News

Myanmar Central Bank will not return to old ways: senior official

Amid widespread anxiety over the impact of the Myanmar Central Bank’s decision to revoke thousands of US dollar accepter and holder licences, a senior official has promised authorities have no plans to return to old ways.  For many years – until 2011, when six commercial banks opened ...

ASEAN’s winners and losers under TPP

Earlier this month, 12 countries in the Asia Pacific region signed the Trans-Pacific Partnership (TPP) which ranks as the biggest trade agreement in history – signatory countries account for 40% of total global output. While the treaty still must be ratified by each and every party to it, ...

Water crisis looms as short monsoon, El Nino hit southern reservoir

A large reservoir that supplies water for Ho Chi Minh City and nearby provinces has seen its water level falling rapidly, signalling a possible severe shortage for the whole region, experts said.   “Low rainfall as an impact of El Nino has significantly lowered the water level ...

Minister assures Lao jobs in rail megaproject

Authorities in charge have prepared a workforce recruitment plan for the planned construction of the Laos-China rail project, Minister of Public Works and Transport has said. Dr Bounchanh Sinthavong spoke to local media at a press conference recently and declared that a recruitment plan will be ...

Vietnamese party leader meets with Lao guests

Party General Secretary Nguyen Phu Trong and Deputy Prime Minister Nguyen Xuan Phuc received a visiting Lao delegation led by Politburo member and Deputy Prime Minister Somsavad Lengsavad in Hanoi on 19 September. Keep reading ...

Deportation delayed for Vietnam asylum seekers

The Cambodian government on 20 October announced that it has extended deadlines for all Montagnard refugees and unregistered asylum seekers to leave Cambodia. Keep reading ...

Burden of debt eats into incomes

While Cambodian households saw their debt increase just 2 per cent last year, rural household borrowings to service existing loans nearly doubled, new government research shows. Both total and disposable incomes across the 3.3 million Cambodian households rose 16 per cent year-on-year in 2014, with total ...

Deal struck for migrant workers in Thailand

Thailand has agreed to relax enforcement against expired documents held by migrant Cambodians, which become invalid when they switch jobs without their previous employer’s written consent. The agreement was reached on 19 October during a meeting between Cambodia’s ambassador to Thailand and Thailand’s director general of the Department ...

Hanoi, Ho Chi Minh City seek to improve traffic management

The Hanoi Police Department will increase manpower along favoured routes to ensure traffic order and combat traffic congestion during rush hours, the director of the department said. In addition to the deployment of all traffic cops, about 200 mobile policemen will be stationed along traffic routes ...

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