Investment

Tokyo Electric Power Co. Holdings will team with Toshiba to manage power grids in Cambodia, hoping to secure a new earnings source as the utility grapples with soaring cleanup costs for the Fukushima nuclear plant disaster. T.T. Network Infrastructure Japan, a joint venture between Tepco and Toshiba, ...

Sales of air conditioners and fruit in HCM City soared in recent days as a heat wave hit the area. Over the weekend, Nguyễn Kim, one of the largest chains of electronics stores in the city, was packed with customers looking for air conditioners, fans ...

The central province’s environmental department has ordered three titanium exploitation companies to suspend operations, which have continued for the last three years despite expired licences. The three companies – Mỹ Tài Co Ltd, Tấn Phát Co Ltd and Ban Mai Production & Commerce Co Ltd ...

Some bad elements have taken advantage of the marine environment disaster in the central region last year to instigate some local Catholics to cause social disorder. Their purpose is to cook up a story about what they call “religious and democratic suppression”, create an image of ...

Vietnam is a large cosmetics market with turnover of $1.1 billion last year, but there is now little room for Vietnamese manufacturers. The founder of La House, a cosmetics brand, has complained about the difficulties of opening shops at large shopping malls. The owners of malls ...

The Cambodian economy continues to be resilient in the midst of global uncertainty, with a healthy GDP growth of seven percent, and with further prospects for improvement, said Prime Minister Hun Sen in his Khmer New Year address to the nation on April 12. “Despite all ...

Prime Minister Prayut Chan-o-cha will attend the ASEAN summit in Manila on April 29 to discuss community building as well as regional and global issues, the Foreign Ministry said on April 12. Various regional security matters, including the contentious South China Sea disputes, and the ...

Police on April 12 arrested Pasit Ariyalapit, known as “Shogun”, the founder and chief executive of food supplement firm WealthEver, which has been accused of cheating more than 1,000 people who were promised a three-day Songkran trip to Japan but were left stranded at Suvarnabhumi ...

Cambodia and Vietnam made progress toward ambitious economic targets after trade between the countries rose 21.2 percent in the first two months of this year, worth about $624.1 million. Thach Du, Vietnamese ambassador to Cambodia, told local media his nation was Cambodia’s third largest trade ...

ASEAN is working to enhance cooperation between ASEAN member states in the area of cultural heritage protection, following new guidance from the bloc’s leaders. Deputy Secretary General of ASEAN for the ASEAN Social-Cultural Community, Mr Vongthep Arthakaivalvatee, told the media about the progress made on the ...