considering privilege packages for Thai franchises in a bid to promote them in the world market. Deputy Commerce Minister Suvit Maesincee, who presided over the opening of the “Excellent Thai Franchise” event on 21 October, said the franchise business still had a lot of ...

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