Economy and commerce
Trade
Cross-border bridge congestion target of Savan Park proposal
Savan Logistics based in the Special Economic Zone or Savan Park has proposed establishment of Common Control Areas in the park, aimed at easing traffic congestion at the Lao-Thai border checkpoint. Currently the CCA proposal is being discussed among the officials concerned from line ministries, ...
Machinery giant expands to Cambodia
Chinese construction machinery giant Sunward Group will set up an office in Cambodia this year to capitalize on the surge in infrastructure development in the country. He Qinghua, chairman of the board at Sunward Group, told Khmer Times his company is currently researching business opportunities ...
Productive outcome to bilateral talks
Cambodia and Vietnam on April 25 agreed in principle to work together in a range of commercial activities following two-hour talks at Peace Palace between Prime Minister Hun Sen and Vietnamese Prime Minister Nguyen Xuan Phu. Deals were struck relating to a major new highway, education, fisheries ...
Prime Minister tightens amity with Cambodian royal family
Prime Minister Nguyễn Xuân Phúc visited Cambodian King Norodom Sihamoni upon his arrival in the country yesterday. At the meeting, PM Phúc expressed his pleasure to visit Cambodia when the two countries are celebrating the 50th anniversary of diplomatic relations. He lauded socio-economic achievements Cambodia ...
Yusen Logistics building halal warehouse in Thailand
Japan’s Yusen Logistics will build a warehouse that complies with Islamic law in Thailand as early as this month, aiming to capture transport demand in Southeast Asian countries with large Muslim populations such as Indonesia and Malaysia. Islamic law sets various restrictions on products; food ...
ASEAN easing stance on China's maritime encroachment
As leaders of Southeast Asian nations prepare to meet for an annual summit starting Wednesday, their collective stance against China’s territorial ambitions appears to have grown markedly softer, reflecting delicate balancing acts by countries vying for economic assistance from Beijing.Keep reading ...
Official: inspection underway on reported import of human sperm
Health officials are investigating a report that human sperm has been imported into Laos, a senior government official has said. Lao law prohibits the trade of human organs including blood and sperm, Director General of Health Care Department under the Ministry of Health Associated Professor ...
Rice bank project awards contracts
Thaneakea Srov (Kampuchea) Plc, the recipient of a low-interest $15 million loan from the state-run Rural Development Bank, inked contracts on April 24 with three companies to build and outfit its massive 200,000-tonne capacity silo and warehouse facility in Battambang province. The facility, which will have ...
Lifting of farmland limit to spur exports of produce
Expansion of land limits and accumulation of land for large-scale production are expected to be the foundation for the branding of farm produce. Vietnam has become a big farm produce exporter, but most of the products are exported as raw materials and don’t bear a ...
Public relations firms coming to terms with communication revolution
At the 47th Annual Global Summit of Public Relations Organisation Worldwide, more than 60 of the world’s leading PR agency owners had a heated discussion over the fate of communications. While many of the pundits had opposing views on Brexit, the Trump presidency, and the apparent ...