Tackle issues early to ensure growth: IMF official Cambodia stands to benefit from an uptick in global and regional economic growth but will need to diversify its economy, improve infrastructure and reduce obstacles to doing […]
Soekarno – Hatta Airport Train to Miss Initial Launch Target Transportation Ministry said that the Soekarno – Hatta Airport Train will miss its initial launch target of July this year. The ministry’s Director General of […]
Philippines Eyes $2B Storage Facility For LNG Imports The Philippines aims to build a $2-billion receiving and distribution facility for imported LNG, as it seeks to replace depleting domestic gas reserves that now produce a […]
Low prices to pile more pressure on beleaguered nickel miners Global nickel miners are coming under renewed pressure to cut costs or close capacity as a flood of cheap ore pushes prices to one-year lows, […]
‘Wombs for rent’ business flourishes in Laos Dozens of fertility clinics have mushroomed in land-locked Laos after scandals over commercial surrogacy have spurred wealthier southeast Asian neighbours to ban the controversial procedure since 2015. — […]
Dollar use hurting national economy Dollarisation in Cambodia’s economy remains very high, leading to increased local costs and reducing the appeal of the Kingdom’s exports, Chea Serey, director general of the National Bank of Cambodia […]
Concerned groups condemn Laos’ planned Pak Beng dam A damning review of plans for the controversial Pak Beng hydropower dam on the Mekong River in Laos was released this week by US-based advocacy group International […]
Bank services VAT seen as ‘inefficient’ Banking sector leaders have expressed concern over a new government decree that places additional fees on financial services, warning that the costs of what some have described as an […]
Philippines halts workers’ deployment to Qatar The Philippines on Tuesday halted the deployment of workers to Qatar as the gas-rich Gulf state grappled with a diplomatic crisis after its neighbours cut ties with Doha. — […]
You don’t get to be ranked Asia-Pacific’s number one military might by sitting back and watching the rice grow. Indonesia’s well-equipped land, sea, and air force is complimented by formidable special forces troops who undergo rigorous training, including […]
Central Bank: PS must return money to investors The Bank of the Lao PDR has announced that PS-Agriculture and Industry Development Import and Export Co., Ltd must return money to individuals who have invested in […]
Western policies may slow growth Long-term growth prospects for developing economies, including Cambodia, will continue to be undermined by a lack of investment as well as the risk of increased protectionist policies by the United […]