Economy and commerce
Bringing startups to Cambodia
Confluences Asia, a Cambodia-based consulting and advisory firm, recently helped launch its second startup in Cambodia with Portuguese e-ticketing firm Last2Ticket. The Post’sMatthieu de Gaudemar sat down with Soreasmey Ke Bin, managing director of Confluences, to discuss the Kingdom’s appeal to foreign firms and startups. ...
Chinese equipment maker eyes Cambodia
Sany Heavy Industry, one of the biggest manufacturers of heavy construction machinery in China’s Hunan province, plans to expand in Cambodia to tap into rising infrastructure development. Zhou Wanchun, vice president and chairman of Sany International headquarters in Hunan, said during a China-ASEAN media tour ...
Trump targets cheap Chinese steel in probe, rallying US steel stocks
President Donald Trump on April 20 launched a trade probe against China and other exporters of cheap steel into the U.S. market, raising the possibility of new tariffs and sending shares of some U.S. steel makers up over 8 percent. Citing concerns about national security, Trump ...
Foreign ministers of US, ASEAN to meet in May
The U.S. Department of State on April 20 said Secretary of State Rex Tillerson will chair a meeting with his counterparts from the Association of Southeast Asian Nations, to be held on May 4 in the U.S. capital. The foreign ministers will discuss China’s maritime aggression ...
Lawmakers debate mid-term investment projects
Disqualified projects will be removed from the list of mid-term public investment projects in the 2016-20 period, National Assembly Vice Chairman Phùng Quốc Hiển said on April 20. The 14th session of the NA Standing Committee continued its ninth meeting on April 20 with a ...
Effective education key to escaping middle income trap, ADB says
Thailand faces more challenges as it strives to improve the economy and people’s incomes for the long term as it struggles to move up from being a middle-income country, the Asian Development Bank says. For the short term, the ADB has predicted that Thai exports ...
Surin calls for active ARF role in tackling Korean crisis
ASEAN needs to be more integrated and stronger to cope with the changing global landscape, as “multilateralism” was in decline, former ASEAN chief Surin Pitsuwan said on April 20, calling on the regional grouping to enhance the role of the ASEAN Regional Forum to solve ...
Clean, organic agriculture production set to expand
Expanding clean agriculture production to supply market demands together with improved international market access can serve to catalyse growth in the Lao organic produce sector, an audience including the Minister of Agriculture and Forestry was told on April 20. Director General of Department of Agriculture, ...
Observe 10 prohibitions or face punishment, finance officials warned
Finance officials are being warned to observe the newly imposed so-called 10-prohibition rule or be subjected to disciplinary measures and punishment under law. Deputy Prime Minister and Minister of Finance Somdy Duangdy on April 10 issued a decision that imposed 10 prohibitions demanding officials follow ...
Vietnam stops nine overloaded trucks with illegal lumber
Authorities in Vietnam’s Gia Lai province have recently stopped at least nine overloaded timber trucks crossing into the country from the Kingdom, despite the Cambodian government ostensibly banning wood exports to its eastern neighbour, according to a Vietnamese news report. The report, published earlier this ...
