Japanese SMEs head to Thailand under joint initiative

More than 700 Japanese companies under a Thailand-Japan joint effort to promote small and medium-sized enterprises have started real investment in Thailand this year, says Nangnoi Wetayapong, director of the Bureau of Strategies Management under the Department of Industrial Promotion. The initiative is part of ...

Laos, Cambodia open first official international border crossing

The Nongnokheane-Trapeang Kriel border has become the first official international border checkpoint between Laos and Cambodia after being recognised as a local crossing point for almost 30 years. Prime Minister Thongloun Sisoulith and his Cambodian counterpart Hun Sen officially opened the Nongnokheane-Trapeang Kriel international border ...

Gov’t highlights untapped potential of Mekong Delta

Deputy Prime Minister Vương Đình Huệ has instructed ministries and local governments in the Cửu Long (Mekong) Delta to prioritise investment in transportation and logistics services to help improve the region’s competitiveness. Speaking at a conference on logistics services held on January 9 in the ...

Kampot pepper pact keeping prices stable

Kampot pepper prices are set to remain stable for another year as part of an agreement between local producers that caps prices through the end of 2017, a representative of the pepper association said on January 8. Ngoun Lay, president of the Kampot Pepper Promotion ...

Decline in transfers linked to rice prices

International fund transfers to Cambodia through Acleda Bank, which claims to handle a quarter of all inbound fund transfers to the country, decreased slightly last year as a result of lower rice prices, a bank executive said on January 8. In Channy, president and group ...

SME export aid measures en route

The Industry Ministry has planned further measures to raise the competitiveness of small and medium-sized enterprises in the export market, says Industry Minister Uttama Savanayana. He said the ministry is working with related government agencies to draft stimulus packages that will help cut costs and ...

Laos, Cambodia open new international border checkpoint

Lao Prime Minister Thongloun Sisoulith and his Cambodian counterpart Hun Sen will attend the official opening ceremony of the new Nong Nokkhiane-Trapeang Kriel international border checkpoint on January 10, according to Laos’ Ministry of Foreign Affairs on January 5. The new international border checkpoint will ...

Kingdom preps for China trade center

Cambodia plans to open a trade center in China this year and the Commerce Ministry is hoping the initiative broadens economic relations and cultural exchange. Soeng Sophary, spokeswoman for the Commerce Ministry, told Khmer Times that a group of delegates from the ministry are currently in ...

Cambodia’s rice exports fall sharply

Cambodia’s milled rice exports only grew by a dismal 0.7 percent last year compared with 2015 and this was the lowest since 2014, according to government figures released on January 5. “Last year Cambodia only exported 542,144 tons of milled rice and the lowest exports ...

Agriculture sector expects further investments with slashed policies

Local and foreign investors are welcoming the government’s landmark move to eliminate agricultural policy-related obstacles in a bid to attract more investment in the agricultural sector. Hong Sun, secretary general of the Korean Chamber of Business in Vietnam, told VIR that the Korean business community in ...

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