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Economic growth slips to 5-year low, virus to hit tourism

Thailand’s economy grew at its weakest pace in five years in 2019, as exports and public investments slowed, and the impact from the coronavirus epidemic is set to pile more pressure on Southeast Asia’s second-largest economy this year.The trade-dependent economy has been buffeted by the ...

Wichit Chantanusornsiri

Refugees trickle home as TNLA reports more clashes

Fighting flared in northern Shan State on 7 February and while tensions remain high between the belligerents – the Restoration Council of the Shan State/Shan State Army-South (RCSS/SSA), the Ta’ang National Liberation Army (TNLA) and the Tatmadaw – clashes have only been sporadic in the ...

Domestic technologies not attractive to Vietnamese businesses

The State budget every year funnels big money into national scientific research projects, but discoveries by scientists seem to have little significance in the eyes of businesses. Nguyen Huy Van, Deputy general director of Traphaco, a pharmacy firm, commented: “Scientists only show their initial ideas.” In other ...

Mass fish deaths occur in Kien Giang

Residents Mekong Delta province of Kien Giang have discovered a large number of fish deaths on water surface along seashores of Kien Luong district and town of Ha Tien since May 7th. Director of the Kien Giang’s Department of  Agriculture and Rural Development Mr. Nguyen ...

Two hurt in “land grab” incident at Vietnam-S’pore industrial park

Vietnamese news have reported that two persons, including a 54-year old woman, have been injured in what is described as an anti-land grab protest on 10 July at a Vietnam-Singapore industrial park. The 150-hectare park is a collaboration between Singapore’s Government-linked Sembcorp Development and Vietnam’s Becamex IDC. A video ...

Vietnam's northwest seeking tourism aid from Ho Chi Minh City

As an economic and tourism hub in the country, Ho Chi Minh City plays a vital role in the development of tourism in the north-western region, Deputy Prime Minister Nguyen Xuan Phuc has said. The city administration needs to offer more incentives to encourage tourism enterprises ...

Almost $20b in dirty money left Myanmar in five decades: Researchers

Almost US$20 billion in dirty money linked to corruption, crime and tax evasion has left Myanmar in the past five decades, slashing government revenue and driving a thriving underground economy, a money-laundering watchdog said on 9 September. Fraudulent invoicing of trade deals and physical smuggling of drugs, ...

UK backs STEM push in Cambodia

Young Cambodians will be urged to consider a career in the fields of science, technology, engineering and maths (STEM), through a joint initiative launched on 27 October by the Ministry of Education, the British Embassy and the international employment and training organisation IDP Education. Keep reading ...

More than 50 feared dead after landslide at Myanmar jade mine

More than 50 people were feared dead after a landslide in northern Myanmar engulfed jade miners while they were sleeping, the latest deadly accident in a notoriously dangerous industry. The accident took place near Maw Wun Kalay village in Hpakant township at about 11:30pm local time (17:00 GMT) on Monday when a ...

Corruption Perceptions Index 2018

The index, which ranks 180 countries and territories by their perceived levels of public sector corruption according to experts and businesspeople, uses a scale of 0 to 100, where 0 is highly corrupt and 100 is very clean. More than two-thirds of countries score below 50 ...

As COVID-19 hits global economy, Cambodian workers face layoffs

Cambodian garment workers have had their jobs suspended by the thousands as global markets clench and governments enact drastic measures to stop the spread of the novel coronavirus (COVID-19). Now, as the US and European economies grind to a halt, local industry insiders warned on ...

ALASTAIR MCCREADY

Household debt continues to increase, nears 15 trillion baht

Thailand’s household debt reached 14.9 trillion baht in the fourth quarter of last year, as bad debts doubled due to the Covid-19 crisis, according to the National Economic and Social Development Council (NESDC).Household debt increased by 3.9% in the fourth quarter, compared to 3.5% in ...

The Nation Reporter

Move to grow artificial forest in Nan dubbed unsustainable

Critics claim an all-star conservation group set up to tackle deforestation has missed the mark by advocating an artificially grown forest, which they say will not result in sustainability and rich biodiversity. Many people have welcomed the plan by the Plook Loei Group, which is led ...

Vietnamese rubber giant makes deal with Cambodian villagers

A “major breakthrough” has been reached in discussions between Vietnamese rubber giant Hoang Anh Gia Lai and 11 indigenous communities in Ratanakkiri province that have lost land and resources to the company’s plantations. During a three-day meeting with community representatives, NGOs and its own subsidiaries, the ...

More curbs eased in capital

Five types of businesses and public establishments in Bangkok reopened on Monday under strict disease control regulations following a months-long shutdown due to the third wave of Covid-19.The reopening was approved by the Bangkok Metropolitan Administration’s (BMA) communicable diseases committee, with immediate effect.As a result ...

Bangkok Post Reporter

Oil giant PTT invests in plant protein to power growth

State-controlled PTT Plc, the country’s largest company by market value, has invested in a venture to make plant-based protein, including so-called faux meat, as part of its objective to become less dependent on fossil-fuel businesses.The oil-and-gas giant formed a 300 million baht partnership with NR ...

After Lao rivers run red, authorities order iron mine to stop production

Authorities in Laos have ordered a Vietnamese mining company to suspend its operations after it polluted local waterways, causing two rivers to run red, local media reported. The Company of Economic Cooperation in Vietnam (Coecco) runs a mining operation in the Boualapha district of Laos’ southern ...

RFA Lao

Magical Laotian town preserved by UNESCO

It is officially described as the best-preserved city in Southeast Asia, a bygone seat of kings tucked into a remote river valley of Laos. Luang Prabang weaves a never-never land spell on many a visitor with its tapestry of French colonial villas and Buddhist temples draped ...

Japan lauds Vietnam’s role in Mekong-Japan cooperation: Ambassador

Japan highly values Vietnam’s important roles in the Mekong-Japan cooperation mechanism, according to Vietnamese Ambassador to Japan Nguyen Quoc Cuong. In his interview granted to Vietnam News Agency on the threshold of Prime Minister Nguyen Xuan Phuc’s visit to Japan and his participation of the 10th ...

Downward spiral persists in exports of Lao coffee amid world price slump

The volume of coffee exports from Laos has decreased continually over the past couple of years due to a slump in coffee prices on the world market. Total coffee exports in 2014 reached 26,000 tonnes at an estimated value of US$60 million (Bt16.6 billion), which fell ...

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