Economy and commerce
Trade
Call to limit imports, use of chemicals in agriculture
Imports of farming chemicals should be restricted to ensure food safety for the public, a social forum in Bangkok featuring government ministers proposed this week.Keep reading ...
EAEU-Việt Nam Free Trade Area and opportunities discussed in Russia
A roundtable discussion on “The Free Trade Area between the Eurasian Economic Union (EAEU) and Việt Nam: New Opportunities for Business” took place in Moscow on Tuesday, inspired by the upcoming visit of President Trần Đại Quang to Russia.The event was organised by the Russian ...
Thailand plans to sign electricity accord with Laos and Malaysia
Thailand is preparing to sign a tripartite electricity-trading agreement with two neighbouring countries at the upcoming Asean Ministers of Energy Meeting. Energy Ministry permanent secretary Areepong Bhoocha-Oom said the agreement would pave the way for the Laos-Thailand-Malaysia electricity deal, enabling the Asean Power Grid to ...
Cassava prices hit a new low
Cassava prices in Cambodia experienced a sharp drop this month leading to heavy losses for smallholder farmers unable to quickly switch to more profitable crops and recoup their mounting losses, a provincial agriculture official said yesterday.Faced with low prices of around 144 riel ($0.035) per ...
US initiates anti-dumping investigation on VN’s polyester
he US Department of Commerce (DOC) last week announced the initiation of anti-dumping and countervailing duty investigations on the import of fine denier polyester staple fibre from China, India, Republic of Korea, Taiwan and Việt Nam.These investigations are based on petitions filed by DAK Americas ...
The next chapter for the Trans-Pacific Partnership
The future of trade and cross border commerce in Asia and the Pacific and the US role in Asia’s economy were put in doubt by Donald Trump’s withdrawal of the United States from the Trans-Pacific Partnership (TPP) economic agreement. The TPP was the economic arm of ...
Demarcation complete, Luang Prabang eyes investment to push SEZ project ahead
Development of a US$1.2 billion special economic zone (SEZ) in Luang Prabang province has faced delays attributed to project demarcation now completed while its developer seeks further investment and financial backing. The plans for the zone include a 23-storey building, schools, hospitals, shopping centre, bank, ...
China’s squeeze on capital outflow felt in Cambodia
Stringent capital controls imposed by China’s central bank last November that scrutinise the outbound flow of money from the mainland have created uncertainty for Chinese investors looking at the Cambodian market and could jeopardise future and existing projects.Read more ...
Vietnam’s black pepper race persists notwithstanding price dip
Though per-kilogram prices of black pepper in Vietnam have dropped 65 percent since their record high two years ago, local growers are still racing to increase production. After peaking at VND200,000 ($8.81) per kilogram in 2015, the price of black pepper in Vietnam has plummeted ...
Mandalay to China rice exports dip
Rice exports from Mandalay to China have dropped to almost nil due to finance difficulties caused by China’s decision to freeze 132 bank accounts of Myanmar citizens on June 14, said rice traders in the border region.The freezing of the bank accounts has caused difficulties ...
