Cambodia Morning News For June 9

Cambodia Morning News For June 9

Tackle issues early to ensure growth: IMF official Cambodia stands to benefit from an uptick in global and regional economic growth but will need to diversify its economy, improve infrastructure and reduce obstacles to doing business if it is to continue on its impressive growth track, a visiting International Monetary Fund (IMF) official said yesterday. […]

Indonesia Morning News For June 9

Indonesia Morning News For June 9

Soekarno – Hatta Airport Train to Miss Initial Launch Target Transportation Ministry said that the Soekarno – Hatta Airport Train will miss its initial launch target of July this year. The ministry’s Director General of Train Prasetyo Boeditjahjono said he could not confirm when the airport train will operate. — Tempo.co Glove mold manufacturer eyes […]

Philippines Morning News For June 9

Philippines Morning News For June 9

Philippines Eyes $2B Storage Facility For LNG Imports The Philippines aims to build a $2-billion receiving and distribution facility for imported LNG, as it seeks to replace depleting domestic gas reserves that now produce a fifth of its power, the energy department said. — Reuters House plans takeover of casino, lotto licensing The House of […]

Philippines Morning News For June 8

Philippines Morning News For June 8

Low prices to pile more pressure on beleaguered nickel miners Global nickel miners are coming under renewed pressure to cut costs or close capacity as a flood of cheap ore pushes prices to one-year lows, with analysts seeing little prospect of recovery. — Daily Times BPI systems glitch sparks depositors’ outrage AYALA-led Bank of the […]

Lao Morning News For June 8

Lao Morning News For June 8

‘Wombs for rent’ business flourishes in Laos Dozens of fertility clinics have mushroomed in land-locked Laos after scandals over commercial surrogacy have spurred wealthier southeast Asian neighbours to ban the controversial procedure since 2015. — Channel News Asia Dam resettlement site gets electricity A new settlement for villagers displaced by the soon-to-be-finished Lower Sesan II […]

Cambodia Morning News For June 8

Cambodia Morning News For June 8

Dollar use hurting national economy Dollarisation in Cambodia’s economy remains very high, leading to increased local costs and reducing the appeal of the Kingdom’s exports, Chea Serey, director general of the National Bank of Cambodia (NBC), said at a business conference in Phnom Penh yesterday. — The Phnom Penh Post Reps suspended after garment workers […]

Lao Morning News For June 7

Lao Morning News For June 7

Concerned groups condemn Laos’ planned Pak Beng dam A damning review of plans for the controversial Pak Beng hydropower dam on the Mekong River in Laos was released this week by US-based advocacy group International Rivers, adding weight to calls for the project to be halted until new impact assessment studies are completed. — Eco-Business […]

Cambodia Morning News For June 7

Cambodia Morning News For June 7

Bank services VAT seen as ‘inefficient’ Banking sector leaders have expressed concern over a new government decree that places additional fees on financial services, warning that the costs of what some have described as an “impractical and inefficient” tax would likely be passed along to consumers. – The Phnom Penh Post Acleda Bank reports $28M […]

Philippines Morning News For June 7

Philippines Morning News For June 7

Philippines halts workers’ deployment to Qatar The Philippines on Tuesday halted the deployment of workers to Qatar as the gas-rich Gulf state grappled with a diplomatic crisis after its neighbours cut ties with Doha. — The Daily Star ECOP pushes for 10-day ‘must’ leave for small firms’ workers The Employers Confederation of the Philippines (ECOP) […]

Dopper: Indonesia Special Forces Extreme Live Fire Training Video

You don’t get to be ranked Asia-Pacific’s number one military might by sitting back and watching the rice grow. Indonesia’s well-equipped land, sea, and air force is complimented by formidable special forces troops who undergo rigorous training, including with live ammunition. Among the Indonesia special forces forming its land sea, and air forces are: Bravo Detachment 90, Denjaka, Detachment 88, […]

Lao Morning News For June 6

Lao Morning News For June 6

Central Bank: PS must return money to investors The Bank of the Lao PDR has announced that PS-Agriculture and Industry Development Import and Export Co., Ltd must return money to individuals who have invested in the company. — Vientiane Times Central Bank Tells PS Lao Enterprise to Stop Illegal Fundraising The Bank of the Lao […]

Cambodia Morning News For June 6

Cambodia Morning News For June 6

Western policies may slow growth Long-term growth prospects for developing economies, including Cambodia, will continue to be undermined by a lack of investment as well as the risk of increased protectionist policies by the United States, which could hamper the growth of commodity-driven economies, according to a new report released on Sunday. — The Phnom […]

Philippines Morning News For June 6

Philippines Morning News For June 6

World Bank sees steady 6.9% Phl GDP growth The World Bank expects a steady economic growth for the Philippines until next year, driven by public and private investment. — The Philippine Star Tax bill passage credit-positive for PH – Moody’s The passage of the first package of the proposed Comprehensive Tax Reform Program (CTRP) in […]

Vietnam Morning News For June 5

Vietnam Morning News For June 5

HCM City authorities act as rumours threaten to cause property bubble Prices in HCM City have increased by 30-70 per cent, reaching up to VNĐ20million (US$900) per square metre in some places. — Viet Nam News State treasury raises 5.9 trillion VND from government bonds The State treasury has successfully raised 5.9 trillion VND (260 […]

Lao Morning News For June 5

Lao Morning News For June 5

Private sector urged to get involved with infrastructure development Infrastructure development under the Build-Operate-Transfer (BOT) model is taking shape in Laos as the government requires huge capital investment to improve road networks and other facilities. — Vientiane Times Phu Bia Mining Expects to Produce 90, 000 Tonnes This Year Phu Bia Mining Company’s Phu Kham […]