Bangkok Post

Rice exporter turns to Cambodia

Capital Rice Ltd, Thailand’s third-largest rice exporter, is shifting some of its business to Cambodia as the Thai market shrinks because of government intervention that has diverted grain into state stockpiles or made it too expensive to ship. “We have built a medium-sized milling house in ...

http://www.bangkokpost.com/breakingnews/332629/disillusioned-rice-exporter-turns-to-cambodia

Government okays maize imports

The cabinet approved a plan for the Public Warehouse Organisation to import 450,000 tonnes of tariff-free maize from Laos and Cambodia. Another 250,000 tonnes of maize would be imported from Cambodia, with 100,000 tonnes in August and another 150,000 tonnes between November and January 2014 ...

http://www.bangkokpost.com/business/economics/331949/government-okays-maize-imports

Energy security linked to firm borders

Energy supplies will be more secure once territorial disputes between Thailand and Cambodia are resolved, Department of Mineral Fuels director-general Songpob Polchan said on Friday. Mr Songpob said that the sooner Thailand and Cambodia are able to work out their differences, the sooner they can exploit ...

http://www.bangkokpost.com/breakingnews/330370/end-to-border-row-to-help-energy-sector

Thai-Cambodia buses ready to roll

Thailand and Cambodia will launch the first bus services linking Bangkok with Siem Reap and Phnom Penh in the next two weeks. The first bus service between the two countries will debut on Dec 29, said The Transport Co, a state enterprise under the Transport Ministry. The ...

http://www.bangkokpost.com/breakingnews/326227/thailand-to-launch-bus-routes-to-cambodia

Trat businesses prepare for boon as Cambodian industrial estate opens

Businesses in Trat province have been told by officials to shape up and prepare for massive new opportunities when Cambodia opens the Koh Kong Industrial Estate later this month. The industrial estate, close to the Trat border, will be inaugurated by Cambodian prime minister Hun Sen ...

http://www.bangkokpost.com/news/local/325257/trat-businesses-prepare-for-boon-as-cambodian-industrial-estate-opens

T.K. Garment Co moves across the border for cheaper wages

When the government decided to raise the daily minimum wage to 300 baht nationwide, labour-intensive industries knew sunset was descending on their businesses. As a leading original equipment manufacturer (OEM) for popular clothes lines in Thailand, the company is relocating its largest production site to ...

http://www.bangkokpost.com/business/economics/324412/sunrise-in-cambodia

Cambodian NGO: PTT entry would benefit consumers

A Cambodian NGO believes that investment by Thailand’s PTT oil conglomerate in petroleum projects in the region would promote competition and benefit consumers. Thailand’s largest petroleum firm said lastThursday it is currently studying options for petrochemical and oil refinery projects in three Asean countries — Cambodia, ...

http://www.bangkokpost.com/business/news/323691/cambodia-ptt-entry-would-benefit-consumers

Aeon eyes major Asean expansion

Aeon Thana Sinsap (Thailand) plans aggressive business expansion both here and in neighbouring countries. The leading Japanese non-bank company is using Thailand as a centre to expand its businesses in other Asean countries. Aeon Thana Sinsap plans to offer more financial services in Cambodia, Vietnam, Laos and ...

http://www.bangkokpost.com/business/economics/323617/aeon-eyes-major-asean-expansion

SCB focus on Myanmar, Laos, Cambodia

Siam Commercial Bank will begin expanding its footprint across the region in anticipation of greater business opportunities and competitive pressures with the launch of the Asean Economic Community in 2016. SCB, Thailand’s third-largest bank in terms of assets, operates branches in Laos, Singapore and Hong ...

http://www.bangkokpost.com/business/economics/322667/scb-focus-on-myanmar-laos-cambodia

AEC pushed back 12 months

Asean leaders have decided to delay the launch of the Asean Economic Community (AEC) for 12 months from Jan 1 to Dec 31, 2015 to prepare the necessary regulations. Lao deputy Prime Minister and Minister for Foreign Affairs Thongloun Sisoulith told the Bangkok Post that Asean ...

