Cambodia Morning News For August 10

Cambodia Morning News For August 10

Agencies to send maids to Hong Kong The Cambodian government has selected six agencies to facilitate sending domestic workers to Hong Kong – with one saying they will begin sending maids by the end of the year – though rights groups yesterday warned of potential exploitation and abuses. — The Phnom Penh Post Ministry Vows […]

Myanmar Morning News For August 10

Myanmar Morning News For August 10

Unbanked population drives cards boom THE LARGE number of Myanmar people without bank accounts creates room for growth in the use of cards and e-wallets in the country over the next few years, bankers said at the recent Myanmar Banking and Payments Conference organised by Sphere Conferences. — Eleven Myanmar Yangon receives mobile power generator […]

Vietnam Morning News For August 10

Vietnam Morning News For August 10

Vietnam’s industrial park occupancy rate reaches almost 73% The occupancy rate of 223 industrial parks (IPs) currently in operation in Vietnam has reached 73%, according to a report released by the Ministry of Planning and Investment. — Nhan Dan Vietnam seeks windfall selling $7-billion brewery in slices Vietnam’s plan to sell its Saigon Beer Alcohol […]

Cambodia Morning News For August 9

Cambodia Morning News For August 9

Cambodia’s exports to Japan up 4.5 percent in H1 Cambodian exports to Japan totaled 591 million USD between January and June, a 4.5 percent increase compared to the same period last year, according to the Japan External Trade Organisation (JETRO). — VietnamPlus In Japan, Hun Sen Guarantees ‘Peace, Security’ for Investors Prime Minister Hun Sen […]

Myanmar Morning News For August 9

Myanmar Morning News For August 9

Myanmar expects double growth in US investment INVESTMENT by American companies in Myanmar could be double in three years thanks to the government’s efforts to boost bilateral economic ties, said Aung Naing Oo, director general at the Directorate of Investment and Company Administration and secretary of Myanmar Investment Commission. — Eleven Myanmar Myanmar: Tet Lann […]

Vietnam Morning News For August 9

Vietnam Morning News For August 9

Auto sale down 6 percent in seven months The total automobile sales in the first seven months of 2017 went down 6 percent year-on-year to 154,930 units, the Vietnam Automobile Manufacturers’ Association (VAMA) reported on August 8. — VietnamPlus Vietnam Defends Uber’s 2 Percent Tax, Rejects Taxi Complaints Uber’s travails in the U.S. and Europe […]

Cambodia Morning News For August 8

Cambodia Morning News For August 8

Government Digs Into Tax Returns of NGOs, Cambodia Daily Prime Minister Hun Sen’s Cabinet recommended a new investigation into alleged unpaid payroll taxes at civil society organizations on Friday, according to notes from the meeting. — The Cambodia Daily (paywall) Cambodia’s garment exports grow at slower pace in first half Cambodia’s garment exports grew at […]

Myanmar Morning News For August 8

Myanmar Morning News For August 8

Bond trading needed to deepen capital markets and boost economy Currently, there is no corporate bond market in Myanmar, and, up until recently, Government Treasury Bonds were auctioned by the government to local financial institutions only. — Myanmar Times MOU on Kyauk Phyu SEZ likely in August An MOU between China and Myanmar relating to […]

Vietnam Morning News For August 8

Vietnam Morning News For August 8

Aboitiz buys Vietnamese animal feeds company Conglomerate Aboitiz Equity Ventures Inc. has expanded its animal feeds business in Vietnam with the acquisition of a controlling stake in Europe Nutrition Joint Stock Co. (Eurofeed). — Inquirer.Net Vietnam to increase minimum salary by 6.5 pct next year Vietnam’s National Salary Council on Monday decided that regional minimum […]

Cambodia Morning News For August 7

Cambodia Morning News For August 7

Website Launched to Provide New Resource for Unregistered SMEs Only 1 in 10 small businesses are properly registered in Cambodia due to unclear information about what’s required of them, Industry Minister Cham Prasidh said last week at the opening of the “Business Information Center,” a website outlining requirements for new businesses. — The Cambodia Daily […]

Myanmar Morning News For August 7

Myanmar Morning News For August 7

JFE Engineering using internships to attract talent Every year, JFE Engineering accepts 20 or so interns from abroad. During the five-week program, the students learn about the company’s infrastructure and other businesses, the engineering industry as well as Japanese lifestyles and culture. — Nikkei Asian Review Three mining companies suspended after failing to pay Three […]

Vietnam Morning News For August 7

Vietnam Morning News For August 7

Hyundai Engineering wins $320 mln order to build industrial plant in Vietnam South Korea’s Hyundai Engineering said Sunday that it has won a US$320 million order to build facilities at a Vietnamese petrochemical complex. — Yonhap News 3.3% of Vinamilk on sale in October After failing to sell the full 9 per cent of the […]