Economy and commerce
As catch and sales fall, Myanmar’s fishermen sink into debt
On a recent afternoon, the beach at Jatetaw village was bustling with fishermen hauling their boats a shore and off loading the catch. Local women carried the fish off in bamboo baskets and laid them out to dry in the sun, after which they would ...
All state rice stocks to be disposed of this year
Prime Minister Prayut Chan-o-cha wants all existing state rice stocks to be disposed of within this year. Wiboonlasana Ruamraksa, permanent secretary for commerce, said Gen Prayut, who chaired the national rice policy committee’s meeting on January 9, has ordered officials handling state rice sales to ...
Logistics wary of supervision
E-commerce logistics providers and operators have urged the government not to regulate price control on delivery charges for online shopping, saying that the logistics service industry is competitive. The move comes after the government last week added delivery charges for online shopping and counter services ...
Third Lao furniture fair opens
The 3rd Lao Wood Furniture Fair 2017 officially launched for display and sale at Lao-ITECC in Vientiane on January 8 after the exhibition was pre-opened on January 7. The fair will run from January 7-15, in cooperation with the Trade and Product Promotion Department and ...
Apparel factory closures debated
Questions have been raised about the health of Cambodia’s $6 billion garment sector after local media reported that over 140 garment factories shut down operations last year. Ministry of Labour spokesman Heng Sour, the source of the figure cited in local media, stood by the ...
Thailand expects tourism revenue of nearly $50 billion in 2017
Thailand expects revenue from foreign tourists to rise 8.5 percent to 1.78 trillion baht ($49.8 billion) this year, a deputy prime minister said on January 9. The expected rise results from an improved outlook for global tourism as well as Thailand’s investment in infrastructure, Deputy ...
Rakhine commerce minister sees bright future for black bean exports
The Rakhine State commerce minister is hoping around 10,000 tonnes of black gram beans will be exported to India from Sittwe this year, pending completion of the Kaladan Multi-Model Transit Transport Project. The Kaladan project will connect Mizoram in India to Sittwe, the capital of Rakhine ...
Polluted water causes mass clam deaths in Thanh Hóa
Sea water and wastewater samples related to mass clam deaths in central Thanh Hóa Province have failed to meet environment criteria, said Lê Văn Bình, head of the Environmental Protection Branch under the provincial Department of Natural Resources and Environment, on January 8. All the ...
Kampot pepper pact keeping prices stable
Kampot pepper prices are set to remain stable for another year as part of an agreement between local producers that caps prices through the end of 2017, a representative of the pepper association said on January 8. Ngoun Lay, president of the Kampot Pepper Promotion ...
Decline in transfers linked to rice prices
International fund transfers to Cambodia through Acleda Bank, which claims to handle a quarter of all inbound fund transfers to the country, decreased slightly last year as a result of lower rice prices, a bank executive said on January 8. In Channy, president and group ...
