Sign up | Log in



Home  >>   Daily News  >>   Cambodia  >>Trade  >> New road at Poipet to boost trade ties
NEW UPDATES Asean Affairs  20 March  2015  

New road at Poipet to boost trade ties

Prime Minister Hun Sen said the day before  yesterday that customs revenue from Poipet International Port on the Cambodia-Thai border was over $120 million a year, on account of heavy movement of goods across the border.

Speaking at a ground breaking ceremony for National Road 58, Hun Sen said the development of the new road will faciliate trade in the provinces along the border, thereby strenghtening business cooperation and developement between the two countries.

“If we talk about all check points, Poipet check points is one of the biggest for exchange of goods. Just at the Poipet check point, revenue collection is more than $10 million per month,” he said.

Bilateral trade between Cambodia and Thailand is currently more than $4 billion a year, Hun Sen said, with Thai exports to Cambodia accounting for more than $3 billion.

Son Chhay, deputy chairman of the National Assembly’s banking and finance commission, said that with 75 per cent of goods coming across the Poipet check point, revenues should be higher than are currently being collected.

He said a study conducted in 2012 revealed that the government should be collecting $16 million per month, from the Poipet check point, adding that there are reports about goods being stored at a private dry terminal to avoid paying customs taxes.

“Now, two to three years later it should be higher than this,” he said. “Poipet border check point must receive at least $200 million per year in custom revenues.”

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           March  20 , 2015 Subsribe Now !
• Mobile devices drive e-commerce Subcribe: Asean Affairs Global Magazine
• RI, Cuba team up to develop agriculture
• ASEAN airlines poised for rapid growth, says Liow
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Raw sugar imports restriction to continue
• New road at Poipet to boost trade ties
Asean Analysis                    March 20, 2015
• Asean Analysis March 20, 2015
Aftermath Of Botched Philippines Raid Should Concern Washington
Advertise Your Brand

Asean Stock Watch  March 19,  2015
• Asean Stock Watch-March 19, 2015
The Biweekly Update
• The Biweekly Update March 20, 2015

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand