Economy and commerce
Investment
Thailand forever altered as King Bhumibol Adulyadej dies
After seven decades, the longest-serving monarch in the world has died. Southeast Asia Globe looks back at King Bhumibol Adulyadej’s reign. Thailand’s King Bhumibol Adulyadej, the longest-reigning monarch in the world and the ninth ruler in the unbroken Chakri dynasty, is dead. A reign that ...
Vietnam contributes to dynamic, prosperous Mekong sub-region
Vietnam has been making practical contributions to turning the Mekong sub-region into a dynamic and prosperous economic area via CLMV and ACMECS cooperation framework, Deputy Prime Minister and Foreign Minister Pham Binh Minh has affirmed. As the 8th Cambodia-Laos-Myanmar-Vietnam Summit, the 7th Ayeyawady-Chao Phraya-Mekong Economic Cooperation ...
Judges and rice: Cambodia's expanding reliance on China
Cambodia is rapidly expanding its diplomatic affair with China. Early last week it appealed to Beijing for help amid plunging rice pricesand then three days later Phnom Penh signed an MoU seeking Chinese assistance in overhauling its much maligned judiciary. The memorandum of understanding allows China ...
Chinese president to touch down in Cambodia as nations consolidate ties
Cambodia is edging increasingly close to China, as the superpower lavishes aid on the ASEAN nation that has proved a robust ally in the South China Sea dispute. Chinese President Xi Jinping will arrive in Cambodia tomorrow for a two-day official visit, consolidating a far-reaching relationship ...
Airbus to marshal its satellites against deforestation
One of the world’s largest aerospace companies is enlisting its satellites in the fight to save forests. That’s the aim of Starling, a new service developed by Airbus Defence and Space, nonprofit The Forest Trust and remote-sensing specialist SarVision. Food giants Nestlé and Ferrero, two of the ...
Govt gives green light to Vientiane province cement production
The government has agreed to allow Vientiane Hongshi Saythirath Cement Co., Ltd to excavate lime and construct a cement factory in Vientiane province after the developer completed feasibility studies. The agreement was signed in Vientiane on October 12 on behalf of the government by Deputy Minister of ...
Kayah residents protest planned Pwunchaung dam
About 500 residents of Bawlakhe township, Kayah State, on October 11 protested plans to build a dam on Pwunchaung Stream, as water and soil examination continues. Transparency and environmental impact are the major concerns for the protestors, who already sent letters to the president and state ...
Formosa Plastics taps India, Southeast Asia for growth
Taiwan’s Formosa Plastics, the island’s largest maker of key plastic materials, on Tuesday said it wanted to aggressively expand in India, Southeast Asia, Middle East, and Africa to lower its dependence on China, which has been mired in a prolonged supply glut. “We are aiming to ...
Textile & garment companies still attract foreign investors
Though growth in investment in the textile & garment sector has slowed down, it is still attractive in foreign investors’ eyes. The years 2014 and 2015 witnessed the massive landing of foreign textile & garment enterprises in Vietnam. In 2015 alone, $2 billion worth of foreign ...
China downplays reports of sharing river waters with India
Playing down official media reports mooting a mechanism to share Brahmaputra river waters with India, China on October 10 said Beijing and New Delhi have “effective” cooperation to share data of the river flow and it is willing to continue it. “China and India have appropriate ...
