Cambodia urged more investment from Singapore businesspeople, pointing out the advantages of its newly introduced investment law.
Chief Executive Officer at Asia Plus Group Holdings PCL Kongkiat Opaswongkarn said that his Group is expected to arrange for a group of large Thai enterprises to visit Vietnam next month to survey and seek out investment opportunities.
Two-way trade between Vietnam and Laos in the first half of 2022 increased by 20.6% year-on-year to 824 million USD, according to the Vietnam Trade Office in Laos.
Cambodia exports raw agricultural products including rubber, fruits and starches to South Korea as well as electrical and electronic components. The Kingdom relies on South Korea for advanced electronic and assembled goods that require highly developed technology
A new farm to supply fresh chicken to Singapore could be up and running in Batam if there is healthy demand over the next year.
Singapore is highly dependent on food and beverage imports and its upwardly mobile consumer base presents a highly lucrative market for Australian brands.
Prices continued to climb in June with inflation touching its highest levels since 2008.
Investments by overseas companies registered under the Foreign Business Act (FBA) rose by 73.5% year-on-year in the first six months of 2022, led by Japan, Singapore and the US, driven by the government's investment promotion policy.