Trade

Imports

Thai fintech sector calls for state support

The Thai FinTech Association has called on the government to increase its support for local tech startups and financial institutions to enhance their competitiveness and prevent foreign giants from monopolising the fintech market. “It’s time for the government to create a level playing field between ...

Cambodia to protect European patents

Cambodia is set to become the first country in Southeast Asia to recognise and protect European patents after the Minister of Industry and Handicrafts signed an agreement with the European Patent Office on January 24. The agreement, expected to come into effect in July, places ...

Renewed interest in Bangladeshi trade ties

Cambodia and Bangladesh made a fresh push on January 24 to revive dormant bilateral trade initiatives, with Phnom Penh hosting the first-ever conference and exhibition for a delegation of leading Bangladeshi companies. Bangladesh’s Ambassador to Thailand and Cambodia Saida Muna Tasneem admitted trade between the two ...

Trade officers prepare for Trump era

Amid concern over the impact on Thailand’s export growth of so-called “Trumponomics” under the new US president and the United Kingdom’s Brexit vote, Thai trade officers from 63 posts in 47 countries will attend a meeting in Bangkok on February 22 that has been called ...

Workers prepare ground for Laos-China railway

The construction of workers’ camps for the Laos-China railway is under way in Luang Namtha province but there is much to be done before work on the railway itself can begin. There are now 200 or 300 Chinese workers in the camps, but they are ...

Lao, Thai companies launch Saravan agribusiness project

The Tripletwo 222 Holding Co., Ltd. under Tripletwo 222 Group of Thailand has teamed up with Bachieng Agriculture Promotion Export-Import Sole Co., Ltd. to establish a large tapioca factory in Saravan province. The project is underway with investors expecting construction to be completed in 2019. ...

Commerce ministry cracks down on unreported export earnings

The Ministry of Commerce is working with the Central Bank to crack down on unreported export earnings, according to Union minister U Than Myint. The government has adopted a multi-pronged strategy to try to counter the volatile US dollar-kyat exchange rate, which has prompted widespread complaint ...

Vietnam, UK boost strategic partnership

The Vietnam-UK Network has contributed significantly to stimulating the strategic partnership between the two countries, said Vietnamese Ambassador to the UK Nguyen Van Thao at a recent meeting of the network. Thao said the two partners overcame difficulties to secure sound cooperation outcomes last year, with ...

Cambodia eyes Swedish trade

Cambodia is seeking to expand its market for milled rice to Sweden and is looking for ways to cooperate further in trade and investment. Prime Minister Hun Sen, at the World Economic Forum in Switzerland, yesterday asked his Swedish counterpart Stefan Lofven to consider rice imports ...

The rise of anti-globalisation and its impact in Asia

The world appears to be experiencing a globalisation backlash with an assault coming from both economic and societal fronts. In this changing world, the two defining characteristics of globalisation – increased global trade and greater economic participation in trade – now look poised for an ...

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