PHNOM PENH (The Phnom Penh Post/ANN) – The Poipet Airport development project, abandoned for more than 10 years, will resume construction in 2020 as the city welcomes more Chinese nationals, said provincial authorities. Hotel investment firm Holiday Palace began construction of the airport in 2007 and laid runway foundations before it was suspended, apparently due to the 2008 […]
Read MoreVIENTIANE (Vientiane Times/ANN) – The Cabinet has directed the Ministry of Industry and Commerce to play the role of a coordinator to develop policies and mechanisms that facilitate Lao businesses. The Cabinet, under the leadership of Prime Minister Thongloun Sisoulith, adopted this resolution at its monthly meeting held on October 19, according to a media release […]
Read MoreDespite an expected decrease in the loan-to-value (LTV) ratio of mortgages, new condo supply in Bangkok in the fourth quarter will continue as planned. Phattarachai Taweewong, senior manager at Colliers’ research department, said developers in the condo segment are not worried about the Bank of Thailand’s proposed LTV limits and will continue with their fourth-quarter […]
Read MoreThere are too many simplistic and misleading explanations going around about inflation, why it happened and what ought to be done. The problem is… government was in denial about the danger posed by inflation until it came around with a bang. President Duterte blamed our lack of oil resources for inflation and he said that explains […]
Read MoreAT Prudential Singapore, age is indeed just a number. The insurance company has removed the retirement age of 62 in its company manpower policy, paving the way for its 1,100 employees to have extended careers and decide when they want to retire, if at all. This will also allow employees to “fulfil their personal and […]
Read MorePrime Minister Hun Sen yesterday said that Cambodia is fully committed to working with the international community to ensure fair and open trade, as well as maintain regional and global peace, security and stability. The Cambodian premier was speaking at the World Investment Forum, held in Geneva, Switzerland. Mr Hun Sen said Cambodia believes globalisation promotes economic growth and reduces […]
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