Economy and industry

Cambodia’s capital market regulator announced on March 22 that it would suspend the issuance of new central counterparty licences to derivatives trading firms, claiming that capping the market at four was sufficient to serve current demand. The Securities Exchange Commission of Cambodia said in an ...

Exports in February decreased in value year on year for the first time in four months, a decline attributed to the high value of gold and aerospace exports in February 2016, according to the Commerce Ministry. The ministry reported that export value last month declined by ...

Cambodia’s first Civil Aviation Training Center, with funding from South Korea, was officially inaugurated on March 22 and already plans to receive 274 trainees for its 14 training courses. Speaking at the inauguration ceremony, Mao Havannall, a secretary of state at the State Secretariat of Civil ...

The European Commission has said Cambodia’s milled rice industry must eradicate the use of the fungicide Tricyclazole by June. The strict new Maximum Result Limit will mean rice must not contain more than 0.01 milligram of the chemical per kilogram of the grain. The limit was adopted ...

Observers and advocates on March 22 flagged several violations of international human and workers’ rights in the Kingdom’s draft minimum wage law, calling for the removal of clauses that would impinge on workers’ right to assembly and freedom of expression. The draft law looks to widen ...

Laos and Cambodia on Monday signed a document agreeing on the need to increase flights between the two neighbours to meet the growing demand for air transport. Head of the Air Transport Division, Department of Civil Aviation, Mr Viengsay Singkham told Vientiane Times  on March ...

Rising wheat prices in China are putting pressure on thousands of the country’s small flour mills, speeding up rationalization of the world’s biggest milling industry and boosting the market share of bigger players. Many small-scale mills have been forced to shut down or cut back operations ...

The cabinet on March 21 gave the nod to the Small and Medium Enterprise Development Bank of Thailand to extend up to Bt15 billion in loans to small and medium-sized enterprises. The cabinet also approved plans for a major industrial estate development project in Sa Kaeo. “About ...

New terms of reference for the multibillion-baht double-track railway project will be finished within two weeks, according to Anon Luangboriboon, acting State Railway of Thailand governor. Meanwhile, share prices of construction have suffered declines, attributed to the junta’s delay on the railway projects. After the original ToR ...

While Prime Minister Hun Sen has publicly expressed his distaste for the Trans-Pacific Partnership, which was dealt a critical blow by US President Donald Trump’s decision to withdraw the United States from the agreement, economists say there has been little visible progress in cementing a ...