Economy and commerce
Investment
Thai junta tells Japan investors $45-billion development plan to go ahead
A $45-billion plan to redevelop Thailand’s industrial east will go ahead regardless of whoever takes power after elections, the military government told hundreds of Japanese investors on Monday. Keep reading ...
Patpicha Tanakasempipat and Pracha Hariraksapitak
Consumption growth, not integration, leads investors to ASEAN
A growing consumer market has been identified as the number one attraction of ASEAN, rather than its economic integration, in driving investors into the region, results of a survey conducted among Australian businessmen showed.The survey also noted that corruption among ASEAN countries ranked as the ...
Bernie Cahiles-Magkilat
Thailand signs deals with Chinese state firms for high-speed railway
Thailand have signed two contracts, worth 5.2 billion baht (120.42 million pounds), with Chinese state enterprises for a high-speed rail project with China, Anon Luengboriboon, acting governor of the State Railway of Thailand, told Reuters on Wednesday. Keep reading ...
Panarat Thepgumpanat
B Grimm goes big with power projects in Laos
B GRIMM POWER has taken an aggressive move in building and operating hydropower plants in Laos. The company officially opened on Friday the Xanamnoy 2 and Xekatam 1 hydropower plants in Champasak province that shares a border with Thailand’s Northeastern Ubon Ratchathani province.Keep reading ...
Wichit Chaitrong
Surbana Jurong, partners ink MOU to develop infrastructure in Laos
Infrastructure consulting firm Surbana Jurong has signed a memorandum of understanding (MOU) with Singapore-based Mekong Group and Laos’ Phongsavanh Group to develop infrastructure projects in Laos. Keep reading ...
Chia Yan Min
ICT investment vital to prosperity in Asia-Pacific
Thailand is one of the ICT infrastructure development leaders among emerging countries in Asia-Pacific, but its telecom firms and government agencies must embrace the challenges brought about by the development of the digital economy.Keep reading ...
PM pledges good conditions for ExxonMobil
The Government of Việt Nam will create favourable conditions for ExxonMobil to implement projects in the country, Prime Minister Nguyễn Xuân Phúc has said.Keep reading ...
SEZs in Myanmar should learn from international experience
Special Economic Zones (SEZs) in Myanmar should encourage policy experimentation and focus on tech spillovers, an economist told The Myanmar Times. By early June, 95 percent of the land plots in Thilawa SEZ zone A had been sold and the building of manufacturing plants is ...
State Counsellor stresses Belt and Road needs to align national priorities
At the BRI summit in May, the State Counsellor stressed that BRI-led projects should complement national priorities and take into account the welfare of local communities, and highlighted the need to ensure responsible business practice. Local analysts and commentators in Myanmar have spelt out some ...
APEC promotes integration of SMEs into global value chains
Good logistics management, both by governments and businesses, will help enhance competitiveness and growth, Lương Hoàng Thái, director general of the Ministry of Industry and Trade’s Department of Multilateral Trade Policy, has said.Keep reading ...