Economy and commerce
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 ...
Thein Sein recalls Myanmar's reform process
Former president says daunting challenges remain in Myanmar’s democratic transition. “I never dreamt of becoming president,” said Thein Sein, who stepped down as Myanmar president last year after a historic five-year term. Speaking at a regional forum in central Japan, he added that “the situation ...
Poultry export outlook solidly optimistic
Thailand’s poultry export prospects are looking more promising this year, lifted by higher demand and the resumption of fresh poultry imports by many countries after bird flu was brought under control. According to Agriculture Minister Chatchai Sarikulya, the ministry is optimistic Thailand will be able ...
Poipet checkpoint to be upgraded, enlarged
The government has decided to build a new immigration office at the Poipet International Border Checkpoint at a cost of more than $2 million. General Sok Phal, the director general of the Interior Ministry’s immigration department, told reporters on Sunday after an annual meeting with ...
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 ...
