Economy and commerce
Trade
Fishery groups step up bid to avoid EU action
Isara Vongkusolkit, chairman of the Thai Chamber of Commerce, said the chamber was gravely concerned about the IUU issue and had tried its best to promote cooperation with private counterparts in the fishing industry to create a traceability system for products. Mr Poj insisted that, whatever ...
Laos prepares for timber trade agreement with EU
The Technical Working Group of the Lao Forest Law Enforcement, Governance and Trade (FLEGT) process has elaborated a first draft Timber Legality Definition in preparation for the first face-to-face FLEGT/Voluntary Partnership Agreement (VPA) negotiations between Laos and the European Union. The two-day workshop brought together 50 ...
Port cargo traffic rises on swelling economy
“The significant growth is related to our strong economy, which is driving an increase in import and export activity,” said SAP director-general Lou Kim Chhun. The port in Cambodia’s Preah Sihanouk province received approximately 95,000 20-foot equivalent unit containers during the first quarter of 2016, ...
Kingdom’s first abattoir primed for Australian cattle
After a series of technical delays and setbacks, Cambodia’s first industrial slaughterhouse is ready to begin operations and will start production upon receiving its first shipment of 2,000 heads of live Australian cattle in late May, the company behind the project said on 19 April. Ross ...
Banana exports increase tenfold to US$40m
Exports of Lao bananas have grown tenfold from more than 30.8 billion kip in 2011-12 to more than 324.8 billion kip in 2014-15, a recent report revealed. According to preliminary research findings by the National Agriculture and Forestry Research Institute on the commercial production of bananas ...
Champassak company to export processed rubber to Iran
The Bounthan Agriculture Promotion Import-Export Company in Champassak province plans to export processed rubber to Iran next month under a contract signed with the Rahnama Trading Company. The company has 570 hectares of rubber plantations in Champassak province, including 200 hectares that have been planted ...
Cambodia, Laos, Vietnam discuss trade deal
Representatives from Vietnam, Laos and Cambodia gathered Monday in Vietnam’s Central Highlands Dak Lak province to discuss an agreement on trade promotion. The CLV Development Triangle Area covers four Cambodian provinces (Ratanakiri, Stung Treng, Mondulkiri, Kratie), four Lao provinces (Attapeu, Salavan, Sekong, Champasak), and five Vietnamese ...
Concerns grow over Cambodian rice exports
Taing Chhung Ngy, director of market promotion at rice exporter LBN Angkar (Kampuchea), said that March’s sub-par performance was just the first indicator that the sector’s growth was decelerating. The decreasing amount of rice exports in March shows that the issues that rice millers and exporters ...
SME sector faces risks and reward under NLD
Myanmar’s small and medium enterprises will face both opportunity and risk under the incoming National League for Democracy government, industry observers say. In particular, anexpected increase in foreign direct investment could separate the strong from the weak. Keep reading ...
Asean ministers, bank governors strengthen financial regional integration
Financial integration, financial service access, and financial stability have been the central issues in discussions among Asean finance ministers and central bank governors at the meeting in Vientiane over the past few days. The ministers and governors have agreed upon the direction of regional cooperation ...
