Industries

A government decision to ax a luxury development project and four others amid opposition from Buddhist monks has left developers wondering if their investments are safe in one of the world’s fastest-growing real-estate markets. Last month the government axed plans for the $300-million Dagon City luxury development. ...

State-owned Transport Co plans to run its first three-country passenger bus service with Laos and Vietnam following the success of its transnational services.  Keep reading ...

Myanmar’s first KFC opened July 7 in the Yangon commercial hub of Bogyoke Aung San Market. Since then, Japanese trading house Sojitz Group announced a partnership with a Myanmar company to provide logistics for refrigerated deliveries of temperature-sensitive foods. Yoma Strategic Holdings, a real estate development conglomerate, ...

Da Nang government, Vietnam, has threatened to shut down the factory of Coca-Cola if it is found to have violated environmental rules, according to media reports. Keep reading ...

Ho Chi Minh City has approved a plan to build a new road through Can Gio Mangrove Forest, a biosphere reserve recognized by UNESCO, in a bid to attract more tourists.  The road will be 17 meters wide and run 3.5 kilometers, which means 18,600 trees ...

At least 500 workers from three garment factories in Cambodia demonstrated on 14 July outside the Labor Ministry in the capital Phnom Penh, demanding that government officials intervene in their quest for better working conditions and food and transportation subsidies. The workers from two factories in Kandal ...

Hoteliers in the resort city have been relying mainly on Chinese tourists after the sharp fall in European tourists, particularly Russians, due to the economic recession in their countries. Locally run Pattaya hotels have faced an oversupply since last year and the situation is getting worse ...

The International Labour Organization (ILO) on Thursday will launch a news bulletin focusing on Cambodia’s garment and shoe sector, aimed at providing data for Cambodian policymakers during annual minimum wage talks.    ILO officials intend on releasing the newsletter four times per year, an ILO chief technical ...

Dutch giant Heineken opened its US$60 million brewery on 12 July, with its locally developed Regal Seven lager beer set to hit store shelves shortly. The brewer will also face the unusual situation of competing against one of its own beers. It owns Tiger beer, but ...

The European Parliament yesterday passed a resolution urging Cambodia’s government to scrap the proposed NGO law, saying the Kingdom could lose $600-700 million annually in development projects if the legislation is passed. It stated the Law on Associations and Non-Governmental Organisations could see the country lose ...