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1st Vietnam-Cambodia border market opens

The Hanoitimes – The market is seen as an important place to exchange goods amid rising bilateral trade. A Hanoi-funded US$2 million border market in Cambodian Tboung Khmum province became operational on December 24, aiming to boost the bilateral trade. Cambodia’s Prime Minister Hun Sen presided over the inauguration ceremony together with Vietnam’s Deputy Prime Minister […]

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Indonesia Reduces Import Tax Threshold, Makes Life Difficult for Online Shops

Jakarta. The Customs Office has tightened the rules for e-commerce imports on Monday as part of a concerted effort to protect local small businesses producing shoes, bags and clothes. Heru Pambudi, the director general of customs and excise at the Finance Ministry, said in a statement that any import shipment valued at $3 or more must now pay import tax – a much lower […]

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Cambodia: Road to be upgraded with loan from Thailand

Thailand plans to lend Cambodia 1.2 billion baht ($39.7 million) next year to build a 131-kilometre road linking both countries. In a report in The Bangkok Post, Perames Vudthitornetiraks, president of the Neighbouring Countries Economic Development Cooperation Agency, said Thailand is planning to disburse 8.5 billion baht in loans next year to Cambodia, Myanmar and Laos. […]

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