Economy and commerce
Trade
Good infrastructure vital for ASEAN
The availability of good infrastructure at the national level of ASEAN countries is a prerequisite if they are to benefit from regional economic integration, delegates told a panel at the World Economic Forum on ASEAN on May 11. “Better physical infrastructure development in the country ...
ASEAN hails a regional techno future
ASEAN leaders at the World Economic Forum said on May 11 they strongly believed that the Fourth Industrial Revolution would spark a new momentum in the region after 50 years of tremendous growth. Prime Minister Hun Sen, who is hosting the WEF on ASEAN, said in his ...
Lao PM visits Malaysia to boost ties
Lao prime minister Thongloun Sisoulith and his delegation were on an official visit to Malaysia from Tuesday to May 10 at the invitation of Prime Minister Najib Tun Abdul Razak. This is Thongloun’s first visit to Malaysia since taking the top government post a year ago. His ...
Three EEC projects to be proposed
A working group on the Eastern Economic Corridor set up by the Cabinet plans to propose to the EEC Committee at the end of this month that it open opportunities for the private sector to join in the development of three infrastructure projects worth a ...
President to attend Road and Belt Forum in China
President Bounnhang Vorachit will attend the Belt and Road Forum for International Cooperation taking place from May 14 to 15 in Beijing, while economists say China’s Belt and Road Initiative will benefit the Lao economy. The president will lead a high-level delegation from Laos to ...
Youth keying into digital economy
Southeast Asia’s youthful population is embracing the internet and rapidly connecting to the digital economy, creating enormous potential for economic growth throughout the region, panellists at the World Economic Forum on ASEAN said on May 10. Addressing a panel discussion on “The ASEAN Dream”, Kao ...
Minister aims to boost farming through partnerships
The government is considering setting up public private partnerships to add value to the country’s farming industry, Agriculture Minister Veng Sakhon has told a meeting of senior regional leaders. Speaking at the Grow Asia Forum on May 10, Mr Sakhon said Cambodia is in the ...
Japan agrees aid for port expansion
The Japanese government has agreed to help Sihanoukville Autonomous Port (SAP) introduce an electronic system for handling import and export procedures. The Electronic Data Interchange (EDI) system will allow companies to send one another electronic information, replacing the manual method currently in use. The agreement ...
BAAC taps tech to boost farmers’ incomes
The bank for Agriculture and Agricultural Cooperatives is stepping up its push to become more customer-focused under initiatives aimed at boosting farmers’ incomes. The bank also plans to upgrade 900 of what it calls community financial institutions by teaming up with grass-roots financial organisations. The moves ...
Laos, Malaysia strengthen ties
Prime Minister Thongloun Sisoulith and his delegation are officially visiting Malaysia from May 9-10 at the invitation of Prime Minister Dato’ Sri NajibTun Abdul Razak. This is Mr Thongloun’s first visit to Malaysia since taking the top government post a year ago. His visit aims ...
