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Thailand admits losing $4.4bn from controversial rice scheme
BANGKOK -- Thailand's government has acknowledged losing more than $4.46 billion in a much-criticized scheme to support rice prices that ended up dislodging the country from its top spot as the grain's exporter. Prime Minister's Office Minister Warathep Rattanakorn said Tuesday the government's sales of the rice failed to cover the sum it paid to farmers under the 2011-2012 ...
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18 Vietnamese crew held as ship hits PH reef
INQUIRER FILE PHOTO MANILA, Philippines -- Eighteen Vietnamese crew members of a cargo ship have been detained after it ploughed into a coral reef in the central Philippines, the coastguard said Tuesday. The Unicorn Logger, a Panama-flagged freighter, ran aground at a protected marine sanctuary off the tiny island of Sambawan on Friday, coastguard spokesman Armand Balilo said. ';The crew ...
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Thailand names winners for $9.5 bln flood management work
BANGKOK, June 18 | Tue Jun 18, 2013 7:08am EDT BANGKOK, June 18 (Reuters) - Thailand has selected four winners for water management projects worth around 290 billion Thai baht ($9.5 billion) aimed at preventing a repeat of devastating floods in late 2011. The flooding cut Thailand's economic growth to just 0.1 percent in 2011 but the water projects and other infrastructure work are ...
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Cambodia - Post a photo to free Yorm Bopha jailed in Cambodia
Yorm Bopha is serving a two-year sentence for protesting forced evictions related to a land conflict in the Boeng Kak community. Upload a photo calling for her release, and we'll make a collage of all the images and send it to Yorm Bopha in prison, and to Cambodian authorities calling for her ...
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Cambodia Lost Ancient City Found In Jungle
An ancient city lost for 1,200 years has been discovered in the Cambodian jungle by archaeologists using laser scanning technology. The city, which was linked to Cambodia’s famous Angkor temples complex, was uncovered using airborne lasers which penetrated through thick vegetation to provide evidence of roads, canals and buildings. The discovery was announced in a peer-reviewed paper ...
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Vietnamese president to pay state visit to China
Vietnamese President Truong Tan Sang receives interview by Chinese journalists in Hanoi, Vietnam, June 18, 2013. Vietnamese President Truong Tan Sang will pay a state visit to China at the invitation of Chinese President Xi Jinping from June 19 to 21. Photo: ...
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CFA Chinas loss against Thailand was unacceptable
Criticism of China's performance against Thailand continues to build, now with the Chinese Football Association getting involved. During an interview with the Xinhua News Agency, the Chinese Football Association vice president Yu Hongchen said the loss was "abnormal and unacceptable". He said the coach Camacho was not just to blame, with the players and CFA also bearing ...
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In Cambodias jungles a lost world is found - Christian Science Monitor
Southeast Asia is solacing - there are, it seems, still lost worlds to be discovered, combed out from beneath a millennium of accumulated jungle in ...
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Thai diplomat called back to Bangkok
The Foreign Affairs Ministry has called back a female Thai diplomat who allegedly assaulted an Egyptian woman at a Cairo hotel - as a precaution for her safety, after she was reported to have been threatened. Thai Foreign Ministry deputy spokesman Jakkrit Srivali said Tuesday the ministry ordered First Secretary of the Thai Embassy in Egypt Kakanang Amaranand back to provide extra information ...
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Thailand Myanmar Create Company to Invest in Dawei Project
Thailand and Myanmar have signed an agreement to create a joint venture for developing the Dawei Special Economic Zone in Myanmar, which will draw capital from investors from Japan as well as other ...
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Laser technology maps Cambodias lost city
Laser-scanning technology reveals that the Cambodian lost city of Mahendraparvata, dating back to a time before Angkor Wat, was much more extensive than previously thought. The latest word about the high-tech hunt for hidden ruins came over the weekend in ...
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Cambodia Trains Social Workers to Curb Reliance on Foreign Aid - New York Times
"People in Cambodia in the 1970s and '80s lived in darkness," said Mr. Soeurng, 22. "For my generation, we have a chance to push our country ...
