ព័ត៌មាន
20-year-old GMS plans new phase of investment
The Greater Mekong Sub-region development scheme, which celebrates its 20th anniversary this year, is moving forward with a new generation of investment aimed at strengthening connectivity, competitiveness and community over the next decade. The GMS will play a strategic role in connecting Southeast Asia with South ...
http://www.nationmultimedia.com/business/20-year-old-GMS-plans-new-phase-of-investment-30190259.html
Vietnam Airlines builds Mekong hub
Vietnam Airlines outlined expansion at the 4-Code presentation seminar, Wednesday, just prior to the opening of 8th International Travel Expo 2012 in Ho Chi Minh City. The national airline reiterated its commitment at the trade fair to build Vietnam as a major gateway to the other ...
http://www.ttrweekly.com/site/2012/09/vietnam-airlines-builds-mekong-hub/
F&N fits into ThaiBev's long-term global plan, says CEO
Thai Beverage’s stake in Fraser & Neave (F&N) is another piece of the strategic jigsaw as ThaiBev moves to become an international giant, benefiting from the Singapore-based beverage firm’s regional distribution network and management know-how Not only has its beverage business expanded regionally and globally, the ...
Metro looks to Laos, Cambodia for heavy equipment sales
Metro Machinery, the biggest dealer of heavy construction equipment in Thailand, is looking over the borders to Laos and Cambodia, which are exploiting their abundant natural resources and racing to develop infrastructure. The company will on October 9 ink two deals worth Bt1.5 billion each – ...
Lao Dam Breaks Ground
A waterfall has been blasted less than two kilometres from the Cambodian-Lao border, beginning work on another unapproved hydroelectric dam on the Mekong river, environmental group International Rivers claimed yesterday. Pianporn Deetes, the Thailand campaign coordinator for International Rivers, said she had learned of the excavation work, near ...
http://www.phnompenhpost.com/index.php/2012090458484/National-news/lao-dam-breaks-ground.html
Banking in CLMV: Things to know before making an investment
As business opportunities open wider ahead of the launch of the Asean Economic Community (AEC) in 2015, the four less-developed economies, often referred to as CLMV (Cambodia, Laos, Myanmar and Vietnam) are among the most attractive for Thai investors The disparity between CLMV and the three ...
$70 from India for power
India is financing the construction of a US$70 million transmission line to bring electricity from hydroelectric projects in Laos to Cambodia, according to Indian Chamber of Commerce President Debasish Pattnaik. Speaking yesterday after the official launch of the Indian Chamber of Commerce in Cambodia (ICC), Pattnaik ...
http://www.phnompenhpost.com/index.php/2012090358436/Business/70m-from-india-for-power.html
Ministry plans Xayaburi trip
Cambodia has been asked to send a delegation to the site of the proposed Xayaburi hydro-electric dam in northern Laos, Minister of Water Resources and Meteorology Lim Kean Hor said yesterday. Kean Hor, who is also chairman of Cambodia’s National Mekong Committee, said the equivalent body ...
Integration a priority
When deciding what aspects of their economies to prioritise to grow their economies, ASEAN’s less developed countries, Cambodia, Laos, Myanmar and Vietnam (CLMV), should look to the organisation’s oldest members (the ASEAN-6) for guidance, according to a joint statement following the fourth CLMV Economics Ministers’ ...
http://www.phnompenhpost.com/index.php/2012082958333/Business/integration-a-priority-for-asean.html
Xayaburi dam project proceeds as protest grows
In Laos, the construction of controversial hydroelectric dam in Xayaburi province is under way, despite disagreement from its neighbors, Cambodia and Vietnam. The Xayaburi dam project started when the Laotian government and Thailand’s giant construction company, Ch Karnchang Pcl, signed a Memorandum of Understanding in ...
Four Charged in Infantry General's Drug Case
A high-ranking army official, his driver and two others were charged with drug trafficking yesterday following a series of arrests over the weekend and a raid that yielded nearly 5kg of methamphetamine. Questioning of the four by prosecutors at the Phnom Penh Municipal Court finished yesterday ...
ASEAN's newest look for cash
Younger Southeast Asian countries will look for a means of filling the financial gap between poorer mainland ASEAN members and more developed states this week during the 44th ASEAN Economic Ministers Meeting, which kicked off today. At the five-day meeting which Prime Minister Hun Sen was ...
