Economy and commerce
Investment
The bully playing games with border trade
Restrictions on border trade with China are a big headache for many Myanmar merchants. China officially bans most rice imports from Myanmar, for example, but its border officials often turn a blind eye to the trade. In early February though the Chinese authorities launched a crackdown ...
Sithu Aung Myint
Provincial Lawmakers in Laos Call for More Scrutiny of Foreign Firms
Lawmakers in Laos are urging the government to be stricter on foreign business entities in the country in an effort to protect the environment and protect the livelihood of the people. Khamsaphone Xayavong, a member of parliament from Oumxay district, Oudomxay province in northern Laos, called ...
Chinese investment in Southeast Asia is plummeting
China-funded infrastructure projects in Southeast Asia have plunged in the past year as foreign governments grow wary of Beijing’s overseas investments. The value of newly announced big-ticket deals in the region – investment commitments and construction contracts worth more than $100 million – dropped just ...
The Hidden Environmental Toll of Mining the World’s Sand
By far the largest mining endeavor globally is digging up sand, mainly for the concrete that goes into buildings. But this little-noticed and largely unregulated activity has serious costs — damaging rivers, wreaking havoc on coastal ecosystems, and even wiping away entire islands. In Cambodia, researching ...
Brexit could put 1.7 million people around globe into extreme poverty
It’s a long way from Whitehall and Brussels, but a study has found that the developing country that will be hardest hit by Brexit is the south-east Asian nation of Cambodia. With the deadline to reach a Brexit agreement looming in March, much attention has been given to ...
China’s Six Belt and Road Projects in Myanmar to Watch in 2019
The Myanmar government recently agreed to begin work on key projects under the China-Myanmar Economic Corridor (CMEC) agreement which is part of Chinese’s ambitious Belt and Road Initiative. Experts, including voices from the World Bank, have pointed out that Myanmar’s growth will largely depend on ...
Long An maintains top position in FDI attraction in Mekong Delta
The Mekong Delta province of Long An last year issued licenses to 90 new foreign direct investment (FDI) projects with a combined capital of 450 million USD, thus maintaining its leading position in FDI attraction in the region, according to local authorities. Statistics also show that ...
Lancang-Mekong Cooperation could play bigger role in regional river protection, development
Lancang-Mekong Cooperation (LMC) could play a bigger role in the protection and development of the Lancang-Mekong river, Cambodian experts and officials said in recent interviews with Xinhua. Te Navuth, secretary general of the Cambodia National Mekong Committee (CNMC), said that for Cambodia, the main concerns over ...
The world, built by China
China envisions a vast global network of trade, investment and infrastructure that will reshape financial and geopolitical ties — and bring the rest of the world closer to Beijing. In data story it outlines the geographic scope of China’s ambitious investments across the world. Read more. ...
Myanmar gets more foreign investment than any other poor nation
Myanmar attracted the most foreign direct investment of any of the world’s so-called “least developed countries” in 2017, even as the nation’s reputation plummeted over its forced expulsion of tens of thousands of Rohingya Muslims. The $4.3 billion worth of realized FDI that went into ...
