Trade policy and regulation

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 ...

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. ...

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 ...

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 ...

The Cambodian government is trying to weather criticism over the lack of transparency concerning the proposed draft law on NGOs that is now in the hands of the National Assembly. But another important draft law regulating trade unions is being heavily criticized for violating international ...

The European Union is increasingly scrutinising abuse of its Everything But Arms treaty with Cambodia, underscoring both the importance of the zero-tariff agreement to the Kingdom’s economy and the potential for its misuse. In Cambodia’s rice sector, fears that cheap rice from neighbouring countries is ...

On May 19, 2015, the European Union (EU) adopted a Joint Communication: The EU and ASEAN: a partnership with a strategic purpose. The communication calls for taking “trade relations with ASEAN to a different level and working towards an ambitious region-to-region free trade agreement (FTA) ...

Cambodian rice exporters are expressing concern that the country’s rice exports to the European Union (EU) under the Everything But Arms (EBA) agreement have been facing a stiff competition from Myanmar, which also exports rice to the EU under the EBA agreement, according to local ...

Cambodia will continue to diversify its export markets, and is optimistic that investors will reap good benefits from investing in the country. Prime Minister Hun Sen said to expand its exports, the government would promote transport connectivity and the logistic systems, improve the regulatory framework and ...

ASEAN and the European Union (EU) are set to explore the possible resumption of talks on a free-trade agreement (FTA) after the ASEAN Economic Community comes into effect this year, Malaysia’s Bernama news agency reported Sunday. ...

Prime Minister Hun Sen met with Chinese President Xi Jinping on the sidelines of the 60th Asian-Af­ri­can Conference Commemoration in Bandung, Indonesia, on Thursday, announcing further cooperation between the two countries, local media reported Friday. ...

On April 19, the 24th World Economic Forum on East Asia kicked off in the Indonesian capital of Jakarta. One of the main events was a conversation on “East Asia in the New Global Context,” which featured two heads of state – Cambodian prime minister ...

Grand Twins International, the second firm to list on the Cambodian Securities Exchange, reported $13.27 million in revenues during the last three months of 2014, down 28.6 per cent from its figures reported in 2013. ...

Grand Twins International, the second firm to list on the Cambodian Securities Exchange, reported $13.27 million in revenues during the last three months of 2014, down 28.6 per cent from its figures reported in 2013. ...

Vietnam has agreed to join Thailand, Malaysia and Indonesia in a regional trading network aimed at shoring up rubber prices. Thailand has lobbied other rubber-producing countries in the region, including Laos, Cambodia and Myanmar, to form the council. Officials are expected to meet on April ...

Hoping to give more teeth to its Act East Policy, the Modi government has decided to expand India’s economic links with Cambodia, Laos, Myanmar and Vietnam (CLMV) by promoting private sector investments in these countries through a project development company. ...

The ministers expect ASEAN’s economy to improve in 2015 to 5.1% – above the 3.5% global growth projection – based on the stronger demand in advanced economies, energised by the robust US recovery and several policy stimulus measures in the Eurozone and Japan. ...

The Ministry of Commerce will lead a series of provincial forums next week aimed at promoting greater awareness of the ASEAN Economic Community (AEC) among rural businesses. Commerce Minister Sun Chanthol is to talk about both the challenges and opportunities that deeper regional economic integration will ...

Malaysian Prime Minister Najib Razak said on Thursday that further integration in the Association of Southeast Asian Nations (ASEAN) will result in the emergence of a new economic power in the region. ...

The House of Representatives of Belarus ratified a number of Belarusian-Cambodian agreements on 4 November, BelTA has learned. ...