Economy and commerce
PM urges Royal Group to launch satellite
Prime Minister Hun Sen urged the influential tycoon at the head of the country’s biggest conglomerate to move forward on a long-stalled plan to launch Cambodia’s first satellite, adding that it would be a profitable venture given the high demand from the booming telecommunications industry. ...
CSOs call for greater transparency in Tanintharyi developments
A Coalition of local residents has criticised two Myanmar companies and a Chinese firm for announcing plans for a number of development projects in Tanintharyi Region. In a statement issued on December 14, the residents also attacked the local ethnic armed group, the Karen National ...
TPP still of value to Vietnam
It is too soon to evaluate the impact on Vietnam if the TPP is not ratified but the country has other valuable options available, a conference in Hanoi on December 14 heard. Trade with other members may be possible, conference hears, and there are other trade ...
Education, skills key to graduation from LDC status
Moving out of Least Developed Countries status requires raising people’s education and skill level as well as improving their health. The matter was stated by Deputy Minister of Planning and Investment, Dr Kikeo Chanthaboury during the conference on launching related issues, held in Vientiane on ...
Minister faces music on sand
Mines Minister Suy Sem could not give parliament’s anti-corruption commission an acceptable explanation for why Cambodian customs data failed to note $750 million in sand exports that Singapore says it received, the committee’s chairman said after a hearing on December 15. Sem was called in ...
Experts call for reducing rice exports
The country should halve its rice exports from the normal 7-8 million tonnes until 2020 because of difficulties exporters face and falling production due to climate change, according to the Viet Nam Food Association. Speaking at a seminar in HCM City on December 13, Huynh The ...
Shrimp exports set to grow 10-15%
Thai shrimp exports are expected to grow by 10-15% next year, with domestic supply to hit a record high four years after Thailand began wrestling with early mortality syndrome. Somsak Paneetatyasai, president of the Thai Shrimp Association, said the country’s overall shrimp industry has been ...
Thai fishing industry: abuses continue in unpoliced waters, Greenpeace claims
An international crackdown on human rights abuses in the Thai fishing industry has resulted in vessels travelling thousands of miles further into remote and lawless waters, where trafficked men continue to be beaten and sold at sea, a 12-month Greenpeace investigation alleges. According to the ...
Rice infrastructure bids sought
The Rural Development Bank has called for expressions of interest to develop and operate a 200,000 ton rice warehouse and a rice paddy drying facility. The drying facility would have the capacity to process 3,000 tons per day. The government is seeking to finance additional agricultural ...
Textile exports to hit $28.5b
Việt Nam’s textile and garment exports this year are estimated to reach US$28.5 billion, meeting roughly 92 per cent of the set plan due to market difficulties, the Việt Nam Textile and Apparel Association (Vitas) reports. Việt Nam’s textile and garment exports this year are ...
