ADB boosts Cambodia’s energy with $7.6mln for solar park

ADB boosts Cambodia’s energy with $7.6mln for solar park

A $7.64 million loan from the Asian Development Bank (ADB) will see an additional 100-megawatt (MW) of solar power added to the Cambodia National Solar Park Project (CNSPP), pushing investment to more than $18 million. Announced on May 24, the ADB finance comes on top of an $11 million loan and a $3 million grant […]

Lao morning news for June 5

Lao morning news for June 5

Lao, Vietnamese PMs push for mega infrastructure projects Prime Minister Thongloun Sisoulith and his Vietnamese counterpart Nguyen Xuan Phuc have called for the fulfilment of cooperation projects, notably mega infrastructure projects, during talks in Vietnam on Saturday. — Vientiane Times Laos, Korea agree to build state-of-the-art hospital The governments of Laos and the Republic of […]

Indonesia morning news for June 5

Indonesia morning news for June 5

US to sell 34 surveillance drones to Indonesia, allies in South China Sea region The Trump administration has moved ahead with a surveillance drone sale to four US allies in the South China Sea region as acting Defense Secretary Patrick Shanahan said Washington will no longer “tiptoe” around Chinese behavior in Asia. — The Jakarta […]

Philippines morning news for June 5

Philippines morning news for June 5

SC sets oral arguments on writ of kalikasan in West Philippine Sea on June 25 THE Supreme Court on Tuesday ordered oral arguments on the Writ of Kalikasan case seeking to protect protect, preserve, rehabilitate, and to restore the marine environment in the West Philippine Sea. — The Manila Times Factory output declines for the […]

Lao morning news for June 4

Lao morning news for June 4

Korean power company lends helping hand to flood-hit Attapeu school Electricity bills at Sanamxay Secondary School in Sanamxay district, Attapeu province, will now be much lower thanks to help from the Korea Western Power Company Limited (KOWEPO), which has installed solar power at the school. — Vientiane Times Govt calls for higher quality investments The […]

Indonesia morning news for June 4

Indonesia morning news for June 4

Joko gets building again With his victory in the April polls confirmed by the elections commission on May 21, Indonesian President Joko Widodo is preparing to press ahead with an ambitious infrastructure drive in his second term, starting with 415 trillion rupiah (US$28.8 billion) allocated in the 2019 state budget. — Bangkok Post Nias in […]

Philippines morning news for June 4

Philippines morning news for June 4

Manufacturing PMI improves in May MANUFACTURING firms in the Philippines saw an improvement in operating conditions in May as faster new order growth encouraged businesses to increase output, an IHS Markit/Nikkei survey said. — The Manila Times Philippine and Chinese investors bet on Manila’s warehousing sector amid a boom in household consumption Logistics and warehousing […]

Lao morning news for June 3

Lao morning news for June 3

RMB cash transfer in China-Laos economic cooperation zone exceeds 100 mln yuan Cross-border renminbi (RMB) cash transfer has exceed 100 million yuan (14.5 million U.S. dollars) in the Mohan-Boten Economic Cooperation Zone between China and Laos, through a specially built road tunnel. — Xinhuanet Laos can ‘manage’ debt to China, PM insists Laos borrows from […]

Indonesia morning news for June 3

Indonesia morning news for June 3

Aceh independence call triggers fears of renewed conflict in Indonesia’s restive province For 29 years between 1976 and 2005, Indonesia’sprovince of Aceh waged an armed insurgency against Jakarta rule, a conflict which claimed more than 15,000 lives. — South China Morning Post Debt Ranking Improves, Sri Mulyani: Good, But… Finance Minister Sri Mulyani Indrawati expressed […]

Philippines morning news for June 3

Philippines morning news for June 3

National Government borrowings reach P624 billion in 1st quarter The national government’s borrowings in the first quarter tripled to P623.6 billion following the issuance of Retail Treasury Bonds (RTBs) to small investors last March, according to the Bureau of the Treasury. — The Philippine Star PEZA okays P29-B investment pledges in 4 months The Philippine […]

Lao morning news for May 31

Lao morning news for May 31

Endangered: Thai dissident band calls on musicians worldwide to help #SaveFaiyen (video) In February this year Australian football player Hakeem al-Araibi reached out to, and gained support from football players, sporting bodies, and fans globally over his detention in Thailand. Now a dissident Thai band in exile is calling for musicians and performing artists globally […]

Indonesia morning news for May 31

Indonesia morning news for May 31

Indonesia plans new measures to lure overseas investment Indonesia will put in place new incentives to attract foreign investment in a bid to turn the country into ASEAN’s manufacturing hub, industry minister Airlangga Hartarto said at Nikkei’s Future of Asia conference here on Thursday. — Nikkei Asian Review (paywall) The annual spending spree Bank Indonesia […]