Economy and commerce

Thailand should remain calm about new US trade policies, Prime Minister Prayut Chan-o-cha said on April 4, adding that he has assigned relevant ministries to study the issues. He also noted the 180 years of relations between the two countries. Also, Deputy Prime Minister Somkid Jatusripitak on ...

Amid concerns that the European Union could reject shipments of Cambodian rice, exporters are pushing for more access to China as an alternative market for the Kingdom’s principal agricultural commodity. Hun Lak, vice president of the Cambodia Rice Federation (CRF), said just 26 Cambodian millers ...

Cambodia could expand its foreign trade by up to 16 percent, adding approximately $2 billion worth of exports, by complying with a new international trade protocol that aims to slice through the red tape that slows and complicates cross-border trade. US Ambassador William Heidt said ...

Thailand’s listed Eastern Water Resources Development and Management Plc’s subsidiary Universal Utilities Plc. a tap water provider, plans to spend some 200 million baht ($6 million) a year to buy water from the still to be built Stung Nam hydroelectric dam in Koh Kong province ...

A Japanese expert has urged Cambodia to invest in improving transport on the Mekong River to boost the movement of cargo around the country. Kume Hidetoshi from the Japanese International Cooperation Center made the call during a presentation at the Japanese embassy on April 4. ...

CPF Investment Ltd, a wholly owned subsidiary of Charoen Pokphand Foods Plc (CPF), has inked a share purchase agreement with Westbridge Food Group Ltd (WFGL) at a combined value of £60 million (2.6 billion baht) to expand CPF’s market in Europe. CPF chairman and chief executive ...

Some 50 Vietnamese startups received $205 million in investment capital last year, a 25 per cent decline compared to 2015, according to the latest report from the Topica Founder Institute, a startup accelerator program managed by Topica Edtech Group, a popular online education provider in ...

Universal Utilities Group, which supplies tap water in the Eastern region of Thailand, plans to invest an average of Bt200 million a year to develop water-treatment systems, especially in Chachoengsao, Rayong, and Chon Buri provinces, to serve expected strong demand from the Eastern Economic Corridor. ...

Rubber prices are predicted to increase gradually as suppliers in the main producing countries restrict their stock for export to let the price recover after a long decline. Pol Sopha, director-general of the rubber department at the Agriculture Ministry, said exports had increased from year ...

A Japanese beauty company is to invest in Cambodian silk production to supply the local market and export to Asia and the United States. Il Brille, which runs two beauty salons and a shop in Phnom Penh, uses silk in cosmetic treatments and products for ...