A track change station was officially opened at the Vientiane Logistics Park on Friday, creating an official link between the Laos-China Railway and the Laos-Thailand Railway. The move greatly improves multimodal international logistics and land-sea transport, thus offering lucrative trade opportunities. A ceremony to inaugurate the link between the 1.435 metre standard-gauge Laos-China rail track […]
Read MoreIf businesses don’t reduce carbon emissions, their exports to the EU will face a new kind of tax, which would make products more expensive, thereby affecting their competitiveness in the market. Vietnam is the 11th largest exporter of products to the EU, which accounts for 1.8 percent of total import turnover of the market. The […]
Read MoreThe new Law on Investment introduced by Cambodia may help improve worker productivity, given the incentives it offers on the provision of skills training, housing, nurseries, health facilities, and transportation services to workers, the World Bank said in a report. In its ‘Cambodia Economic Update June 2022,’ the bank said, “The main policy measures introduced […]
Read MoreExport growth is expected to beat the government forecast of 4-5% expansion this year after a strong performance in the first five months of 2022, according to Commerce Minister Jurin Laksanawisit. Mr Jurin said Thai exports are expected to expand further, and the ministry is confident the second half should see strong results. He cited […]
Read MoreMalaysia is allowing Thailand to export rice flour to the western part of the country after shipments were halted for almost 20 years, Commerce Minister Jurin Laksanawisit said on Sunday. The move came after a long-standing ban on issuing licences for Malaysian importers to import rice flour to the west was lifted, he said. “We […]
Read MoreXinhua – High COVID-19 vaccination rates and free trade agreements (FTAs), namely the Regional Comprehensive Economic Partnership (RCEP) and the Cambodia-China FTA (CCFTA), have been helping boost Cambodia’s economic recovery, said a World Bank economic update report released on Thursday. Cambodia’s economy will grow by 4.5 percent in 2022 and around 6 percent annually for the […]
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