Reposted from Forests Blog
A Lao farmer ploughs away in his field in Vang Vieng, Laos
By Andrea Booth
BOGOR, Indonesia (22 February, 2012)_A recent report by the Center for International Forestry Research (CIFOR) urges farmers in Lao People’s Democratic Republic to form cooperatives to help meet market demands as the country transitions from practicing subsistence to commercial agriculture. More…
Reposted from New York Times
Mongolia - Wind Resource Map
By Dylan Walsh
Construction is to begin in March on Mongolia’s first wind farm, and its backers hope it will be the beginning of a renewable energy boom.
Mongolia’s first wind installation is a $120 million project that will provide 5 percent of the country’s electricity demand. Transmission lines were installed last year, while turbine construction waited out the fierce Mongolian winter. It is scheduled to begin in March. More…
Reposted from Marketwatch.com
BOCA RATON, FL, Feb 22, 2012 (MARKETWIRE via COMTEX) — Airspan Networks Inc., a leading provider of 4G broadband wireless access networks, announced today that Nepal Telecom (NT) has selected its 4G equipment for a countrywide deployment throughout the nation of Nepal. The network will provide high-speed data services to thousands of residents and businesses. More…
Reposted from The Wall Street Journal
By Isabella Steger
While Vietnam was once the darling of Asian emerging markets, its star has waned in the last few years as the country was beset by runaway inflation, wild foreign exchange moves and infrastructure bottlenecks. The default by a state-owned shipbuilder on foreign debt holders and the consistent underperformance of its stock market has also kept foreign investors at bay.
But look again, says Citigroup in a note. Vietnam’s stock market is one of the best-performing frontier markets in the world this year, up 23% year-to-date. More…
Reposted from AFP
WASHINGTON — The World Bank said Tuesday that it was encouraged by Myanmar’s new openness and wanted to support economic reforms but cautioned that the long-isolated state had to pay back arrears.
The Washington-based financial institution said that it hoped to work with Myanmar to improve public services, upgrade the antiquated financial and banking sectors and create opportunities for the private sector. More…
Phom Penh Water Supply is to be listed
Reposted from Phnom Penh Post
By Don Weinland
The Securities and Exchange Commission of Cambodia has approved in principle the listing of Phnom Penh Water Supply on the Cambodian Securities Exchange, according to the SECC’s website. More…
Reposted rom http://www.nbr.co.nz
Not long after a series of job cuts and the axing of their Los Angeles – Auckland flights, Qantas Airways’ low-cost offshoot Jetstar Pacific will now see itself majority owned by Vietnam Airways.
Under the new arrangement confirmed in Hanoi late yesterday, national flag carrier Vietnam Airways will hold 69.93% of Jetstar Pacific, with Qantas Group owning 30% of the low-cost carrier. More…
Reposted from Bloomberg News
Investor Jim Rogers
By Glenys Sim
Investor Jim Rogers, the chairman of Rogers Holdings who predicted a global commodities rally in 1999, said that Myanmar may be embracing reform as China did decades earlier and he’s optimistic about the nation’s prospects.
“If I could put all of my money into Myanmar, I would,” Rogers said at a conference in Singapore today. “Myanmar is in the same place China was in early 1979, when Deng Xiaoping said we have to do something new. Myanmar is now opening up.” More…
Reposted from The Wall Street Journal
Robert Friedland invited Rio to take a stake in Ivanhoe Mines in 2006
By Alistair Macdonald
Billionaire Friedland on Defensive as Rio Tinto Grabs Controlling Stake in His Ivanhoe Mines
TORONTO—Billionaire entrepreneur Robert Friedland built his fortune learning how to gain advantage over some of the world’s largest and most powerful mining companies. More…
Ratchaburi Electricity Generating Holding
Reposted from The Nation
Ratchaburi Electricity Generating Holding has completed the acquisition of 50 per cent ordinary shares of KK Power Co Ltd, marking its first foray into Cambodia. More…