CAMBODIA offers potential for Thai investors seeking to expand their portfolios at a time when their purchasing power is increasing, Lim Heng, vice president of the Cambodia Chamber of Commerce, has told The Nation after he met with Thailand’s Commerce Minister Sontirat Sontijirawong. “Cambodia benefits from the most favourable regime designation available under the EU’s […]
Read MoreMember countries of the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) are working to develop a master development plan for 2019-23 to strengthen sustainable economic growth and enact better economic management. Deputy Prime Minister Somkid Jatusripitak said the ad hoc committee working on ACMECS’s master plan is scheduled to finalise it in April before submitting it […]
Read MoreCAMBODIAN Commerce Minister Sorasak Pan expects the value of Thai direct investments in his country will double by 2020, driven by expansion in services, agricultural processing, small and medium-sized enterprises and restaurants. Cambodia also expects to see a more balanced trade between the two countries under a target for bilateral trade to reach US$15 billion […]
Read MoreBilateral trade between Cambodia and Thailand reached $6 billion last year, up 10 percent from the year before, according to a Thai Embassy official. Jirawuth Suwanna-arj, minister counsellor at the Office of Commercial Affairs in the Thai Embassy, announced the figure yesterday at an event sponsored by the Thai Ministry of Commerce. “We project that […]
Read MoreTHAILAND and Cambodia are working towards the goal of trade flows between the neighbours reaching US$15 billion in 2020, a jump of almost 10 per cent from the US$6.16 billion booked in 2017, a senior Thai trade official said on the eve of the sixth meeting of the Joint Trade Committee (JTC) today. BRISK BUSINESS […]
Read MoreStarting on April 1, the Electricity Authority of Cambodia (EAC) will continue to bring down the cost of electricity for households and enterprises in Phnom Penh and a number of provinces, according to a recent announcement by the agency. In a statement released earlier this month and signed by EAC’s chairman Ty Norn, the agency […]
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