Economy and commerce

Kingdom’s first abattoir primed for Australian cattle

After a series of technical delays and setbacks, Cambodia’s first industrial slaughterhouse is ready to begin operations and will start production upon receiving its first shipment of 2,000 heads of live Australian cattle in late May, the company behind the project said on 19 April. Ross ...

Chinese-invested giant sugar mill starts operations in Cambodia

Chinese agro firm Rui Feng International Company began operations at its 360-million-U.S.-dollar sugar production factory here on 19 April after spending nearly two years for construction. Cambodian Prime Minister Hun Sen and Chinese Ambassador to Cambodia Bu Jianguo jointly inaugurated the factory, along with a 43,422-hectare sugarcane ...

Banana exports increase tenfold to US$40m

Exports of Lao bananas have grown tenfold from more than 30.8 billion kip in 2011-12 to more than 324.8 billion kip in 2014-15, a recent report revealed. According to preliminary research findings by the National Agriculture and Forestry Research Institute on the commercial production of bananas ...

Laos on track with SEZ development

Deputy Prime Minister Somsavat said SEZs still had strong potential for growth and called on the associated sectors to discuss detailed plans to advance the sector and not only contribute to overall development but also help to boost the growth of the industry and service ...

Champassak company to export processed rubber to Iran

The Bounthan Agriculture Promotion Import-Export Company in Champassak province plans to export processed rubber to Iran next month under a contract signed with the Rahnama Trading Company. The company has 570 hectares of rubber plantations in Champassak province, including 200 hectares that have been planted ...

Cambodia, Laos, Vietnam discuss trade deal

Representatives from Vietnam, Laos and Cambodia gathered Monday in Vietnam’s Central Highlands Dak Lak province to discuss an agreement on trade promotion. The CLV Development Triangle Area covers four Cambodian provinces (Ratanakiri, Stung Treng, Mondulkiri, Kratie), four Lao provinces (Attapeu, Salavan, Sekong, Champasak), and five Vietnamese ...

Thailand to host global summit

Thailand will become the first country in the Asean region to host the world’s biggest tourism summit. The 2017 World Travel & Tourism Council Global Summit will be held in Bangkok on April 26-27, 2017. The most influential travel and tourism event of the year will ...

Viettel to invest $1.5b in Myanmar

The Government of Myanmar has granted a licence to Việt Nam’s military-run Telecommunications Group to invest in building a modern telecommunication network across the country. Keep reading ...

The Dawei Special Economic Zone in Myanmar

Thailand and Myanmar signed a memorandum of understanding (MoU) in 2008 to develop the DSEZ; one the three special economic zones in the country expected to stimulate growth by drawing in foreign investment. About eight years later work on the DSEZ has been minimal. On the ...

Rubber association set to be established

The Lao National Rubber Association will be established sometime this year in order to help provide a sustainable income for rubber growers. Many rubber growers, especially in the northern provinces, have been struggling with the low price of rubber on the world market and the limited ...

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