Economy and commerce
Trade
Thai exports slide 2.76% in value on year in February
Exports in February decreased in value year on year for the first time in four months, a decline attributed to the high value of gold and aerospace exports in February 2016, according to the Commerce Ministry. The ministry reported that export value last month declined by ...
June deadline to end Tricyclazole use
The European Commission has said Cambodia’s milled rice industry must eradicate the use of the fungicide Tricyclazole by June. The strict new Maximum Result Limit will mean rice must not contain more than 0.01 milligram of the chemical per kilogram of the grain. The limit was adopted ...
Small Chinese wheat mills feel the pressure
Rising wheat prices in China are putting pressure on thousands of the country’s small flour mills, speeding up rationalization of the world’s biggest milling industry and boosting the market share of bigger players. Many small-scale mills have been forced to shut down or cut back operations ...
Alternative to TPP shows no sign of activity: analysts
While Prime Minister Hun Sen has publicly expressed his distaste for the Trans-Pacific Partnership, which was dealt a critical blow by US President Donald Trump’s decision to withdraw the United States from the agreement, economists say there has been little visible progress in cementing a ...
Rice exports to China still facing challenges, official says
The trade in rice products between Laos and China still faces challenges due to the demand for high quality by Chinese buyers, according to a senior trade promotion official. This means Lao producers will have to try a lot harder to produce high quality rice ...
Transparency or risk fine, warning for online sellers
Online traders must display prices and details of products and services or risk being fined, the government has warned. Nuntawan Sakuntanaga, director-general of the Internal Trade Department, said the Royal Gazette recently published the announcement of the central commission on prices of goods and services signed ...
Saving Vietnam's floating markets
Amid mighty rivers and dense mangroves, the busy floating markets in Vietnam’s Mekong Delta have long shaped the delta’s well-known “water civilization.” As many as a dozen floating markets still remain along major waterways around the delta, where boats, houses, and markets float upon the ...
New crisis seen as unlikely, economists say, but caution urged
Economists have urged caution while watching for a continuing recovery, recalling the adage about the frog that died by failing to notice that the pot of water it was sitting in was slowly coming to a boil. “It is almost a consensus among economists that the ...
Vietnam's Vung Ang port vital for shipment of Lao goods
Vietnam has announced it will continue to create favourable conditions for the transit of Lao goods via Vung Ang Port in central Vietnam’s Ha Tinh province. This was relayed by Vietnamese Deputy Minister of Transport Le Dinh Tho to Laos’ Minister of Planning and Investment ...
Exports of breast milk halted
The government on March 20 temporarily banned the export of breast milk from Cambodian women to the US market, citing fears that children’s nutrition may be neglected. The decision to halt exports from Ambrosia Labs – the only company currently collecting Cambodian breast milk to ...
