News

Cambodia’s transport costs remain high compared with those in neighbouring countries, according to a 10-container shipment comparison conducted between Cambodia, Thailand and Vietnam by a Korean-owned company, Pan Continental Freight (PCF). The comparison found Cambodia’s free on board (FOB) costs were US$35 a tonne, whereas Thailand ...

Cambodia’s Commerce Minister Cham Prasidh said foreign investors with production bases in Thailand ought to consider Cambodia for future expansion because of the Kingdom’s greater resistance to floods. Speaking at Phnom Penh Honda’s 20th anniversary yesterday, the Commerce minister said that while Cambodia faces floods each ...

About 1.36 million international tourists visited Cambodia’s Angkor Wat Temple, one of the World Heritage Sites, in the first eight months of this year, a 31 percent rise compared with 1.04 million during the same period last year, a report of Siem Reap provincial tourism ...

Malaysia-based GO Communications Group has acquired Active Event Management, one of the leading public relations and events agencies in Cambodia. The 100-per-cent buy-out follows the group’s signing of a partnership agreement with leading Thai PR agency DC Consultants in May. Danai Chanchaochai, CEO of DC Consultants, said ...

Thailand has to revise its strategy concerning a regional single visa scheme, or it could lose millions of tourists to neighbouring countries, which are kicking off the “CLMV Single Visa” next year without the Kingdom’s participation. Five countries – Thailand, Laos, Vietnam, Cambodia and Myanmar – ...

Scientists in Bangkok are about to start work on a new flush toilet especially designed for the urban poor in Thailand, Cambodia and Vietnam. Their aim is to create a toilet that will process wastewater in family homes and convert it into gas or electricity, ...

Khon Kaen Sugar Industry KSL.BK, Thailand’s fourth largest sugar producer, expects revenue could grow as much as a fifth next year, fuelled by expansion and a bumper sugarcane crop in 2012/13, the company’s chief executive said on Monday Chalush said sugar production from factories in Laos ...

Rita O’ Sullivan, ADB Country Director Tourism is a dynamic component in the economic sector. In the Greater Mekong Sub Region – Thailand, Myanmar, Laos and Cambodia – bound together by the Mekong River, the tourism industry is a driving force, says Rita O’ Sullivan, ...

Thailand’s border trade at Chanthaburi has dropped by half due to the heavy rain in many eastern provinces, while erratic changes of weather in the southern provinces has caused the increased price of seafood. Thai-Cambodian Business and Tourism Association vice chairman Sombat Juengtrakul said that ...

Dutch brewer Heineken NV took a major step towards winning control of the Tiger beer brand and an Asian brewing network on Wednesday after a Thai rival accepted the deal When F&N’s board accepted Heineken’s improved offer of S$53 per APB share, the deal included a ...

Cambodia, Laos, Myanmar and Vietnam, which form the Mekong Sub-Region agreed last week in Ho Chi Minh City to implement a single visa among themselves. Thailand could even join the scheme At a conference aimed at promoting tourism in the region, ministers of tourism from Cambodia, ...

Cambodia and Thailand yesterday reiterated their commitment to restart negotiations over an expansive and resource-rich section of the Gulf of Thailand known as the Overlapping Claims Area – but the two countries have yet to set a date for the talks. In 2001, officials from ...

Thailand’s border trade with neighbouring countries is targeted to double to Bt2 trillion by 2015, thanks to the seamless market brought by the Asean Economic Community. “Cross-border trade continues to play a more important role for Thailand with closer economic cooperation ahead of the AEC,” Olarn ...

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 ...

Cambodians were among anti-Xayaburi dam protesters who demonstrated outside Thai Parliament in Bangkok yesterday, urging Prime Minister Yingluck Shinawatra to halt construction and tear up an agreement to buy the proposed dam’s power. A group of Cambodians travelled to Bangkok especially to raise their concerns about ...

Thailand had been asked to supply more electricity to those Cambodian provinces close to the shared border, according to officials. Suy Sem, Cambodian minister of Industry, Mine and Energy, talked to reporters after a bilateral meeting with his counterpart, Thai Minister Arak Chonlatanon last week, a ...

Southeast Asia is a growth market for the mobile industry, with Indonesia and the Philippines being key markets for growth, particularly in smartphones, reports GfK Asia. The Southeast Asian mobile phone market is on the rise, having grown by 24% in volume in the past 12 ...

Laos’ energy minister announced last week that the country will sell energy supplied by the controversial Xayaburi Dam to Cambodia. It is already planning to sell power to Thailand, where last month a lawsuit was lodged to stop the country from buying electricity produced at ...

China is encouraged by growing cooperation with Asean countries and hopes to see even more development in China-Asean trade to generate benefits for both sides. Under the China-Asean Free Trade Agreement (Cafta) that went into effect on Jan 1, 2010, more than 7,000 products are now ...

The PTT Public Company Limited is looking to invest 800 million baht in energy business expansion in Cambodia and Laos in the next five years. The PTT planned to open 4-5 more gas stations in Laos and Cambodia each. The Thai energy giant already has 14 ...

Two weeks after Prime Minister Hun Sen returned from China with more than half a billion dollars in new loans and grants, Cambodia once again asked Beijing for money on Thursday. In a bilateral discussion held alongside this week’s series of meetings between Asean energy ministers, ...

Cambodians like pork. The average Cambodian consumes almost 9.29 kg of the meat each year, and local farmers supplied about 2 million pigs, more than 90 percent of the domestic demand, in 2008. But the market for small-scale pig farmers has flown. Live pig prices have fallen ...

The Greater Mekong Sub-region development scheme, which celebrates its 20th anniversary this year, is moving forward with a new generation of investment aimed at strengthening connectivity, competitiveness and community over the next decade. The GMS will play a strategic role in connecting Southeast Asia with South ...

Metro Machinery, the biggest dealer of heavy construction equipment in Thailand, is looking over the borders to Laos and Cambodia, which are exploiting their abundant natural resources and racing to develop infrastructure. The company will on October 9 ink two deals worth Bt1.5 billion each – ...