Cambodia eyes AIIB loan

Cambodia will begin applying for a loan from the newly established China-backed Asian Infrastructure Investment Bank from next year in response to the current need for infrastructure development. Visiting AIIB vice president and chief investment officer D.J. Pandian met with Vongsey Vissoth, secretary of state at ...

Thai delegation to visit for talks on expanding trade, investment

Thailand’s Deputy Prime Minister Mr Somkid Jatusripitak is due to lead a business delegation to Myanmar early next month on a visit aimed at expanding bilateral trade and investment, the Bangkok Post reported. It quoted Mr Isara Vongkusolkit, chairman of the Thai Chamber of Commerce, ...

Thailand hopes to soar to the top of the aviation industry

As Asia edges towards becoming the world’s leading travel market, Thailand is gearing up to become a full-service aerospace hub, but does it have the facilities, resources and safety standards to dominate this lucrative industry? On an icy cold January day in 2009, US Airways ...

Uber delivers food in Bangkok

If you want to get the food you want from the restaurants you love, all from the comfort of your own home, Uber is now offering its first stand-alone food delivery app that lets you order grub the same way you order wheels. UberEats currently allows ...

Minister vows stable electricity supply

The electricity supply in various special and specific economic zones has been stable, enabling factories to operate smoothly, a minister has said. Minister of Energy and Mines Dr. Khammany Inthilath outlined the situation to local media recently. He admitted that foreign investors, notably Japanese and ...

Ministry lists top ten commercial rice varieties

The Department of Trade Promotion under the Ministry of Industry and Commerce has listed the top ten Lao rice varieties for domestic sale and export. Laos has about 12,000 rice varieties but many of them still need improvement for commercialisation, department Director General Mr Somvang ...

Cashew nut exports to hit $3b in 2017

Việt Nam is expected to export 360,000 tonnes of cashews for a value of US$3 billion this year, an increase of 3.4 per cent in volume and 5.6 per cent in value over last year, according to the Việt Nam Cashew Association (Vinacas). Speaking at ...

Japanese investment in light industry desired

Cambodia hopes to see Japanese investment in the light industry sector, which will help develop the kingdom’s labor force. Minister of Commerce Pan Sorasak, in a meeting last week with Japanese Ambassador to Cambodia Hidehisa Horinouchi, asked Japan to consider investing in the light industry ...

A more direct path for mango exports

Sweet and juicy mangoes grown in Cambodia have been finding their way into top Asian markets for years, but until now only through Thai and Vietnamese brokers, and often repackaged or processed into juices and jams to disguise their Khmer origin. Local producers’ lack of ...

Indonesia among Asia's top destinations attracting investors: ECN survey

Indonesia is among Asia’s most attractive investment destinations, thanks to a robust private demand combined with expectation of improvements in its business climate, a survey from The Economist Corporate Network showed. Published on January 17, the survey — titled “Navigating Asia’s Risks and Rewards: Asia ...

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