News
Minister urges move toward sustainable seafood sector
Vietnam’s Agriculture Minister Cao Duc Phat said yesterday that localities nationwide need to step up efforts to ensure sustainable aquaculture, especially of key products like shrimp and tra fish. Addressing a conference held in the Cuu Long (Mekong) Delta province of Bac Lieu to review two ...
Fuel tax delayed after pump protest
Provincial administration organisations (PAOs) in Thailand’s three southern border provinces have agreed to delay imposing a new local tax on fuel sales, which led to a brief protest by local pump stations 13 July. Motorists in Pattani, Yala and Narathiwat were left high and dry after most ...
Germany considers renewables funding
Germany’s development bank is considering expanding its investments into Cambodia’s renewable energy and agriculture sectors, a visiting German parliamentarian told the president of Cambodia’s Senate last week. Thomas Gambke, chairman of the ASEAN Parliamentary Group in the German Parliament, met with Cambodian Senate President Say Chhum ...
Rules passed for derivatives
Cambodia has moved to formalise its ill-regulated derivatives sector by launching a key regulation earlier this month. On July 2, the Securities and Exchange Commission of Cambodia (SECC) approved the prakas on the “Licensing and Supervision of Derivative Trading”. The prakas regulates the sector by allowing individuals ...
Shelling sends civilians fleeing in Shan State
More than 100 people from Kaung Kha village in Muse Township have fled their homes after artillery shells were fired into the settlement on 13 July, reportedly leaving one person dead and two others injured. The displaced villagers told The Irrawaddy that the artillery bombardment began ...
Cambodia: National Assembly passes controversial NGO law
On 13 July the National Assembly passed the controversial NGO law, amid a boycott by the opposition and street demonstrations against the widely criticised legislation. After almost four hours of speeches commending the legislation and criticising their absent opposition counterparts, 68 Cambodian People’s Party lawmakers voted ...
Two hurt in “land grab” incident at Vietnam-S’pore industrial park
Vietnamese news have reported that two persons, including a 54-year old woman, have been injured in what is described as an anti-land grab protest on 10 July at a Vietnam-Singapore industrial park. The 150-hectare park is a collaboration between Singapore’s Government-linked Sembcorp Development and Vietnam’s Becamex IDC. A video ...
Vietnam leads emerging market greenfield FDI performance index
Vietnam has topped a performance index for greenfield foreign direct investment, leading all other emerging markets by a wide margin. The southeast Asian country ranked number one in a study by fDi Intelligence, an FT data division, which looked at inbound greenfield investment since 2003 relative ...
Myanmar navy rescues 102 boat people
The Myanmar navy has rescued more than a hundred Bangladeshi boat people from an islet near the country’s southernmost region, an official report said on 14 July. They were left on the small islet in early June and the Myanmar navy is searching the area for ...
KBank, Aeon connect in Laos
Kasikornthai Bank in Laos has extended loans and offered financial management services to Aeon Leasing Service (Lao) to support its retail and motorcycle-financing business there. Both parties are also ready to jointly develop payment channels and other innovative services in a bid to assist Thai investors ...
