Economy and commerce

A spate of reports by WorldFish, an international organisation that researches how fisheries can help reduce poverty and hunger, illustrates how the fishing industry supports the economic survival of many of the Kingdom’s inhabitants. The reports give an inside look at the role fisheries play ...

Cambodia, home to a number of large ivory busts in recent years, has rejected calls to destroy its stockpiles – the preferred method internationally for dealing with the seized contraband – with government officials saying they plan to exhibit it instead. Prime Minister Hun Sen ...

Foreign investors are parking money in Thai assets in the short run because they see the baht as a safe haven backed by solid foreign reserves amid global market fluctuation, the central bank chief says. But the Bank of Thailand has instruments up its sleeve ...

Authorities have until Monday to withdraw the environmental and health impact assessment studies for the controversial Krabi power plant project or brace for a major protest, a group opposing the project warns. Prasitthichai Nunual, key coordinator of Save the Andaman from Coal network, said the ...

Delegates attending a seminar in HCM City on February 22 urged the Government to amend or revoke a decree on rice exports which they said impedes exports of the grain. After the 2008/9 food crisis, Decree 109 was adopted requiring rice exporters to have at least ...

Deputy Prime Minister Trịnh Đình Dũng has urged the ministries of Transport and Defence to finalise a plan to expand Tân Sơn Nhất International Airport in HCM City and report to the Government next week. The Airport Design and Construction Consultancy One Member Ltd Company ...

The Bank of Thailand is investing in big data and data analytics in an effort to deal with complicated transactions arising from consumers’ micro-financial activities in the digital age. In the digital age, technology has rapidly changed and it is affecting how businesses are run, posing ...

Commercial banks saw strong growth in housing loans last year despite a slowdown in the real estate sector, which could have a knock-on effect and threaten the growth of the country’s services.​ According to a Ministry of Economy and Finance report released late last month, ...

Singapore-listed KrisEnergy Ltd is considering selling or farming out a stake in its Cambodia Block A offshore oilfield to ease its debt burden, according to the company’s 2016 year-end report. The oil and gas company posted $237.1 million in net losses for the 2016 fiscal ...

Cambodians spent over $100 million on imported meat last year, further widening the gap of domestic supply as local producers failed to capture the lucrative protein market, a government official said on February 23. Lor Reaksmey, spokesman for the Ministry of Agriculture, said Cambodia’s heavy ...