Trade

More than 40 rice millers have applied for quality checks to allow for export to China but most have not yet reached a high enough standard, the Agriculture Ministry said. Applications were received in a second call for expressions of interest after 28 millers gained certification ...

Cambodia has seen a marked increase in industrialisation over the past five years, with the number of factories nearly doubling during that period and producing a broader range of goods for both export and domestic consumption, according to new unreleased government data. In the yet-unpublished ...

Laos and Vietnam have agreed to take the next steps to start construction of an expressway linking the capitals of Vientiane and Hanoi this year. The agreement was reached at a bilateral meeting held in Hanoi on Tuesday between Laos’ Ministry of Public Works and ...

Foreign fund managers posed several questions to Finance Minister Apisak Tantivorawong after he gave his keynote speech at the CLSA ASEAN Forum 2017 on March 9. One member of the audience asked Apisak when the general election would take place, adding that investors really wanted to ...

On February 24, 2017, the Vietnamese government released the new transfer pricing Decree No. 20/2017/ND-CP ‘Providing tax administration applicable to enterprises having controlled transactions’ (Decree 20), which will take effect from May 1, 2017. Decree 20 replaces the existing TP regulations (Circular No.66/2010/TT-BTC) and provides new ...

The US trade deficit jumped to a near five-year high in January as rising oil prices helped to push up the import bill, pointing to slower economic growth in the first quarter and posing a challenge for the Trump administration. President Donald Trump took office ...

HomePro, a leading home improvement retailer in Thailand, is mulling expansion to neighboring countries – including Cambodia next year – with an investment budget of between $170 million and nearly $200 million. Rakpong Aroonwatdhana, HomePro’s head of investor relations, is quoted by the Bangkok Post ...

The first draft of a policy to develop specific industries in the Mandalay Region has been completed and will soon be presented to the Hluttaw once the policy is finalised. Work on drafting the policy began three months ago, and focuses on the sectors of agriculture, ...

A rebound in Southeast Asia’s palm oil production this year is forecast to drag down prices of the tropical product in the second half, with additional pressure coming from an expected slowdown in demand from top importers India and China. Tight supplies following a drought in ...

The owners of two manufacturing plants in a Vientiane industrial park that were ordered to temporarily suspend their operations amid fears over environmental impacts are still waiting for a final answer on their case from the government. Two foreign-owned manufacturing plants in Vientiane Industry and ...