Economy and commerce
Investment
Cambodia joins global infrastructure fund in Davos
Cambodia has become the first Asian country to sign on to the Sustainable Development Investment Partnership, a global initiative that aims to unlock the funding of infrastructure projects through public-private sector partnerships. The announcement came during Prime Minister Hun Sen’s four-day visit to the annual ...
Cambodia eyes AIIB loan
Cambodia will begin applying for a loan from the newly established China-backed Asian Infrastructure Investment Bank from next year in response to the current need for infrastructure development. Visiting AIIB vice president and chief investment officer D.J. Pandian met with Vongsey Vissoth, secretary of state at ...
Thai delegation to visit for talks on expanding trade, investment
Thailand’s Deputy Prime Minister Mr Somkid Jatusripitak is due to lead a business delegation to Myanmar early next month on a visit aimed at expanding bilateral trade and investment, the Bangkok Post reported. It quoted Mr Isara Vongkusolkit, chairman of the Thai Chamber of Commerce, ...
Thailand hopes to soar to the top of the aviation industry
As Asia edges towards becoming the world’s leading travel market, Thailand is gearing up to become a full-service aerospace hub, but does it have the facilities, resources and safety standards to dominate this lucrative industry? On an icy cold January day in 2009, US Airways ...
Uber delivers food in Bangkok
If you want to get the food you want from the restaurants you love, all from the comfort of your own home, Uber is now offering its first stand-alone food delivery app that lets you order grub the same way you order wheels. UberEats currently allows ...
Minister vows stable electricity supply
The electricity supply in various special and specific economic zones has been stable, enabling factories to operate smoothly, a minister has said. Minister of Energy and Mines Dr. Khammany Inthilath outlined the situation to local media recently. He admitted that foreign investors, notably Japanese and ...
Ministry lists top ten commercial rice varieties
The Department of Trade Promotion under the Ministry of Industry and Commerce has listed the top ten Lao rice varieties for domestic sale and export. Laos has about 12,000 rice varieties but many of them still need improvement for commercialisation, department Director General Mr Somvang ...
VN expects Japan to become top investor
Prime Minister Nguyễn Xuân Phúc said Việt Nam expected Japan to become its top investor, with more high-tech investments in areas such as green growth, infrastructure development, high-quality agriculture and services as well as privatisation of State-owned enterprises. Phúc was speaking at a business forum ...
Cashew nut exports to hit $3b in 2017
Việt Nam is expected to export 360,000 tonnes of cashews for a value of US$3 billion this year, an increase of 3.4 per cent in volume and 5.6 per cent in value over last year, according to the Việt Nam Cashew Association (Vinacas). Speaking at ...
Japanese investment in light industry desired
Cambodia hopes to see Japanese investment in the light industry sector, which will help develop the kingdom’s labor force. Minister of Commerce Pan Sorasak, in a meeting last week with Japanese Ambassador to Cambodia Hidehisa Horinouchi, asked Japan to consider investing in the light industry ...