News

Thai rice cuts pose problems

Thailand’s recent announcement of a 20 per cent price cut within the government rice-pledging scheme will have little impact for Cambodian exports, but farmers may feel the effects, say industry insiders. In an article published in the Bangkok Post on June 19, Thailand’s cabinet had agreed ...

http://www.phnompenhpost.com/2013062166407/Business/thai-rice-cuts-pose-problems.html

Delta Electronics eyes Cambodia expansion

Delta Electronics (Thailand), one of the world’s leading producers of power supplies and electronic components, plans to expand to Cambodia and Myanmar, the Bangkok Post reported on Wednesday. “There is no indication of a specific timeframe for the expansion, but the company sees these countries . ...

http://www.phnompenhpost.com/2013051065533/Business/delta-electronics-eyes-cambodia-expansion.html

Thai Co-Op Seeks To Boost Cambodia’s Market Access

A delegation from a Thai agricultural co-operative yesterday discussed means of improving agricultural products and market access with representatives of the Ministry of Commerce in Phnom Penh. Kamit Likhitvidhayavuth of the Thai co-operative said his team aimed to strengthen market access for Cambodian goods. No agreement ...

http://www.phnompenhpost.com/2013032764713/Business/thai-co-op-seeks-to-boost-cambodia-s-market-access.html

Local brokers still manipulate prices: farmers

Farmers have expressed concern over local brokers’ manipulation of the market during harvest season, reducing buying prices for farmers who have no access to actual market rates. While some farmers have already completed their harvests, others have left their fields barren, fearing brokers will reduce ...

http://www.phnompenhpost.com/Business/local-brokers-still-manipulate-prices-farmers.html

Vietnam raises minimum pay

A new decree that increases the minimum wage of workers in Vietnam will not necessarily lead to companies relocating to Cambodia, according to officials. “The Vietnam government has issued [a] decree, which takes effect from January 1, to adjust the minimum wages paid to workers by ...

http://www.phnompenhpost.com

Cambodia's cheap labour attracts interest

TK Garment Co Ltd, a leading Thai original equipment manufacturer for fashion lines in Thailand, is relocating its largest production site to Cambodia to escape high wage costs, the Bangkok Post reported yesterday. According to Ken Loo, secretary general of the Garment Manufacturers Association in ...

http://www.phnompenhpost.com/index.php/2012120560104/Business/cambodias-cheap-labour-attracts-interest.html

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

Thailand Says Border Logging Could Hurt Relations

The Thai Foreign Ministry has called on the Cambodian government to admit that its citizens are illegally logging for rosewood on Thai territory, The Bangkok Post reported yesterday. Cambodia should admit to the situation to preserve healthy bilateral relations between Phnom Penh and Bangkok, Thai Foreign Ministry spokesman Thani Thongphakdi said ...

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