Trade

Vietnam and China are gaining new impetus in economic relations, as evidenced by the continuous growth in bilateral trade revenue in the first half of 2015.Statistics from Vietnam’s General Statistics Office (GSO) released on Monday showed that China remained the largest trade partner of Vietnam ...

China is the Kingdom’s top rice importer, and is also bringing in Cambodian cassava, rubber, cashews, peppers and a small amount of corn. But experts say efforts to increase export shipments and open Asia’s biggest market to new products will fall short unless Cambodia addresses ...

Thailand wants more Japanese businesses to expand their investment in Thailand, especially in government-promoted special economic zones (SEZs) that could be used as production bases once the Asean Economic. ​ The prime minister said Thai border trade of 900 billion baht a year could potentially grow ...

Cambodia has exported around 283,825 tons of milled rice in the first six months of 2015, up about 60% from around 177,928 tons exported during the same period last year, Phnom Penh Post quoted data from Secretariat of One Window Service for Rice Export Formality. ...

The United States has agreed to renew its Generalised System of Preferences (GSP) for Thailand until the end of 2017, the Commerce Ministry revealed on Wednesday. The reinstatement order happened on Monday. It is valid four years and five months. As the tariff privilege takes retroactive ...

Three Thai banks have joined IFC’s $65 million syndication loan to a Cambodian microfinance institution to boost the access to funding of micro, small, and medium rural and agricultural enterprises, most of which are owned by women.  ...

Inadequate milling and storage facilities; meager financing options and consequent bankruptcies among small farmers; as well as recent migration of a number of male farmers to Thailand are all undermining Cambodia’s capacity to increase its exports, local sources quoted experts as saying. ...

Cambodia’s ambitious goal of exporting one million tons of rice this year has been quietly dropped. A follow-up export goal of 600,000 tons also is falling by the wayside. Undermining these goals is the reality of the rice paddies: labor emigration to Thailand, high costs for ...

Leaders of Ayeyawaddy-Chao Phraya Mekong Economic Cooperation Strategy (ACMECS) incorporating Cambodia, Laos, Myanmar, Thailand and Vietnam reiterated their commitment Tuesday to supporting the ASEAN Community building in 2015 and beyond.​​ ...

Thailand has made great strides to adjust its rules and regulations to work seamlessly with the ACMECS member nations and their plan of action, Prime Minister Prayut Chan-o-cha said Tuesday. The success of the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) grouping was setting the pace for ...

RTB Technology, an IT-gadget distributor, is gearing up to cash in on the emerging market for connected devices as it aims to grow revenue this year by 10 per cent to Bt450 million. However, apart from expanding its line of products to cover the two ...

The 7th annual Cambodia-Laos-Vietnam-Myanmar (CLMV) summit took place in Naypyitaw on Monday at the Myanmar International Convention Centre 1. According to a joint statement released at the CLMV summit, the appointees from all participating countries reviewed the progress of projects agreed upon in the previous CLMV ...

In anticipation of increasingly adverse export conditions, entrepreneurs from six northeastern provinces of Thailand are trying to strengthen ties with their counterparts here. ...

Bilateral trade between China and Cambodia will be worth more than $5 billion by 2017, up from $3.75 billion last year, according to estimates made public by the Ministry of Commerce on Monday. ...

Daimler India Commercial Vehicles Pvt. Ltd. (DICV), a 100 per cent wholly owned subsidiary of Daimler AG, Stuttgart, Germany along with Mitsubishi Fuso Truck and Bus Corporation, Japan (MFTBC), a Daimler Company, started exporting its DICV-made FUSO trucks to Cambodia, making it the 13th market ...

The National Food Authority (NFA) of the Philippines has re-invited bids for the remaining 100,000 tons from the June 5 tender, BusinessworldOnline quoted Reuters. The NFA has reportedly invited governments of Thailand, Vietnam and Cambodia, with which the Philippines has bilateral agreements, to send their bids ...

Police have seized some 31 tonnes of refined sugar illegally imported from Cambodia, while investigating a rubber farm in the southeastern province of Tay Ninh’s Chau Thanh district. ...

Negotiators from 16 Asia-Pacific countries ended their eighth round of talks to promote a deal that would free up their trade early Sunday, falling short of setting any ambitious goal of eliminating tariffs. ...

An updated version of the draft Trade Union Law gives the Labor Ministry the power to suspend unions that “cooperate” or hold joint activities with groups the government deems to have caused economic sabotage or “damaged” the national interest, according to a copy of the ...

Cambodia’s central bank is seeking to promote the use of the riel and wean the Kingdom’s economy off its dependence on the US dollar, a senior banking official said on Tuesday. Speaking at a luncheon organized by the British Chamber of Commerce in Cambodia (BritCham), Chea ...

Cambodia’s exports to Japan dramatically increased during in the first quarter of 2015, bucking the trend of fellow ASEAN member states who all saw a decline in shipments to Japan over the same period. ...

Viet Nam won a bid for rice supply to the Philippines late last week, with an offer of US$410.12 per tonne, according to the Philippines’ National Food Authority (NFA). ...

Cambodia and Thailand are targeting to boost bilateral trade to more than US$5 billion in 2015, Vietnam News Agency (VNA) reported. In the first quarter of 2015, bilateral trade between both countries reached over US$1.6 billion. ...

Cambodia exported 243,025 tons of milled rice in the first five months of 2015, a 64 percent rise from the 148,262 tons over the same period last year, according to an official report on Sunday. ...