Economy and commerce
Investment
Deal to develop QSNCC reached
The Treasury Department has come to an agreement with liquor tycoon Charoen Sirivadhanabhakdi, the owner of N.C.C. Management & Development Co, for the second phase of the upgrade of Queen Sirikit National Convention Center. All issues including investment size, the concession period and the overall trajectory ...
Kingdom’s first abattoir primed for Australian cattle
After a series of technical delays and setbacks, Cambodia’s first industrial slaughterhouse is ready to begin operations and will start production upon receiving its first shipment of 2,000 heads of live Australian cattle in late May, the company behind the project said on 19 April. Ross ...
Chinese-invested giant sugar mill starts operations in Cambodia
Chinese agro firm Rui Feng International Company began operations at its 360-million-U.S.-dollar sugar production factory here on 19 April after spending nearly two years for construction. Cambodian Prime Minister Hun Sen and Chinese Ambassador to Cambodia Bu Jianguo jointly inaugurated the factory, along with a 43,422-hectare sugarcane ...
Cambodia, Laos, Vietnam discuss trade deal
Representatives from Vietnam, Laos and Cambodia gathered Monday in Vietnam’s Central Highlands Dak Lak province to discuss an agreement on trade promotion. The CLV Development Triangle Area covers four Cambodian provinces (Ratanakiri, Stung Treng, Mondulkiri, Kratie), four Lao provinces (Attapeu, Salavan, Sekong, Champasak), and five Vietnamese ...
Viettel to invest $1.5b in Myanmar
The Government of Myanmar has granted a licence to Việt Nam’s military-run Telecommunications Group to invest in building a modern telecommunication network across the country. Keep reading ...
The Dawei Special Economic Zone in Myanmar
Thailand and Myanmar signed a memorandum of understanding (MoU) in 2008 to develop the DSEZ; one the three special economic zones in the country expected to stimulate growth by drawing in foreign investment. About eight years later work on the DSEZ has been minimal. On the ...
Mon armed group seeks talks with prospective investors
Nai Win Hla, an executive committee member of the New Mon State Party, said Mawlamyine Cement Limited inked a deal with the Mon State government in Myanmar to build a cement factory, and then built a coal-fired power plant inside the compound without local residents’ knowledge. ...
No more land concessions in Champassak
No more state land will be released under concession for planting rice, coffee, rubber, cassava or maize in Champassak province, as most areas suited to agriculture are already being utilised. Champassak agricultural authorities in Laos advised that prospective investors should go to the province of Saravan ...
Bid forms for SEZs set for next week
Companies interested in developing state land into special economic zones in Trat, Mukdahan and Nong Khai provinces can buy the bid documents between April 11 and 19, says the head of the Treasury Department in Thailand. SEZ development is a major government policy aimed at boosting investment ...
SME sector faces risks and reward under NLD
Myanmar’s small and medium enterprises will face both opportunity and risk under the incoming National League for Democracy government, industry observers say. In particular, anexpected increase in foreign direct investment could separate the strong from the weak. Keep reading ...
