Economy and commerce

After the EU decided to impose tariffs on Cambodia’s rice exports from January, Vietnam agreed this week to expand its import quota for the Kingdom’s rice to 300,000 tonnes. Vietnam’s actions come as the Chinese government late last night agreed to increase its import quota ...

Trade ties between Cambodia and Vietnam were strengthened on Wednesday following a meeting between high-ranking commerce officials in which both countries agree to drop tariffs on a number of goods. []“In the meeting, Vietnam agreed to grant zero duty privileges to 32 Cambodian goods, and agreed ...

The region that grows the most in the globe faces major challenges after years of rapid development: from the ageing of the population to the transformation of its economic model. []Southeast Asia has proven to be invincible capitalizing economic liberalism in the industrial era. Now, the ...

The European Union is launching action that could see it suspend Cambodia’s preferential access to the EU market over the deterioration of human rights and the rule of law in the country. Keep reading ...

China-funded infrastructure projects in Southeast Asia have plunged in the past year as foreign governments grow wary of Beijing’s overseas investments. The value of newly announced big-ticket deals in the region – investment commitments and construction contracts worth more than $100 million – dropped just  ...

By far the largest mining endeavor globally is digging up sand, mainly for the concrete that goes into buildings. But this little-noticed and largely unregulated activity has serious costs — damaging rivers, wreaking havoc on coastal ecosystems, and even wiping away entire islands. In Cambodia, researching ...

It’s a long way from Whitehall and Brussels, but a study has found that the developing country that will be hardest hit by Brexit is the south-east Asian nation of Cambodia. With the deadline to reach a Brexit agreement looming in March, much attention has been given to ...

The Myanmar government recently agreed to begin work on key projects under the China-Myanmar Economic Corridor (CMEC) agreement which is part of Chinese’s ambitious Belt and Road Initiative. Experts, including voices from the World Bank, have pointed out that Myanmar’s growth will largely depend on ...

Thailand fetched 1.4 trillion THB (44.5 billion USD) from cross-border trade in 2018, up 6 percent over the previous year, but falling short of the set target of 1.5 trillion THB. According to Thailand’s Department of Foreign Trade, the ongoing US-China trade row, natural disasters, ...

Việt Nam and Thailand have agreed to implement measures to boost economic co-operation with the aim of reaching US$20 billion in two-way trade turnover by 2020 at the meeting of their Joint Committee on Bilateral Cooperation in Thailand which wrapped up yesterday. Keep reading ...