Economy and commerce
Trade
Public urged to report inferior goods
Action will be taken against unscrupulous traders who market non-standard or low quality goods if the public report them to Yangon Region’s consumer dispute settlement body, said U Myint Cho, regional head of Department of Consumer Affairs. Urging the public to lodge complaints on non-standard ...
Lazada to provide online training to local SMEs
Lazada Group, a subsidiary of Chinese e-commerce giant Alibaba Group, plans to provide training to 30,000 local small and medium-sized enterprises this year to raise their online capabilities. The development has come after Alibaba signed a letter of intent with the government to help it move ...
Exports to grow 8% on value-added items
The value of Thai food exports is projected to grow by 8% this year to reach US$26 billion thanks to more value-added food items and higher global demand. Malee Choklumlerd, director-general of the International Trade Promotion Department, said Thailand shipped about $24 billion worth of ...
Kampot pepper prices plunge
Pepper prices in the Kingdom’s largest pepper producing region have fallen over 30 percent in the last year due to growing international supply that is leading to higher competition in the market, an industry expert said on March 16. Hong San, president of the Dar-Memot ...
FDA urged to issue product safety details
Consumer protection networks have called on the Food and Drug Administration to reveal information on products certified by the agency to help ensure the safety of consumers who buy them online. Sathaporn Arakwatana, a freelance researcher on consumer rights, said the FDA should disclose a ...
Sugar slowly moves to market
Cambodia’s five major sugar producers exported just 4 percent of the country’s planned refined sugar capacity to the international market last year, equalling only 80,000 tonnes, a sign that government officials said means the sector still has ample room for growth as sugar companies push ...
PM calls for overhaul of VN rice sector
It’s time to overhaul Việt Nam’s rice production given that the staple plays an irreplaceable role in the country’s agriculture, Prime Minister Nguyễn Xuân Phúc said on March 15, adding that the rice sector needs to pay more attention to the domestic market of nearly ...
Spanning the economic gap between Asia and Latin America
Politically, 2016 was a volatile year. The electoral changes in Europe, North America, and Asia have created uncertainties for international trade and investment in 2017. It’s clear that there’s a growing sense of nationalism and anti-internationalization where the masses feel they are missing out on ...
Prime Minister urges Xanakham to take up organic farming
Prime Minister Thongloun Sisoulith on Monday visited Xanakham district, Vientiane province, where he encouraged local authorities to switch to organic agriculture and abandon the use of chemicals. He urged authorities to make use of the local potential for organic agriculture, saying this would help to ...
Cambodia, Vietnam build ties
Cambodia and Vietnam have vowed to build closer ties and improve border trade after three days of closed-door meetings. Chum Sounry, the spokesman for the Foreign Affairs Ministry, said officials from the two countries spent time discussing how to work together on agriculture, education, culture, energy, ...