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ASEAN easing stance on China's maritime encroachment
As leaders of Southeast Asian nations prepare to meet for an annual summit starting Wednesday, their collective stance against China’s territorial ambitions appears to have grown markedly softer, reflecting delicate balancing acts by countries vying for economic assistance from Beijing.Keep reading ...
China slowdown affects Phongsaly investment
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 ...
Startups discuss local challenges
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 ...
Publish list of unlisted, equitised SOEs: deputy PM
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 see profits rise 8%
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 ...
Public relations firms coming to terms with communication revolution
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 ...
Gov't seeks to realise outcomes of sub-regional summits
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 ...
Bringing startups to Cambodia
Confluences Asia, a Cambodia-based consulting and advisory firm, recently helped launch its second startup in Cambodia with Portuguese e-ticketing firm Last2Ticket. The Post’sMatthieu de Gaudemar sat down with Soreasmey Ke Bin, managing director of Confluences, to discuss the Kingdom’s appeal to foreign firms and startups. ...
Chinese equipment maker eyes Cambodia
Sany Heavy Industry, one of the biggest manufacturers of heavy construction machinery in China’s Hunan province, plans to expand in Cambodia to tap into rising infrastructure development. Zhou Wanchun, vice president and chairman of Sany International headquarters in Hunan, said during a China-ASEAN media tour ...
Foreign ministers of US, ASEAN to meet in May
The U.S. Department of State on April 20 said Secretary of State Rex Tillerson will chair a meeting with his counterparts from the Association of Southeast Asian Nations, to be held on May 4 in the U.S. capital. The foreign ministers will discuss China’s maritime aggression ...