Economy and commerce
Trade
Board of CRF seeks a double term
Just a month since their election, the leaders of the nation’s apex rice industry body have cast a motion to extend their terms – a move some have greeted with suspicion. On August 12, the board of directors of the Cambodian Rice Federation announced it ...
State seeks ways to raise shipments
The government is scheduled to call a joint meeting of Thai commercial counsellors and trade ministers from 65 offices worldwide next month to evaluate exports in the remaining months and map out new strategies to boost shipments in the year to come. Infrastructure development projects such ...
Sihanoukville port IPO rescheduled
The state operator of Sihanoukville’s deep-sea port has pushed back the expected date of its initial public offering to February 2017 in order to give the company more time to resolve land titling and taxation issues, a company official said on August 11. Ty Sakun, ...
Singaporean firms find room to grow in Cambodia
Singaporean firms are taking an increasingly close look at the Cambodian market, both as a low-cost offshore production base and as a destination for their goods and services. Ho Meng Kit, CEO of the Singapore Business Federation, which represents 22,500 Singaporean companies, said as Cambodia ...
Indian pills fuel drug boom in Myanmar
Five years ago, when cold pills first trickled across Myanmar’s untamed border with India, many local officials were baffled. Where was this medicine going, and why were smugglers so interested in it? Today, the cross-border trickle has become a torrent and everyone knows why the Indian-made ...
Malaysian trade agreement inked at Phnom Penh business forum
Cambodia and Malaysia took strides on August 9 to enhance bilateral trade and investment, holding a business forum in Phnom Penh and inking a cooperation agreement aimed cementing existing ties – and forging new ones. Malaysia is one of the top investors in Cambodia, and a cornerstone ...
Decree addresses securities firms
The Government has issued Decree No. 86/2016/NĐ-CP dated July 1, 2016 governing requirements applicable to securities investment and business activities in Việt Nam. The decree applies to securities companies, fund management companies, securities investment companies, foreign securities business organisations, and relevant organisations and individuals in ...
Outlook bright for Thai products in CLMV markets
Thai products enjoy competitive advantages and high opportunities in CLMV markets owing to consumer trust in good image and high quality. The rapidly growing consumer markets of Cambodia, Laos, Myanmar and Vietnam – or CLMV – are becoming important places for exporters to pilot products ...
ASEAN and the EEU: close to free trade zone?
ASEAN and EEU member countries are estimated to have a combined GDP of $3.5 trillion and a combined population of over 700 million. On August 5, Russian media outlets quoted Russian Minister of Economic Development Alexei Ulyukayev as saying that an agreement had been reached ...
GMS cross-border pact on hold
Though all countries in the Greater Mekong Sub-region had signed a cross-border trade agreement 14 years ago to enhance the sub-region’s economic connectivity, the CBTA, however, is yet to be ratified in individual Mekong nations for its full implementation. This was revealed last week by ...
