News

Relief teams, donors struggle to reach hardest-hit regions in Myanmar floods

Floodwaters began to subside in some hard-hit areas of the country yesterday but relief workers were still struggling to reach the hundreds of thousands of people affected, including tens of thousands of displaced. Stranded communities in Rakhine State and Magwe Region told The Myanmar Times they ...

Myanmar Government trumpets pledges from China

Amid accusations that it caved in to Chinese pressure, the government has been at pains to show that its release in a presidential amnesty last week of 153 Chinese illegal loggers was accompanied by a number of pledges it has managed to extract from Beijing. The ...

PNG frees Myanmar and Cambodia ‘slaves’ from fishing boat

Papua New Guinea Prime Minister Peter O’Neill yesterday pledged his nation’s support in tackling human trafficking as he confirmed the seizure of a boat carrying alleged slaves from Myanmar and Cambodia. Mr O’Neill said the eight people were rescued from the fishing boat Blissful Reefer. Keep reading ...

UN warns Myanmar flood toll likely to increase

The toll from flooding and landslides after days of torrential rain is likely to rise, the United Nations has warned, as monsoon downpours brought misery to thousands across the region. At least 21 people have been killed and more than 150,000 affected by flooding across 12 ...

China manufacturing index hits two-year low: survey

A key gauge of Chinese manufacturing activity plunged to a two-year low in July, an independent survey has showed, the latest data suggesting the world’s second-largest economy faces challenges in the third quarter. The final reading of Caixin’s Purchasing Managers’ Index came in at 47.8 for ...

Foreigners flee Thai stocks

Foreign investors are selling Thai stocks at the fastest pace this year as the nation’s military government struggles to deliver on pledges to revive economic growth. Overseas funds unloaded a net $774 million of Thai shares in July as the benchmark Stock Exchange of Thailand Index ...

Jungle Vegas: How China's gamblers are pouring into a casino in Laos' notorious Golden Triangle

Kings Romans, a Chinese-owned casino complex in Ton Pheung district, Bokeo, is the centrepiece of a 10,000-square metre “Golden Triangle Special Economic Zone” set up by communist-ruled Laos with investment from its giant neighbour. The other Golden Triangle nations, Thailand and Myanmar sit just across river, ...

Vietnamese workforce optimistic about ASEAN common market, survey shows

Up to 92 percent of Vietnamese professionals see the establishment of the regional ASEAN Economic Community (AEC) as a good opportunity to develop their career, according to a recent survey conducted by recruitment firm VietnamWorks.   As many as 52 percent of the respondents believe they will ...

Tusk thieves threaten Vietnam’s fast dwindling domesticated elephants

Several mahouts have been taking turns to look after a 20-year-old male elephant around the clock since it had a tusk almost cut off by some thieves on 14 July. “We used to be worried about elephants accidentally getting caught in traps set by poachers in ...

Over US$180 million invested at That Luang Marsh project, Laos

Over US$180 million has been spent so far on building infrastructure facilities and condos at That Luang Marsh Specific Economic Zone (SEZ) in Vientiane, officials in charge of the project have said. Construction began in December 2012, with the US$1.6 billion project being developed as a ...

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