Civil society fears that the AIIB, far from providing developing countries a different development and financing paradigm, is on its way to supporting existing development models that do nothing to assist developing countries.
Interview with Katsuji Nakagawa from the Japan Chamber of Commerce and Industry in Myanmar: “…At least among JCCM members, we did not have any comments like ‘oh we want to support Dawei”.
The success of China’s Belt and Road scheme hinges on whether Beijing can learn from the mistakes of Myitsone Dam and engage with Myanmar on an equal basis, the chair of a Singapore-based think tank says.
Myanmar authorities have not sent negative signals towards Thailand after thousands of Myanmar workers in the Kingdom returned to their homeland following the enactment of the new foreign labour law.
Stimson Center’s Southeast Asia team will launch their latest report on July 6 in Phnom Penh.
FDI is a major driving force behind Vietnam’s economy. Actual foreign direct investment flowing into Vietnam is estimated to have risen 6.5 percent in the first six months of 2017 from the same period last year to $7.72 billion.
“Cambodia will not create technical barriers for imported products from China to Cambodia,” Commerce Ministry Chhoun Dara said.
Local people are being threatened by the local powerful politicians in the bid to protest the waste-to-power plant projects across the country, while academics stress that construction of the plant in the right location will prevent conflict in the first place.
Nearly one million of cubic meters of ‘organic’ mud will be dumped near a marine reserve.
The Mekong Delta expects 34 million travelers by 2020, but the goal is out of reach if local tourism continues to operate in the traditional way.