Economy and commerce
Trade
Kingdom’s first abattoir primed for Australian cattle
After a series of technical delays and setbacks, Cambodia’s first industrial slaughterhouse is ready to begin operations and will start production upon receiving its first shipment of 2,000 heads of live Australian cattle in late May, the company behind the project said on 19 April. Ross ...
Banana exports increase tenfold to US$40m
Exports of Lao bananas have grown tenfold from more than 30.8 billion kip in 2011-12 to more than 324.8 billion kip in 2014-15, a recent report revealed. According to preliminary research findings by the National Agriculture and Forestry Research Institute on the commercial production of bananas ...
Champassak company to export processed rubber to Iran
The Bounthan Agriculture Promotion Import-Export Company in Champassak province plans to export processed rubber to Iran next month under a contract signed with the Rahnama Trading Company. The company has 570 hectares of rubber plantations in Champassak province, including 200 hectares that have been planted ...
Cambodia, Laos, Vietnam discuss trade deal
Representatives from Vietnam, Laos and Cambodia gathered Monday in Vietnam’s Central Highlands Dak Lak province to discuss an agreement on trade promotion. The CLV Development Triangle Area covers four Cambodian provinces (Ratanakiri, Stung Treng, Mondulkiri, Kratie), four Lao provinces (Attapeu, Salavan, Sekong, Champasak), and five Vietnamese ...
Concerns grow over Cambodian rice exports
Taing Chhung Ngy, director of market promotion at rice exporter LBN Angkar (Kampuchea), said that March’s sub-par performance was just the first indicator that the sector’s growth was decelerating. The decreasing amount of rice exports in March shows that the issues that rice millers and exporters ...
SME sector faces risks and reward under NLD
Myanmar’s small and medium enterprises will face both opportunity and risk under the incoming National League for Democracy government, industry observers say. In particular, anexpected increase in foreign direct investment could separate the strong from the weak. Keep reading ...
Asean ministers, bank governors strengthen financial regional integration
Financial integration, financial service access, and financial stability have been the central issues in discussions among Asean finance ministers and central bank governors at the meeting in Vientiane over the past few days. The ministers and governors have agreed upon the direction of regional cooperation ...
Vietnam plans to replace rice with more profitable crops
Vietnam plans to gradually reduce rice production and switch to other more profitable crops, a plan that experts say makes sense since the country grows so much paddy and is a massive exporter of the unprofitable crop. The National Assembly’s Economic Committee recently agreed with the ...
ADB see China slowdown hitting Thailand through 2017
Softer growth prospects for China and a weak recovery in major industrial economies are expected to suppress economic growth in developing Asia and cut Thailand’s growth by half a percentage point, according to an Asian Development Bank report released March 30. Keep reading ...
Rosewood haul found in Tbong Khmum tied to local chief
Provincial authorities in Tboung Khmum province on 26 March said they discovered 17 tonnes of illegal rosewood hidden on a commune chief’s family’s land, only to have a mob of armed local residents break into the property that night and steal potential evidence. Keep reading ...