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STOCKS NEWS THAILAND-Shares extend gains SET index seen testing 1500
The Thai main SET index was up 1.1 percent at 1,487.71 at midday, extending a rebound from the past two sessions, as recently oversold shares such as Bangkok Bank Pcl and Charoen Pokphand Foods Pcl further regained lost ground. "As long as the index manages to hold above 200-day EMA at 1,440 points, the upward move is expected to keep going," said technical analyst Sasima Hattakitnikorn ...
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Coastal Energy Updates on Recent Exploration Drilling off Thailand
Bua Ban North B-17 and Ko Kra A-01 exploration wells and provided an update to its 2013 guidance. Bua Ban North The Bua Ban North B-17 well was drilled to a depth of 3,800 feet TVDSS. The well encountered 34 feet of net pay in the M100 Miocene reservoir with average porosity of 23 percent. The B-17 well was drilled into fault block north of the existing Bua Ban North reserve base. This fault ...
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American soldiers remains handed over
Vientiane (Vientiane Times/ANN) - Recently-found remains of American soldiers who went missing in Laos during the Indochina War have been presented to the US Embassy, according to a press release. The remains were discovered in a joint Lao-US missing in action project in 2013, and are believed to have come from 10 missing soldiers. Deputy Minister of Foreign Affairs, Sounthone Sayachak, who is ...
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More Laotian districts achieve poverty reduction targets
Vientiane (Vientiane Times/ANN) - "Original title: More districts achieve poverty reduction targets in Borikhamxay" Another three Laotian districts in Borikhamxay and Xieng Khuang provinces have reached their target of alleviating poverty in the first six months of 2013, but work still remains to be done. According to the socio-economic development plan for the fiscal year 2012-13, ...
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Cambodia Airborne laser reveals hidden Angkor Wat city
SYDNEY (AP) -- Airborne laser technology has uncovered a network of roadways and canals, illustrating a bustling ancient city linking Cambodia’s famed Angkor Wat temples complex. The discovery was announced late Monday in a peer-reviewed paper released early by the journal Proceedings of the National Academy of Sciences. The laser scanning revealed a previously undocumented formal urban ...
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Buddhist monks criticized in Thailand after being seen flying with luxury goods on private jet
BANGKOK - Thailand's Buddhism body said it is monitoring monks nationwide for any inappropriate behaviour after a video showed monks using luxurious personal items while flying on a private jet. The YouTube video showed one of the monks was wearing stylish aviator sunglasses, carrying a luxury brand travel bag and sporting a pair of modern-looking wireless headphones. It attracted ...
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Buddhist monks indulging in lavish lifestyle spark nationwide outrage in Thailand
A screenshot from YouTube reveals the monks acting "inappropriately, not composed and not adhering to Buddha's teachings of simplicity and ...
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Suspect names leaders behind bombings murders in south Thailand
A suspected insurgent now in custody, Sakariya Tohtayong, has implicated alleged masterminds of the movement behind unrest in the deep South, a senior official said yesterday. Sakariya gave useful testimony that may allow the authorities to solve many security cases. They include bombings at the CS Pattani Hotel and the Diana shopping complex, the robbery of a security van carrying cash for a ...
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Thailand Laos Enhance Anti-bird Flu Cooperation
BANGKOK, June 18 (Bernama) -- Thailand and Laos have stepped up bilateral cooperation on practical response to any possible outbreak of the new deadly A(H7N9) strain of avian influenza along their common border, Thai News Agency (TNA) reported. As part of the bilateral cooperation, a workshop was organised on Monday in Thailand's northeastern Nong Khai province, drawing together Thai and ...
Laos Digest
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Laos looking ahead
The new stock exchange in Laos may be a sign of changes to come in our otherwise centrally-run economy.
Laos is one of the poorest countries in South East Asia, but as the globally economy recovers and commodity prices pick up, the country looks set for a future of relatively strong growth, if not widespread prosperity, and this has been exemplified in the government’s recent decision to open a stock exchange in the country, which it is hoped will bring much-needed capital flowing into the country to fund investment projects in industry and infrastructure, catalysts for further growth in the economy. Read more
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