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Cambodia, Thailand trade surpasses 2017 numbers

Trade between Cambodia and Thailand reached $7 billion during the first nine months of the year, exceeding figures for the entire last year. The trade figures for the nine-month period reflect Cambodia and Thailand’s commitment to reach $15 billion in bilateral trade by 2020, said the Cambodian Minister of Commerce, Pan Sorasak. Speaking at a meeting on Friday in the […]

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Thailand: Finance Minister doubts sodium tax

Finance Minister Apisak Tantivorawong has raised an eyebrow at the Excise Department’s proposed tax on salty foods, saying it is insufficient as written as a lot of effort would be required for the enforcement of a minimal levy amount.  Imposing a tax on foods containing high sodium levels also has a wide impact on consumers, he […]

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Singapore factory growth cools for third consecutive month

SINGAPORE – Manufacturing growth slowed for a third consecutive month in November to record its lowest reading since July last year. The key electronics sector marked its first contraction as well after 27 consecutive months of growth, said the Singapore Institute of Purchasing and Materials Management (SIPMM) on Monday (Dec 3). The overall Purchasing Managers’ […]

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Vietnam sees car import up 44% y/y in October

The Hanoitimes – Cars from Thailand and Indonesia accounted for 93% of total cars imported to Vietnam over the last week. Vietnam imported 12,400 cars as of November, up 43.5% from the 7,000 cars imported in the same period last year, according to the General Department of Vietnam Customs (GDVC). Over the last week, Vietnam imported […]

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Cambodia: Ministry of land calls for construction investment boost

The Ministry of Land Management urged foreign investors to increase investment in Cambodia’s real estate sector to take advantage of the country’s healthy economic progress which has sparked real sector growth altogether. Minister Chea Sophara said during the seventh Cambodia Constructor Association (CCA) Summit and the Fifth Cambodia Construction Industry Expo that the construction sector […]

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