Economy and commerce
Investment
Agriculture firms receive Gov’t funds
State credit institutions will offer enterprises developing national agricultural products 70 per cent of investment capital support, said the Ministry of Planning and Investment. MPI has finalised a draft decree on policies encouraging enterprises to invest in agriculture and rural areas to submit to the ...
Myanmar to receive first foreign coaching on communications via Singapore agency
As Myanmar’s growing economy creates opportunities for communications professionals in a wide range of industries, Rice Communications, a Singaporean public relations agency with presence in the nation, has planned to conduct a free training on PR and communications. Sonya Madeira, founder and managing partner of ...
Deep-sea fishing banned in Formosa spill area
Fishermen from the central provinces, which saw the Formosa spill, have been warned not to catch species living in the deepest levels of the ocean for 20 nautical miles offshore. Deputy Prime Minister Trương Hòa Bình issued this advisory on Wednesday during a meeting with ...
NA session ends, calling for govt to pursue targets
The National Assembly’s Eighth Legislature ended its third ordinary session on May 18, calling for the government to work harder in the pursuit of development targets. In her closing remarks, NA President Ms Pany Yathotou said the 17-day session agreed on multiple points that the ...
RCEP opens markets for Cambodia
The Regional Comprehensive Economic Partnership has the potential to deliver significant business opportunities for Cambodia, given that the 16 RCEP participating countries contribute about 30 percent of global GDP and more than a quarter of world exports, said a Commerce Ministry official on May 18. “RCEP ...
Business centre lure for Chinese
Cambodia is to open commercial centres in China to help Chinese investors understand the potential of Cambodia. The centres will soon be established in some provinces, Prime Minister Hun Sen said on his Facebook page during his trip to the Commercial and Tourism Cooperation Forum ...
Expressway on track
A proposed expressway from Phnom Penh to the coastal province of Preah Sihanouk is due to be constructed by the end of the year. The move aims to contribute to the industrial development of the province, which the government sees as an industrial development zone. The ...
Vientiane expressway route under scrutiny
Ministries are examining the route of the planned Vientiane expressway to ensure that it avoids densely populated communities after the government recently approved construction of the 14-km expressway in the city centre. Government bodies are carrying out a thorough study and analysis to verify that ...
Telecoms, media see profits slide
LISTED telecom, media and entertainment firms reported a drop in first-quarter net profit even though some of them recorded revenue growth, as their costs rose from both network installation and higher licence fees. Weighed down by costs. Companies in the telecoms, entertainment and media sectors ...
TPP could be revived at Apec meeting
Japan and other remaining members of the Trans Pacific Partnership will this weekend decide how to revive the trade agreement ditched by US President Donald Trump. Their trade ministers will talk on the sidelines of an Asia-Pacific Economic Cooperation (Apec) meeting in Hanoi, Vietnam, where ...
