News

Chinese port project could land Myanmar in debt trap

The Myanmar town of Kyaukpyu, nestled around a small fishing port on the Bay of Bengal, has the air of a place expecting to get rich soon. In the market, stalls of seafood unloaded from wooden fishing boats have been joined by stacks of Chinese-made ...

Families, authorities reach relocation deal

Locals and authorities came to a relocation agreement on January 23 after some 100 villagers, representing about 200 families living on a riverbank in Kampong Chhnang province protested on Sunday to demand proper compensation after they were told they must move to pave the way for ...

As labourers leave Myanmar delta, farmers struggle to mechanise

On a recent November morning, farmer U Soe Myint Aung was busy collecting rice from his harvester and loading it into bags. It is heavy work but still he knows he is lucky; with 17 acres of paddy field situated along a road in Kwinyar village, ...

Makkasan land deal derails

The Finance Ministry has backed away from developing the 500-rai Makkasan plot owned by the State Railway of Thailand under a debt-for-land deal with the rail agency. The State Enterprise Policy Commission, or the superboard, earlier agreed to a proposal that the SRT lease the Makkasan ...

Rojana keeps muted outlook for next year

SET-listed Rojana Industrial Park Plc (ROJNA) expects flat sales of land next year as the weak economic outlook persists and curbs investment, says independent director Amara Charoengitwattanagun. She said land sales in 2017 will remain at 400-500 rai, below the target of 500-600 rai announced ...

Sepo urges SRT land development

The State Enterprise Policy Office says land development of 39,000 rai held by the debt-ridden State Railway of Thailand could offer a quick solution. Director-general Ekniti Nitithanprapas said SRT, one of the biggest landlords in the country, has holdings that are ideal for commercial development. Some ...

Cambodia leads pack for landmine clearance efforts

Cambodia has cleared more square kilometres of landmines than any other country over the past year, according to a new report by the International Campaign to Ban Landmines, but is still unlikely to meet its goals in coming years. At 46.5 square kilometres, Cambodia’s demining ...

Steel firm mulls factory in SSEZ

A Chinese steel company is in talks with Sihanoukville Special Economic Zone to set up an industrial facility in the zone, a marketing executive said on November 19. Gu Xia, section chief of SSEZ’s marketing department, said the Chinese company was currently reviewing the land ...

UXO caches uncovered in both Kandal, Pailin

Caches of unexploded ordnance were recovered in both Pailin and Kandal provinces on November 5 in what was a busy weekend for the Cambodian Mine Action Centre. Twelve DK-82 mortar rounds and two B-41 rocket-propelled grenades were unearthed by canal workers digging behind the Pailin ...

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