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Laos-China Railway to Launch Conventional Train Service

The Laos-China Railway Company is to operate a conventional train service from next month in order to accommodate a growing number of passengers. The new conventional train, which will run at speeds of 120km per hour and can accommodate over a thousand passengers, arrived in Vientiane Capital last week, Lao Post reports. Deputy Chief Engineer at […]

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Cambodia-Malaysia Business Forum buoyed by Kingdom’s free and vibrant economy

The Investment Law of Cambodia will be a strong legal and regulatory basis to attract foreign direct investment and help promote Cambodia’s economic growth. Okhna Tan Khee Meng, president of the Malaysian Business Chamber, Cambodia (MBCC) said this at the Cambodia-Malaysia Business Forum co-organised by the Council for the Development of Cambodia (CDC) yesterday. “Cambodia’s […]

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Cambodia: Footwear industry regaining footing

The government has projected that the Kingdom’s economy will grow by about 5.6 per cent this year despite the threat posed by the Omicron variant. The footwear industry has been growing rapidly in the last few years, employing more than 130,000 workers and attracting a lot of new investment in 2021. Cambodian Footwear Association president Ly […]

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Philippines: PPA sees sustained growth in cargo volume

MANILA, Philippines — The Philippine Ports Authority (PPA) sees continued cargo traffic growth this year after volume returned to pre-pandemic levels in 2021, raising its growth forecast amid optimism in the country’s economic recovery. PPA general manager Jay Santiago told The STAR that a recovery in the maritime trade and shipping is expected to be sustained […]

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