Economy and commerce
Trade
NA session ends, calling for govt to pursue targets
The National Assembly’s Eighth Legislature ended its third ordinary session on May 18, calling for the government to work harder in the pursuit of development targets. In her closing remarks, NA President Ms Pany Yathotou said the 17-day session agreed on multiple points that the ...
Laos, China ink deals to deepen cooperation
Laos and China signed nine cooperation agreements in Beijing this week after a meeting between the two countries’ top leaders. President Bounnhang Vorachit and his Chinese counterpart Xi Jinping held a bilateral meeting in Beijing on Tuesday, a day after the first ever Leaders Roundtable ...
RCEP opens markets for Cambodia
The Regional Comprehensive Economic Partnership has the potential to deliver significant business opportunities for Cambodia, given that the 16 RCEP participating countries contribute about 30 percent of global GDP and more than a quarter of world exports, said a Commerce Ministry official on May 18. “RCEP ...
Business centre lure for Chinese
Cambodia is to open commercial centres in China to help Chinese investors understand the potential of Cambodia. The centres will soon be established in some provinces, Prime Minister Hun Sen said on his Facebook page during his trip to the Commercial and Tourism Cooperation Forum ...
Vientiane expressway route under scrutiny
Ministries are examining the route of the planned Vientiane expressway to ensure that it avoids densely populated communities after the government recently approved construction of the 14-km expressway in the city centre. Government bodies are carrying out a thorough study and analysis to verify that ...
Plans gather steam for railway linking Vientiane to Vietnamese seaport
Work is gearing up for the planned building of a railway to connect Vientiane to the Vung Ang seaport in Vietnam after the two countries agreed to move forward with the project. The two governments last month signed a Memorandum of Understanding in Vientiane agreeing ...
TPP could be revived at Apec meeting
Japan and other remaining members of the Trans Pacific Partnership will this weekend decide how to revive the trade agreement ditched by US President Donald Trump. Their trade ministers will talk on the sidelines of an Asia-Pacific Economic Cooperation (Apec) meeting in Hanoi, Vietnam, where ...
Laos-China railway construction ‘progressing well’
Construction of the Laos-China railway is gathering steam with many tunnels being bored despite rainfall, officials said yesterday. All three tunnels in Luang Namtha province are being bored with the Boten Tunnel having progressed the furthest at more than 50 metres, project coordinator for Luang ...
National rail system in the pipeline
An agreement to build a national rail system has been reached by the Royal Group and two major Chinese companies. The joint venture will refurbish the rail link from Phnom Penh to the Thai border and upgrade the rail expressway from Phnom Penh to Sihanoukville. There ...
Swine smugglers put on notice
The Ministry of Agriculture has authorised a new private sector task force to investigate reports of widespread pig smuggling and bogus pig-raising operations, which domestic pig farmers claim have put market prices on live swine in a trough. The task force is led by agro-industrial ...
