Economy and commerce
Investment
ASEAN-China talks set for Cambodia
Cambodia will host the 20th ASEAN-China meeting aimed at boosting further discussions on the Declaration on the Conduct of Parties in the South China Sea which could lead to finalizing the framework of the Code of Conduct. The two-day meeting of the joint working group on ...
$5 mil Smart fund launched for start-ups
Smart Axiata, Cambodia’s leading telecommunications company, on March 28 launched a $5 million venture capital fund for digital service companies and start-ups in the country. The Smart Axiata Digital Innovation Fund aims to meet demands for cash and expertise as the number of Cambodian digital entrepreneurs increases ...
Border crossings surge at Saravan entry point
Great changes are in evidence since the Lalay border crossing was upgraded to an international checkpoint between Saravan province in Laos and Quang Tri province in Vietnam in June 2014. Director of the Saravan provincial Department of Information, Culture and Tourism, Mr Somchay Ounchit, told ...
Ease irksome barriers to enhance business environment, PM advises
The Prime Minister has urged line ministries to remove any unnecessary barriers to help boost the country’s business environment and promote domestic and foreign investment. The government is trying to develop a favourable business environment and simplify unnecessary procedures that are a hindrance to the ...
Land issues, SME promotion dominate Party meeting
The leadership of the Lao People’s Revolutionary Party has told the government to continue to prioritise the addressing of land issues along with greater promotion of small and medium enterprises (SMEs) to boost the economy. The Party leadership gave the advice at the fourth Plenary ...
Asean delegates prepare for sustainable tourism awards
Delegates from ASEAN member states are in Vientiane to attend a training session titled ASEAN Master Assessors on ASEAN Sustainable Tourism Award, to prepare for awards in January 2018. The aims of the award are to encourage jointly responsible actions among public, private and local ...
Migrants expected to meet demand for unskilled labour in Chon Buri
The number of unskilled migrant workers in Chon Buri province is expected to increase significantly, by about 30,000 annually over the next three years, driven by the government’s Eastern Economic Corridor development project. The EEC is expected to attract more private investment as well as labourers ...
Thanh Hoa factory fined for polluted discharge
A tapioca starch production plant in central Thanh Hoa Province has been fined VND310 million (US$13,710) for polluting the environment. The Ba Thuoc plant, located in Ba Thuoc District’s Thiet Ong Commune, was found to be discharging wastewater into Ma River with pollutants exceeding the ...
British trade mission targets ASEAN integration
The UK Department of Trade is leading a trade mission to Southeast Asia and the delegation will visit Myanmar on March 30 and 31. The trade mission focuses on infrastructure, energy and education. Before coming to Myanmar, the trade mission to Asian Development Bank and ...
Push to reduce chemical dependency
The Ministry of Agriculture is working to develop a procedural framework for the trade and use of biological control agents in agriculture in an effort to improve crop yields, protect consumer health and ensure continued access to key export markets. Regulation could also create opportunities ...
