Economy and commerce
Investment
Asean delegates prepare for sustainable tourism awards
Delegates from ASEAN member states are in Vientiane to attend a training session titled ASEAN Master Assessors on ASEAN Sustainable Tourism Award, to prepare for awards in January 2018. The aims of the award are to encourage jointly responsible actions among public, private and local ...
Migrants expected to meet demand for unskilled labour in Chon Buri
The number of unskilled migrant workers in Chon Buri province is expected to increase significantly, by about 30,000 annually over the next three years, driven by the government’s Eastern Economic Corridor development project. The EEC is expected to attract more private investment as well as labourers ...
Thanh Hoa factory fined for polluted discharge
A tapioca starch production plant in central Thanh Hoa Province has been fined VND310 million (US$13,710) for polluting the environment. The Ba Thuoc plant, located in Ba Thuoc District’s Thiet Ong Commune, was found to be discharging wastewater into Ma River with pollutants exceeding the ...
British trade mission targets ASEAN integration
The UK Department of Trade is leading a trade mission to Southeast Asia and the delegation will visit Myanmar on March 30 and 31. The trade mission focuses on infrastructure, energy and education. Before coming to Myanmar, the trade mission to Asian Development Bank and ...
Push to reduce chemical dependency
The Ministry of Agriculture is working to develop a procedural framework for the trade and use of biological control agents in agriculture in an effort to improve crop yields, protect consumer health and ensure continued access to key export markets. Regulation could also create opportunities ...
Coastal economy rises on tourist tide
Preah Sihanouk province welcomed nearly 2.4 million tourists in 2016, generating $96 million in revenue, following a significant rise in domestic and international tourist arrivals, a tourism official said yesterday. Overall arrivals to the coastal province grew by 37 percent last year compared to 2015, ...
Cambodia opens trade center in Shaanxi
Cambodia will unveil another commercial center in China in May, to boost trade between the two countries and inform Chinese business people and tourists about opportunities in Cambodia. Commerce Minister Pan Sorasak on March 27 announced the plan for the center in Xi’an, Shaanxi province, at ...
M’sia imports aid I'nesia palm oil sector
Malaysian buyers are ramping up imports of Indonesian palm oil as local supply battles to recover from the lingering impact of last year’s crop-damaging El Nino weather pattern. Traders said world No.2 producer Malaysia was set to boost imports of palm oil and related products ...
Draft law on trade remedies adopted
The Council of Ministers on Friday adopted a draft law on trade remedies to protect local producers, businesses, enterprises and foreign businesses operating in Cambodia from imported products being sold below their cost base. Ministry of Commerce spokeswoman Soeng Sophary said the trade remedies law ...
Koh Kong SEZ supports vehicle giants in Thailand
The Koh Kong Special Economic Zone located just two kilometers from Thailand’s Trat province provides jobs to around 9,000 workers. Thitidej Tongpatana, a Thai national who is vice president of Koh Kong SEZ, recently spoke to Khmer Times’ Chea Vannak on the special economic zone’s ...