News
Fibre, yarn exports surge over last 7 months
Over 341,000 tonnes of fibre and yarn were shipped abroad for $933.4 million in the first half of this year alone, up 18.5 per cent in volume and 29.47 per cent in value, according to the General Department of Customs. Keep reading ...
Gas discovered at Block A-6 offshore well in Southern Rakhine
Gas has been discovered at a deep water exploration well in Block A-6 of the Southern Rakhine Basin in the Bay of Bengal, according to government officials and statements made by operators of the block. Gas was tested to be flowing at 50 million cubic ...
Early floods threaten Mekong rice fields
Early season flooding and heavy rainfall have severely damaged thousands of hectares of rice fields in the Mekong Delta province of Long An. Water levels in the province hit 2.37m on August 4, 1.53m higher than the previous year’s figure. Water levels rose approximately 5-10cm ...
FMs welcome move to marry ASEAN vision with UN agenda
ASEAN Foreign Ministers (FMs) have welcomed the initiative to combine ASEAN Community Vision 2025 with the UN’s 2030 Agenda for Sustainable Development, saying this should be accorded top priority.Keep reading ...
China may sell electricity to Myanmar amid warming ties
Energy-hungry Myanmar is in initial talks to buy electricity from China, according to officials and documents reviewed by Reuters, in the latest sign of warming ties with Beijing under leader Aung San Suu Kyi. Since taking office in April last year, Ms Suu Kyi has sought ...
Flooding continues in 10 provinces
Flooding continues to make life miserable for people in parts of 10 provinces, mostly in the Northeast, the disaster prevention and mitigation chief said on Wednesday. Chatchai Phromlert said 251,873 families in 4,609 villages were affected and 14 people had died as a consequence of flooding ...
Chinese company keen to develop special economic zone in Champassak
The government has given the green light for a Chinese company to conduct a feasibility study on developing the Khonphapheng Special Economic Zone (SEZ) in Champassak province. The Chinese company had informed authorities that it wants to invest US$10 billion to develop the SEZ, the ...
VN, neighbours discuss migrant work
Ensuring social security, knowledge and stable incomes for workers is a top priority for Cambodia, Laos, Myanmar, Thailand and Việt Nam, Deputy Minister of Labour, Invalids and Social Affairs, Doãn Mậu Diệp, said yesterday. He spoke at the opening of a Senior Officials Meeting (SOM) ...
Forty Chinese banks found in violation of interbank rules
China’s central bank has found 40 banks in violation of interbank account regulations and have ordered them to rectify the problem within three to six months, financial magazine Caixin reported on Tuesday, citing a document. Read more ...
Big Four firm hails Belt and Road as a “global game changer”
A recent report from a multinational professional services firm praises China’s Belt and Road Initiative (BRI) as transcending beyond initial expectations by extensively boosting trade and commerce and supporting both physical and social infrastructures. It urged foreign businesses to join the game. The report Repaving ...