http://www.bangkokpost.com/news/local/321914/aec-pushed-back-12-months

Merit in rice trade plan

The cabinet on Tuesday approved a proposal allowing the Commerce Ministry to form a rice trade partnership with Asean’s four other rice-producing countries, namely Vietnam, Laos, Cambodia and Myanmar, to stabilise rice prices in the global market and to promote food security in the region. The ...

http://www.bangkokpost.com/news/local/321297/rice-trade-area-plan-has-merit

High hopes for regional pact

Businesses hailed the government’s planned rice trade partnership with Cambodia, Laos, Myanmar and Vietnam, but warned any effort to jointly fix prices would not be easy. Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, said it would be great if Thailand could share information ...

http://www.bangkokpost.com/business/economics/321115/high-hopes-for-regional-pact

Thailand, Cambodia ready to launch joint visa scheme

Thailand and Cambodia are ready to implement a single visa agreement, which would enable tourists to use only one visa for both countries from Nov 21, an immigration bureau chief says. The project comes under the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (Acmecs). Acmecs, which was initiated by ...

http://www.bangkokpost.com/news/local/320478/thailand-cambodia-ready-to-launch-joint-visa-scheme

Govt urged to detail link to Cambodia's nuclear plan

Anti-nuclear activists have called on the Thai government to clarify its involvement in Cambodia’s controversial plan to construct a nuclear power plant in the border province of Koh Kong. The activists doubted Phnom Penh’s capacity to single-handedly build and manage such a vast and risky project. Santi ...

http://www.bangkokpost.com/news/local/316888/govt-urged-to-detail-link-to-cambodia-nuclear-plan

Cambodians falling prey to perils of migrant labour

The future remains uncertain for many Cambodian workers seeking jobs in Thailand. Most feel the process of gaining employment in the country is akin to playing the lottery, with exploitation in the job placement industry rife, and legal protection scarce ...

http://www.bangkokpost.com/news/local/316884/cambodians-falling-prey-to-perils-of-migrant-labour

PTT signs agreement to set up retail oil venture in Myanmar

PTT Plc, the national energy conglomerate, is moving forward with plans to establish a retail oil business in Myanmar by working with a local partner Currently, oil consumption per head in the neighbouring country is very low at 38 litres annually, compared to 140 litres in ...

http://www.bangkokpost.com/business/economics/314856/ptt-signs-agreement-to-set-up-retail-oil-venture-in-myanmar

Cambodian farmers squeezed out

Cambodians like pork. The average Cambodian consumes 9.29 kilogrammes of the meat a year and local farmers have long supplemented their incomes by selling an average of two pigs a year. In 2008, Cambodian farmers supplied around 2 million pigs, more than 90% of domestic demand. ...

http://www.bangkokpost.com/business/economics/314912/cambodian-farmers-squeezed-out

Cambodia lures foreign investors in Thailand

Cambodia is trying to attract foreign investors with manufacturing bases in neighbouring countries, with promises their factories would be safer from flooding. The Phnom Penh Post reported that Commerce Minister Cham Prasidh is appealing to foreign investors with production bases in neighbouring countries, particularly Thailand, to ...

http://www.bangkokpost.com/news/asia/314346/cambodia-tempts-investors-from-neigbours

Officials urge maritime talks be resumed using 2001 MoU

Legal experts and officials agree that negotiations with Cambodia about overlapping maritime claims should resume under the 2001 memorandum of understanding (MoU) with Thailand. The MoU was revoked by the previous Abhisit Vejjajiva government. Vasin Teeravechyan, head of the Thai-Cambodian joint boundary sub-committee, said many related officials ...

http://www.bangkokpost.com/news/local/312802/officials-urge-maritime-talks-be-resumed-using-2001-mou

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