Master Plan allows flexibility under rapid urbanisation

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VietStock FI English 20 hour(s) ago 1 related news

As questions still surround Phnom Penh’s belated Master Plan approval– termed Phnom Penh Land Use for 2035– many people, including citizens, private developers, and even local district and commune authorities, are left wanting to know more details on the city’s concrete development plans for the future. Long Dimanche, spokesperson for City Hall, spoke with Post Property‘s Dit Sokthy and Kali Kotoski and revealed more information on what to expect of Phnom Penh Land Use 2035, especially in terms of land...

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Koh Tang could see high-end luxury resort

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VietStock FI English 20 hour(s) ago

After it was announced that the island of Koh Tang could see one of Cambodia’s first luxury high-end island developments undertaken with foreign investment through an MOU between Worldbridge Land and Chinese-mainland Nanshan Group, committing potentially nearly $1 billion to the project, Rithy Sear, Chairman of Worldbridge Land, affirmed the dedication to the development though logistical hurdles linger.

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Private sector needs Government’s encouragement, support

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SaiGon GP English 2 day(s) ago

Private sector needs Government’s encouragement, support

Businesses are expected to have big but challenging opportunities in 2016. To help businesses to overcome difficulties, the Government still needs to promote reform, support, and motivate development of private sector.

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Private economic sector blocked by three powers

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VietnamNet English 4 day(s) ago 1 related news

Private economic sector blocked by three powers

VietNamNet Bridge - Private businesses, according to economists, have been hampered by state-owned enterprises (SOEs), foreign invested enterprises (FIEs) and state management agencies. The capital cannot reach the private economic sector because it has been taken away by the state budget.

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Vietnam arrests 9 for embezzlement at Mekong Housing Bank: report

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Báo Thanh Niên English 1 week(s) ago

Three former executives of partly-private Mekong Housing Bank and six senior managers of its securities company have been taken into custody for serious financial violations, local media reported on Wednesday.

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Sihanoukville beach to be cleared of fences, says gov’t

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VietStock FI English 1 week(s) ago

The government yesterday ordered all fences blocking public access along Independence Beach in Sihanoukville to be dismantled as part of a continuing campaign to remove private encroachments on the coastal city’s public beaches.

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Banker's accounts said to be frozen in Singapore 1MDB probe

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Báo Thanh Niên English 1 week(s) ago 1 related news

A private banker at Grupo BTG Pactual SA’s Singapore unit had his bank accounts frozen and was questioned in a probe related to a debt-ridden Malaysian government investment fund, according to people familiar with the case.

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Singapore seizes bank accounts as part of 1MDB probe

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Báo Thanh Niên English 1 week(s) ago 1 related news

Singapore has seized a large number of bank accounts in recent months as part of an investigation into possible money-laundering linked to Malaysian state investment fund 1Malaysia Development Berhad (1MDB), authorities said on Monday.

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Social network sharing makes users easy target for cybercriminals

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Báo Đầu Tư English 1 week(s) ago

Social network sharing makes users easy target for cybercriminals

Almost 30 per cent of social network users share their posts, check-ins and other personal information with everybody who is online, not just their friends, which leaves the door wide open for cybercriminals to attack since users are unaware of just how public their private information can be on these channels, Kaspersky Lab has warned.

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Clinton supporters in Iowa want to delete email controversy

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Báo Thanh Niên English 1 week(s) ago

Supporters of Democratic presidential candidate Hillary Clinton say she is still best candidate, despite a controversy over her use of a private email account while Secretary of State.

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Vietnam needs US$40-50 billion for traffic development by 2020

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VietnamNet English 1 week(s) ago

Vietnam needs US$40-50 billion for traffic development by 2020

VietNamNet Bridge – Vietnam needs about US$40-50 billion for traffic infrastructure development from now until 2020, said Deputy Minister of Transport Nguyen Ngoc Dong on the sideline of the 12th National Congress of the Communist Party of Vietnam.

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Facebook to prohibit private firearm transactions on its service

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Báo Thanh Niên English 1 week(s) ago 1 related news

Facebook to prohibit private firearm transactions on its service

Facebook Inc prohibited global users from coordinating person-to-person private sales of firearms on its online social network and its Instagram photo-sharing service on Friday, countering concerns that it was increasingly being used to circumvent background checks on gun purchases.

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Private equity fund invests in Park Cafe chain

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VietStock FI English 1 week(s) ago

A regional private equity fund has acquired a minority stake in local food and beverage company Park Cafe, sinking upwards of $1 million into the company, which operates seven food outlets in Phnom Penh, its fund manager said yesterday.

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Najib cleared after probe finds no corruption

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Báo Thanh Niên English 2 week(s) ago

An official investigation has just given Malaysia's prime minister the "all clear" over hundreds of millions of dollars found in his private account. Bloomberg's Haslinda Amin reports on "Asia Edge."

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Vietnam's communist party leaders urge policies to support private sector, challenge state companies

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Báo Thanh Niên English 2 week(s) ago

Vietnam's communist party leaders urge policies to support private sector, challenge state companies

Nguyen Hieu, chief executive of a Hanoi construction company, last year was turned down by several banks for a $800,000 loan for a project the company had won and had already invested nearly half a million dollars.

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