News

Vietnam to host APEC gathering in 2017

As the APEC leaders’ meeting wraps up in Peru, attention now turns to Vietnam, hosts of next year’s APEC. “It’s ten years since the last time Vietnam hosted APEC, and a lot has changed with the country since then. In the last six or seven ...

Cambodia’s prized rice falls short at awards

Cambodia’s Phka Rumdoul variety of fragrant rice, which won the World’s Best Rice award for three consecutive years from 2012 to 2014, narrowly missed its fourth crown at this year’s awards held in Chiang Mai in northern Thailand last week. Thailand’s own Hom Mali – ...

Cashew industry sets standards

The Việt Nam Cashew Association has set standards for cashew processing to nudge the industry towards cleaner production and ensure consistent quality. The standards, announced at the eighth Việt Nam Golden Cashew Rendezvous in Đà Nẵng last week, cover input materials, technical requirements and equipment involved ...

Government speeds up EEC projects

The government vows to rev up construction of planned development projects under the Eastern Economic Corridor, which it hopes will form a new engine to drive economic growth. Prime Minister Prayut Chan-o-cha, who chaired meeting of the Committee for Special Development Policy in Special Economic ...

Mango producers struggle to meet Korean standards

It has been nearly a year since the government signed a memorandum of understanding with South Korea that aimed to put Cambodian mangoes on the shelves of supermarkets in Seoul, yet local producers say there is little sign of any movement. According to In Chayvan, ...

ASEAN, Japan further enhance defence cooperation

ASEAN and Japanese defence ministers have agreed to further enhance their cooperation on politics, security, economics, and socio-cultural affairs. As a result of positive relations in these areas to date, Japan has become one of the most important dialogue partners and supporters of ASEAN. Lao ...

Rubber recovery boosts profits

Strong recovery of world rubber prices was expected to continue through the end of the year and increase revenues for local rubber firms, according to local securities companies. The world rubber price closed at 208.5 yen per kilo on November 11, 4.98 per cent higher ...

Trade GSP can’t make profit for Myanmar in short term

Some 5000 goods from Myanmar have been granted classification under the United States Generalised System of Preferences export scheme, however this will not see a rapid turnaround in profits, say industry figures. The United States trade representative body announced on its official website that preferential tariffs ...

Cambodia's labour ministry praises Trump's pledge to kill TPP

In the wake of Donald Trump’s surprise win in the US presidential election on November 9, Labour Ministry spokesman Heng Sour said on November 10 that the president-elect’s campaign promise to pull out of the Trans-Pacific Partnership trade deal would restore the Cambodian garment sector’s competitiveness ...

Factory openings provide 50,000 new jobs

More than 100 new factories were registered during the first nine months of the year, creating over 50,000 jobs, a government spokesman said on November 10. Oum Sotha, spokesman for the Ministry of Industry and Handicraft, said the ministry recorded 116 new factory openings from ...

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