Tag: economy
Sediment loss in Mekong River killing southern delta
A recent study finds that the Mekong River’s sediments arriving down the Cuu Long Delta fell from 65 to 75 percent compared to the total in the 1990s, and by half over the last few years.
Global surveys indicate uphill battle for Laos
At least three global surveys disclosed their findings recently, with all three indicating that Laos is going backwards in term of in global development rankings
Could lack of access to data be the biggest threat to Myanmar’s rivers?
It’s difficult to judge the impacts of deforestation, erosion, pollutants, or to confirm or refute claims of damage caused by development without starting from a solid data baseline.
APEC finance and bank deputies meet in Hoi An
Disaster risk financing and insurance was one of the important topics that officials of 21 APEC economies discusses this week
Hydro plants power Laos into middle-income status
The Laos government is leveraging its rich hydropower resources in a bid to lift the country out of lower-middle income status by 2020.
Plans Announced for SEZ and New Airport Terminal in Southern Rangoon
A Rangoon regional minister explained in Tuesday’s parliamentary session plans to develop an area across four townships for a special economic zone and a new airport terminal.
According to the statement by Daw Nilar Kyaw—the divisional minister for electricity, industry and transportation—Kwan Chan Gone, Letkokkon, Kawhmu and Dala townships are listed as hosting the initiative.
Harnessing Sesan River: Cambodia and its goal for electricity self-sufficiency
For the past ten years, Cambodia’s economy has been growing by an average of 7 percent and the government has set the sight to upgrade the country to the status of middle-income country in 2030 by promoting investments especially garment industry and service sector. And this has spurred the increasing need of electricity.
According to the Electricity Authority of Cambodia, Cambodia bought 40-50 percent of its energy need from neighbouring countries. The Southeast Asia Energy Outlookj 2015 report which was undertaken by the International Energy Agency predicted that energy need of the region would increase to three times of the current need in year 2040 and coal was designated by IEA as the main source of fuel for electricity generating.
With AIIB, Nation Diversifies Funding Options
Though it’s extremely early days, experts this week welcomed Cambodia’s membership to the nascent China-led Asian Infrastructure Investment Bank (AIIB), saying it would provide much-needed diversity of funding for the nation’s infrastructure and connectivity needs.
Launched in Beijing last weekend, the multilateral development bank aims to support infrastructure growth in the Asia-Pacific region through the provision of loans, and supports China’s ambitious “One Belt, One Road” initiative to boost trade and connectivity across the Eurasian landmass.