Economy and commerce
Trade
Business centre lure for Chinese
Cambodia is to open commercial centres in China to help Chinese investors understand the potential of Cambodia. The centres will soon be established in some provinces, Prime Minister Hun Sen said on his Facebook page during his trip to the Commercial and Tourism Cooperation Forum ...
Vientiane expressway route under scrutiny
Ministries are examining the route of the planned Vientiane expressway to ensure that it avoids densely populated communities after the government recently approved construction of the 14-km expressway in the city centre. Government bodies are carrying out a thorough study and analysis to verify that ...
Plans gather steam for railway linking Vientiane to Vietnamese seaport
Work is gearing up for the planned building of a railway to connect Vientiane to the Vung Ang seaport in Vietnam after the two countries agreed to move forward with the project. The two governments last month signed a Memorandum of Understanding in Vientiane agreeing ...
TPP could be revived at Apec meeting
Japan and other remaining members of the Trans Pacific Partnership will this weekend decide how to revive the trade agreement ditched by US President Donald Trump. Their trade ministers will talk on the sidelines of an Asia-Pacific Economic Cooperation (Apec) meeting in Hanoi, Vietnam, where ...
Laos-China railway construction ‘progressing well’
Construction of the Laos-China railway is gathering steam with many tunnels being bored despite rainfall, officials said yesterday. All three tunnels in Luang Namtha province are being bored with the Boten Tunnel having progressed the furthest at more than 50 metres, project coordinator for Luang ...
National rail system in the pipeline
An agreement to build a national rail system has been reached by the Royal Group and two major Chinese companies. The joint venture will refurbish the rail link from Phnom Penh to the Thai border and upgrade the rail expressway from Phnom Penh to Sihanoukville. There ...
Swine smugglers put on notice
The Ministry of Agriculture has authorised a new private sector task force to investigate reports of widespread pig smuggling and bogus pig-raising operations, which domestic pig farmers claim have put market prices on live swine in a trough. The task force is led by agro-industrial ...
Asia houses 50% of the world’s most expensive cities
Asian cities dominate the list and five Asian cities are among the top 10 cities which are most expensive to live, as per the Economist Intelligence Unit’s Worldwide Cost of Living Survey. Singapore and Hong Kong retained the top two spots and Seoul came in sixth. ...
Connectivity key to ASEAN growth
Southeast Asian business and political leaders meeting in Phnom Penh on May 11 said multilateral connectivity, both physical and digital, was needed to ensure that ASEAN’s development and growth was not restricted by national borders. Delegates attending the second day of the World Economic Forum on ...
Lao, Cambodian PMs vow mutual support, enhanced security cooperation
Visiting Prime Minister Thongloun Sisoulith and his Cambodian counterpart Samdech Hun Sen on Wednesday agreed that Laos and Cambodia would continue to extend mutual support and assistance to drive the two nations’ development. The two premiers met during Mr Thongloun’s visit to Cambodia to attend ...
