Economy and commerce
Investment
Rakhine commerce minister sees bright future for black bean exports
The Rakhine State commerce minister is hoping around 10,000 tonnes of black gram beans will be exported to India from Sittwe this year, pending completion of the Kaladan Multi-Model Transit Transport Project. The Kaladan project will connect Mizoram in India to Sittwe, the capital of Rakhine ...
Polluted water causes mass clam deaths in Thanh Hóa
Sea water and wastewater samples related to mass clam deaths in central Thanh Hóa Province have failed to meet environment criteria, said Lê Văn Bình, head of the Environmental Protection Branch under the provincial Department of Natural Resources and Environment, on January 8. All the ...
Kampot pepper pact keeping prices stable
Kampot pepper prices are set to remain stable for another year as part of an agreement between local producers that caps prices through the end of 2017, a representative of the pepper association said on January 8. Ngoun Lay, president of the Kampot Pepper Promotion ...
Decline in transfers linked to rice prices
International fund transfers to Cambodia through Acleda Bank, which claims to handle a quarter of all inbound fund transfers to the country, decreased slightly last year as a result of lower rice prices, a bank executive said on January 8. In Channy, president and group ...
SME export aid measures en route
The Industry Ministry has planned further measures to raise the competitiveness of small and medium-sized enterprises in the export market, says Industry Minister Uttama Savanayana. He said the ministry is working with related government agencies to draft stimulus packages that will help cut costs and ...
Luang Namtha targeting rubber for poverty reduction
Luang Namtha provincial authorities are allowing some poor families to grow rubber trees on their small allotments to discourage illegal plantings in forest conservation areas. An official from the provincial Planning and Investment Department, Mrs Phommy Somboun, told Vientiane Times on January 5 the policy was ...
Laos, Cambodia open new international border checkpoint
Lao Prime Minister Thongloun Sisoulith and his Cambodian counterpart Hun Sen will attend the official opening ceremony of the new Nong Nokkhiane-Trapeang Kriel international border checkpoint on January 10, according to Laos’ Ministry of Foreign Affairs on January 5. The new international border checkpoint will ...
Kingdom preps for China trade center
Cambodia plans to open a trade center in China this year and the Commerce Ministry is hoping the initiative broadens economic relations and cultural exchange. Soeng Sophary, spokeswoman for the Commerce Ministry, told Khmer Times that a group of delegates from the ministry are currently in ...
Cambodia’s rice exports fall sharply
Cambodia’s milled rice exports only grew by a dismal 0.7 percent last year compared with 2015 and this was the lowest since 2014, according to government figures released on January 5. “Last year Cambodia only exported 542,144 tons of milled rice and the lowest exports ...
Agriculture sector expects further investments with slashed policies
Local and foreign investors are welcoming the government’s landmark move to eliminate agricultural policy-related obstacles in a bid to attract more investment in the agricultural sector. Hong Sun, secretary general of the Korean Chamber of Business in Vietnam, told VIR that the Korean business community in ...
