Economy and commerce
Investment
Minister vows stable electricity supply
The electricity supply in various special and specific economic zones has been stable, enabling factories to operate smoothly, a minister has said. Minister of Energy and Mines Dr. Khammany Inthilath outlined the situation to local media recently. He admitted that foreign investors, notably Japanese and ...
Ministry lists top ten commercial rice varieties
The Department of Trade Promotion under the Ministry of Industry and Commerce has listed the top ten Lao rice varieties for domestic sale and export. Laos has about 12,000 rice varieties but many of them still need improvement for commercialisation, department Director General Mr Somvang ...
VN expects Japan to become top investor
Prime Minister Nguyễn Xuân Phúc said Việt Nam expected Japan to become its top investor, with more high-tech investments in areas such as green growth, infrastructure development, high-quality agriculture and services as well as privatisation of State-owned enterprises. Phúc was speaking at a business forum ...
Cashew nut exports to hit $3b in 2017
Việt Nam is expected to export 360,000 tonnes of cashews for a value of US$3 billion this year, an increase of 3.4 per cent in volume and 5.6 per cent in value over last year, according to the Việt Nam Cashew Association (Vinacas). Speaking at ...
Japanese investment in light industry desired
Cambodia hopes to see Japanese investment in the light industry sector, which will help develop the kingdom’s labor force. Minister of Commerce Pan Sorasak, in a meeting last week with Japanese Ambassador to Cambodia Hidehisa Horinouchi, asked Japan to consider investing in the light industry ...
Chinese to transform coastal provinces
Top Chinese firms are keen to invest in the coastal provinces of Preah Sihanouk and Kampot and are eyeing to develop sectors that service the lucrative tourist industry, said the Tourism Ministry on Friday. According to a ministry statement the intention of the Chinese firms was ...
A more direct path for mango exports
Sweet and juicy mangoes grown in Cambodia have been finding their way into top Asian markets for years, but until now only through Thai and Vietnamese brokers, and often repackaged or processed into juices and jams to disguise their Khmer origin. Local producers’ lack of ...
Indonesia among Asia's top destinations attracting investors: ECN survey
Indonesia is among Asia’s most attractive investment destinations, thanks to a robust private demand combined with expectation of improvements in its business climate, a survey from The Economist Corporate Network showed. Published on January 17, the survey — titled “Navigating Asia’s Risks and Rewards: Asia ...
U.S. ambassadors in Asia make final plea for dead Trans-Pacific trade pact
When hope of enacting the ambitious Trans-Pacific Partnership trade pact ended in November, Max Baucus, the United States ambassador to China, was among the officials who had to grapple with disappointment. The partnership, called the TPP, was a hallmark of the Obama administration. It would ...
Indonesian government challenges another green group over freedom of information request
The Indonesian government is going to the Supreme Court over an NGO’s freedom of information request for detailed maps of land on which oil palm companies have been licensed to operate in Kalimantan, the country’s portion of Borneo island. Civil society groups have tried for ...
