Economy and commerce

Private sector investment in Phongsaly province in the far north of Laos has witnessed a slowdown since the economic setback in China driving down the prices of several products. The decline in global demand, particularly in China has discouraged entrepreneurs from that country coming to ...

Health officials are investigating a report that human sperm has been imported into Laos, a senior government official has said. Lao law prohibits the trade of human organs including blood and sperm, Director General of Health Care Department under the Ministry of Health Associated Professor ...

Thaneakea Srov (Kampuchea) Plc, the recipient of a low-interest $15 million loan from the state-run Rural Development Bank, inked contracts on April 24 with three companies to build and outfit its massive 200,000-tonne capacity silo and warehouse facility in Battambang province. The facility, which will have ...

Cambodian startups currently face several regulatory challenges in pursuing growth and profitability, according to three of the Kingdom’s most successful startup founders who shared their experiences over the weekend with the hope to inspire increased innovation and entrepreneurship. A key outtake from the event organised ...

World Bank and government representatives recently signed an agreement for a US$100 million (K134.9 billion) World Bank loan to the Myanmar Financial Development Project in mid-April. The representatives signed the loan for SDR71.700 million, which equals US$100 million, from the World Bank with low interest. Ulrich ...

Expansion of land limits and accumulation of land for large-scale production are expected to be the foundation for the branding of farm produce. Vietnam has become a big farm produce exporter, but most of the products are exported as raw materials and don’t bear a ...

Deputy Prime Minister Vương Đình Huệ has ordered all relevant agencies to publicise the list of equitised State-owned enterprises not listed on the stock market as of December 31, 2016. He issued the order in a meeting on Friday. According to the Ministry of Finance, ...

Ten banks have announced that their combined net profit in the first quarter of this year was Bt55.71 billion, up 8 per cent from the same period of last year, thanks to increases on both interest and non-interest income. Most of their non-performing-loan ratios in ...

At the 47th Annual Global Summit of Public Relations Organisation Worldwide, more than 60 of the world’s leading PR agency owners had a heated discussion over the fate of communications. While many of the pundits had opposing views on Brexit, the Trump presidency, and the apparent ...

The Ministry of Foreign Affairs on Friday hosted a meeting to discuss the outcomes of the three latest summits held under the cooperation frameworks between Laos, Cambodia, Myanmar, Thailand, and Vietnam. The summits included the eighth summit of Cambodia, Laos, Vietnam plus Myanmar or CLMV ...