Economy and commerce

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 ...

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 ...

Laos and Cambodia on Monday signed a document agreeing on the need to increase flights between the two neighbours to meet the growing demand for air transport. Head of the Air Transport Division, Department of Civil Aviation, Mr Viengsay Singkham told Vientiane Times  on March ...

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 ...

The cabinet on March 21 gave the nod to the Small and Medium Enterprise Development Bank of Thailand to extend up to Bt15 billion in loans to small and medium-sized enterprises. The cabinet also approved plans for a major industrial estate development project in Sa Kaeo. “About ...

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 ...

Hà Nội plans to build 100 safe food chains this year to ensure supplies of safe vegetables and meat for the capital and reach annual targets on food hygiene. Planners believe the targets can be achieved by clearly identifying the origin of products and placing more ...

Proper investigation has been ordered into enterprises whose operations violate regulations and laws, notably those raising funds illegally from individuals for business operations, the government spokesman has said. The instruction was made at the government monthly meeting for March, which took place last week in ...

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 ...

Germany is giving Myanmar a Euro 23 million loan to supply electricity to 416 villages in southern Shan State, a Electricity and Energy Ministry official said. ​He that Germany had agreed to loan the funds totalling Euro 23.884 million, and the matter was now pending ...