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Cambodia: Sihanoukville expressway nears construction

A construction team composed of 200 workers from China has arrived in the Kingdom to begin work on an expressway that will connect Phnom Penh and Sihanoukville, with the groundbreaking ceremony expected before the end of March. Transport Minister Sun Chanthol said recently that $100-million worth of construction materials will be imported into Cambodia before […]

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Philippines: SEC issues guidelines on non-profit organizations

MANILA, Philippines — The Securities and Exchange Commission has issued new guidelines for non-profit organizations. Under the new guidelines issued by the SEC, non-profit organizations will be subject to heightened monitoring to protect them from money laundering and terrorist financing abuse. In particular, the SEC now undertakes the task of identifying non-profit organizations that are […]

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Thailand: IPP bidding for 8,300MW in 2019 pipeline

The Energy Ministry plans to open bidding for independent power producers (IPPs) for a combined capacity of 8,300 megawatts (MW) this year.  This will be the fourth round after IPP rounds for a combined capacity of 14,948MW that occurred in 1994, 2008 and 2013.  Permanent energy secretary Kulit Sombatsiri said new IPPs will be developed […]

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Lao gov’t improves cross-border trade

Trading across borders has improved due to the government’s effort to create a more business-friendly environment, a local report said on Thursday, quoting Lao Ministry of Industry and Commerce. Lao ministries and other government bodies are making efforts to improve the ease-of-doing-business (EDB) climate after Laos’ EDB ranking as assessed by the World Bank dropped […]

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Laos: App-facilitated Land Tax Payment Service Launched

(KPL) The Department of Tax has launched a system that ensures land tax payment isbank-based, safe, and fast. “To improve tax payment mechanism and method for convenience, verifiability and ensure the integration of tax revenue information system, the Department of Tax in cooperation with a local IT company andBanque Pour Le Commerce Exterieur Lao (BCEL) has conducted a research […]

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