Funds needed for hi-tech agriculture

Agricultural productivity and quality should be increased by investing more in innovation and strengthening links between all stakeholders, including farmers, enterprises and research institutes, experts say. At a seminar held in Hà Nội on Tuesday, they also said that access to land, capital and markets were ...

Japan's Daiwa to buy into Myanmar internet provider

Daiwa Securities Group will invest nearly 700 million yen ($6.26 million) in Myanmar internet service provider Frontiir with the hope of cashing in on abundant growth potential. Daiwa PI Partners will purchase newly issued shares, obtaining a stake of nearly 10%. Founded in 2013, the ...

Demarcation complete, Luang Prabang eyes investment to push SEZ project ahead

Development of a US$1.2 billion special economic zone (SEZ) in Luang Prabang province has faced delays attributed to project demarcation now completed while its developer seeks further investment and financial backing. The plans for the zone include a 23-storey building, schools, hospitals, shopping centre, bank, ...

China’s squeeze on capital outflow felt in Cambodia

Stringent capital controls imposed by China’s central bank last November that scrutinise the outbound flow of money from the mainland have created uncertainty for Chinese investors looking at the Cambodian market and could jeopardise future and existing projects.Read more ...

Land-locked Laos on track for controversial China rail link

Construction of a 414 km railway line linking China to mainland Southeast Asia through Laos is underway in Phonesai village, about 30km north of Luang Prabang, the country’s ancient former capital and modern-day tourism center. A workers’ dormitory has been built under a banner in ...

Academics warn that China rail project could lead to bankruptcy

Academics have cautioned that the Bangkok-Nakhon Ratchasima high-speed train project could end in bankruptcy and fail to develop sought-after technology in Thailand. Chulalongkorn University yesterday held an academic forum on the controversial Thai-Chinese partnership, with many academics saying they believed that the government had not completely ...

Costs set to torpedo Krabi power deals

The auction results that awarded three private companies contracts to build a Krabi coal-fired power plant and deep-sea port are expected to be revoked after delays pushed construction costs higher. The Electricity Generating Authority (Egat) may have to open a new bid if the new environmental ...

Platform to unify online trading on CSX

A central online trading platform expected to launch by the end of the year will allow investors to trade securities listed on the local stock market using a desktop computer or smartphone.Lamun Soleil, director of market operations at the Cambodia Securities Exchange (CSX), said the ...

Hai Duong calls for hi-tech agricultural investment

The northern province of Hải Dương will create favourable conditions and offer preferential policies for businesses investing in high-tech agriculture, post-harvest preservation, slaughterhouse construction and production chain development, provincial authorities said.Keep reading ...

China eases restrictions for investment in free-trade zones

China has removed 27 restrictions in its new list of negatives for foreign investment in its free-trade zones, according to a cabinet notice issued on Friday.Chinese leaders have pledged to open the world’s second-largest economy wider to foreign investors, but a negative list is in ...

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