Economy and commerce

E-commerce giant Alibaba Group is still investing in Thailand, planning to set up a regional electronic-trade centre and logistics system here to link Cambodia, Laos, Myanmar and Vietnam markets, Industry Minister Uttama Savanayana said. In response to China’s biggest e-commerce company also setting its foothold ...

Despite a ban on the export of timber to Vietnam and the creation of a much-publicised anti-logging task force, Cambodia last year still exported nearly $33 million dollars’ worth of unprocessed logs to its eastern neighbour, a volume more than double that of 2015, according ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

A constant supervision system installed at all airports and flight control centres and on airlines would help ensure security for Viet Nam’s aviation industry, experts have said. The country’s aviation industry has three independent information systems used by Vietnam Airlines, airports and flight control centres, but ...