News
Logistics firm DSV launches rebranded local branch
Global transport and logistics company DSV announced on January 19 it started operations in Cambodia following its acquisition last year of UTI Worldwide and its office in the Kingdom. DSV acquired UTI Worldwide in January 2016 for a reported $1.35 billion, making it the fourth-largest ...
Private capital investments in conservation have taken off since 2013
Over the past decade, banks, fund managers, and others funneled more than $8 billion into investments aimed at delivering measurable environmental benefits as much as financial returns, according to a new report prepared by the NGO Forest Trends’ Ecosystem Marketplace initiative. The findings of the ...
Lessons from the $2 billion coal mining lawsuit against Indonesia
Indonesia cannot be held liable for $2 billion in compensation sought by Churchill Mining for the revocation of a coal-mining concession, the World Bank’s International Centre for Settlement of Investment Disputes ruled in a Dec. 6 verdict. The tribunal determined that Churchill’s claim to the ...
Minebea opens third plant
Minebea, the largest Japanese company in Cambodia, officially opened a third manufacturing plant in the Phnom Penh Special Economic Zone on December 8 to coincide with the fifth anniversary of its presence in the country. Yoshihisa Kainuma, president and CEO of Mineba (Cambodia), told reporters at ...
Japanese get 3-Year visas
The government decided on December 8 to offer a three-year, multiple-entry visa for Japanese nationals to facilitate and attract more investment and tourists. The decision was made by Prime Minister Hun Sen during the 5th year anniversary of Minibea, a Japanese motor assembly plant at Phnom ...
Affordable housing projects affected as funds dry up
In a serious blow to thousands of would-be home-owners, the construction of affordable homes in Yangon’s Ayeyarwon and Yadanar housing projects has been suspended because the money has run out, government officials say. Urban and Housing Development department director general U Min Htein told The Myanmar ...
CPF acquires China's Cofco Meat Suqian
In its latest big buy, Charoen Pokphand Foods Plc, the SET-listed flagship of agribusiness giant Charoen Pokphand Group, has acquired Cofco Meat Suqian for 976 million baht. Through Chia Tai China Investment Co, an indirect subsidiary of CPF in China, CPF will also take over ...
What does the possible end of the TPP mean for the Mekong Delta projects?
China and Japan remain committed to the region; matter of time before private investment picks up. The future of the U.S.-led Trans-Pacific Partnership agreement looks increasingly unlikely to progress in the wake Donald Trump’s U.S. election victory. And Vietnam, once touted as one of the ...
Thai banks bullish on Vietnam even if Trump scraps TPP
Thai banks in Vietnam believe a large labour force and low wages will still be magnets for trade and foreign direct investment in that country even if the Trans-Pacific Partnership is scrapped in line with US President-elect Donald Trump’s policy. Vietnam is among the 12 Pacific ...
VN firms invest in textile, dyeing
Many textile and garment enterprises are investing in textile and dyeing complexes to ensure material for sustainable development, Vietnam Television reported recently. To avail themselves of business opportunities from the Trans-Pacific Partnership agreement, many textile and garment firms have over the past two years started building textile ...
