Economy and industry

The price per kilogram of cassava exports from Cambodia has fallen this year due to plunging market prices and a lack of processing centers in the country. The price of dried cassava in northeastern Rattanakiri province is down to 410 riel (about $0.10) per kilogram ...

An expansion project at Myanmar’s first modern industrial park began Tuesday, as the government concluded negotiations related to resettling residents of the development area. The Thilawa special economic zone, which came about as a public-private effort between Japan and Myanmar, will undergo a roughly 100-hectare ...

Overseas credit card companies are looking to Myanmar as the country shifts from cash to card payments. U.S.-based Visa teamed up with Myanmar’s Co-operative Bank (CB Bank) on Jan. 17 to issue credit cards with limits of between 4 million kyat and 5 million kyat($2,946 and ...

The Japan International Cooperation Agency will conduct a feasibility study on building an urban railway in Phnom Penh, with the aim of developing a master plan to reduce traffic congestion in the capital. The preparatory study for the Automated Gateway Transit project will begin in ...

Cambodian exports to Japan, the world’s third-largest economy, rocketed last year – reflecting investment flows in recent years. According to the latest figures from the Japan External Trade Organization, exports to Japan reached more than $1.2 billion last year, an increase of 24.4 percent compared with ...

The Ministry of Agriculture and Forestry will this year closely monitor domestic and foreign investment in this sector as it believes that many companies have not implemented the agreements made or complied with stipulated feasibility study methods. The ministry will strictly apply management measures to ...

Anti-globalization and protectionist attitudes are increasing in some countries, but Vietnam still has an open economy. This means big challenges for Vietnam in upcoming days. US President Donald Trump on January 23 officially pulled out of the 12-nation Trans-Pacific Partnership, a move that The New ...

The Bolaven Plateau in the south of Laos will be developed into the country’s top agri-business and agri-tourism destination thanks to its year round temperate climate. The Bolaven Plateau runs through Champassak province’s Pakxong district, Saravan province’s Lao-ngam, and Xekong province’s Thataeng district and boasts ...

The Central Bank of Myanmar has accused private banks of granting loans to individuals connected with bank directors. But some businessmen disagree with CB that the banks are self-serving. The Central Bank is investigating the activities of private banks, Director General U Win Thaw told ...

Prime Minister Prayut Chan-o-cha last week asked reporters why non-governmental organisations, environmental activists and academics continue to protest against the planned blasting of rapids in the Mekong River. He said many of these protesters are outsiders, meaning people who do not live by the riverside, do ...