Laos starts off as Asean chair with ministers’ retreat

Laos kicks off its Asean chairmanship Friday with an agenda-setting foreign ministers’ retreat in Vientiane, its capital on the east bank of the Mekong River.

Analysts say this year could be a coming of age for the “lower-middle income economy”, where poverty continues to be widespread, but which is one of the fastest-growing economies in the region.

Laos last chaired Asean in 2004. Its economy grew by an average of 7 per cent annually in recent years, mostly on the back of its natural resources, a construction boom in Vientiane and rising tourism.

Dawei road start faces delays

Construction of a road linking the Dawei deep-sea port in Myanmar with Kanchanaburi will be delayed after Japan determined that 15-degree inclines along seven stretches of the road would be unsafe for lorries.

Transport Minister Arkhom Termpittayapaisith said on Friday construction of the 138km road from the Dawei deep-sea port to Ban Phu Nam Ron in Kanchanaburi must be postponed.

The project was due to start in March.

The delay comes following an inspection by the Japan International Cooperation Agency (Jica).

PM Pledges 1M Hectares of ELC Land to Poor

Prime Minister Hun Sen on Thursday declared an end to the government’s review of Cambodia’s economic land concessions (ELCs), pledging that nearly 1 million hec­tares of reappropriated property would be handed over to poor families. He also announced a major reorganization of the two ministries involved in granting ELCs.

Environmental and human rights groups have identified ELCs as a cause of some of Cambodia’s most pressing problems in recent years, from rampant deforestation to forced evictions across the country.

Myanmar Oil Gas Industry Opportunity, Analysis and Forecast Report 2016

Research and Markets has announced the addition of the “Myanmar Oil Gas Industry Analysis and Forecast Report (Q1 2016). The premier report provides analysis of key opportunities and associated challenges facing Myanmar oil and gas industry. Amidst several challenges confronting the oil and gas industry including fall in prices, changing market conditions, oil and gas sector risk and shift in competitive landscape, the report provides detailed insights into critical short and long term factors set to shape the outlook.

A Tipping Point for the Mekong

A cascade of hydropower dams, driven primarily by Thailand and Laos, threatens to turn this thriving, productive waterway into a fragmented, impoverished ghost of itself. And that spells trouble for the region – and beyond. As President Obama meets with Southeast Asian leaders in California, he must address the conflicts over these projects, and advocate for a solution that will ensure the health of the river and thus the region’s economic and political future.