Cambodia creates safe zones for Mekong dolphins
The Cambodian government on Friday said it will limit fishing in a zone in the Mekong River to protect critically endangered freshwater dolphins The Irrawaddy dolphin conservation area will cover a 180-kilometre-long (110 miles) stretch of river from eastern Kratie province to the border with Laos, ...
http://news.xin.msn.com/en/regional/cambodia-creates-safe-zones-for-mekong-dolphins-2
Regional dams threat to fish: study
Thirteen percent of more than 2,500 freshwater species of fish, crabs and plants profiled across the region are under threat of extinction, a report released on Wednesday says. According to an International Union for Conservation of Nature study of freshwater biodiversity in the “Indo-Burma” region, which includes Cambodia, ...
http://www.phnompenhpost.com/index.php/2012082458270/National-news/regional-dams-threat-to-fish.html
Southeast Asian Rice Exporters Eye Cartel to Boost Prices
Southeast Asia’s rice-exporting nations are in talks to create a formal alliance aimed at boosting prices and increasing export revenues, a move that could cause tensions with rice-importing nations. An alliance of Thailand, Vietnam, Cambodia, Laos and Myanmar will aim to share information and cooperate ...
Rice Exporters Eye Cartel to Boost Prices
Southeast Asia’s rice-exporting nations are in talks to create a formal alliance aimed at boosting prices and increasing export revenues, a move that could cause tensions with rice-importing nations. But any bid by the five countries to drive up prices will be a challenge, given previous ...
http://online.wsj.com/article/SB30000872396390444812704577606962232854218.html
Five ink deal to form rice cartel
Five Asean rice-producing countries are joining forces to form a regional alliance with the ambitious goal to boost rice prices by 10% annually. Trade ministers from Thailand, Vietnam, Cambodia, Myanmar and Laos are scheduled to sign the agreement later this year to establish the Asean Rice ...
http://www.bangkokpost.com/business/economics/308931/five-ink-deal-to-form-rice-cartel
IFC seeks more Australian partnerships in emerging markets
INTERNATIONAL Finance Corporation, the private-sector arm of the Washington-based World Bank, has invested $US805 million ($770m) in Australian projects around the world These projects are in 24 countries and in sectors ranging from financial services to infrastructure. IFC is an investor in three Macquarie Group-sponsored infrastructure ...
Laos Dam Construction Going Ahead, Company Says
Thai construction company Ch Karnchang has continued work on the controversial Xayaburi dam in Laos, even as the Lao government has assured other Mekong River nations that the project is postponed pending further environmental studies, the company’s CEO said yesterday. Ch Karnchang’s CEO Plew Trivisvavet told ...
Xayaburi construction forging ahead
Construction of the main structure of the supposedly on-hold Xayaburi dam could begin by the end of this year, the Thai company contracted to build it said yesterday. Ch Karnchang chief executive Plew Trivisvavet said preparatory work at the site of the proposed US$3.8 billion, 1,285-megawatt ...
Work restarts at Xayaburi dam in Laos -project leader
Work has resumed on a controversial $3.5 billion dam across the Mekong River in Laos, its Thai developer said on Thursday, contradicting Laotian assurances it had been suspended following protests over its environmental impact. Laos agreed in December to suspend the Xayaburi dam project and said ...
http://uk.reuters.com/article/2012/08/16/thailand-laos-xayaburi-idUKL4E8JG0Y420120816
India Funds Three-Nation Road
$500-million loan from New Delhi to help build 3,200km highway through Myanmar and linking to Thailand The trilateral highway project will allow freight and container trucks to move across the borders from India to Myanmar and Thailand via Chiang Rai and border towns. It will play ...
http://www.nationmultimedia.com/business/India-funds-three-nation-road-30188145.html
Mekong villagers wary of Xayaburi dam
Fishermen bring their boats to shore, pack away their traps and hand over the day’s catch to their awaiting families on the banks of the Mekong River in Kratie province’s Chitra Borei district. “When my husband arrives home each day, we eat some of what he ...
Thailand Dam Deal Spurs Court Complaint from Thai Villagers
Villagers belonging to a Thai activist group filed a complaint to Thailand’s Administrative Court yesterday for the cancellation of an agreement form the country’s Electricity Generating Authority of Thailand to buy power from a controversial mainstream Mekong dam in Laos, an NGO representative said yesterday. “According ...