SMEs in crisis due to failure to get bank loans

Small and middle-sized enterprises are facing a crisis due to difficulties in sourcing financing from banks, said the founder of City Mart Group of Companies, Daw Win Win Tint, “Not getting a bank loan means a catastrophe for the SMEs,” she said after SMEs Authoritative ...

Law needed to regulate Thai investors’ abuses abroad: Thai, Myanmar groups

Community groups in Thailand and Myanmar have urged protection of human rights and prevention of environmental impacts – after Thai entrepreneurs were reported to have carried out abusive and environmentally damaging acts in neighbouring countries.​ Some 27 Thai non-government groups and the Dawei Development Association, a ...

APEC officials discuss possible free trade area for Asia-Pacific

Senior officials of APEC economies as well as experts and scholars have discussed the possibility of establishing a free trade area of the Asia-Pacific along with its potential impacts and difficulties facing the process. The workshop on realising FTAAP was held in Nha Trang, the south ...

‘Success story’ Thilawa SEZ set to launch its second phase

More than three years after the start of the Japan-backed Thilawa special economic zone, Myanmar launched the development of its second zone in the presence of dignitaries from both nations including Vice President Henry Van Thio. Set Aung, deputy governor of the Central Bank and ...

Fight against garbage in the ocean starts at individual level: Greenpeace

Solutions to the massive garbage “islands” floating off Thailand start at the individual level, but government policy and regulation is also needed, officials and environmentalists have said. Earlier this month, pictures of large amounts of garbage floating in the sea spread on social networks and sparked ...

Battambang on course for growth

Battambang, the city at the epicentre of Cambodia’s agricultural heartland, has long struggled to reward its farmers with profits and compete in global markets. However, new logistics and economic development projects are driving a positive transformation that could see the city develop into a regional ...

BoT governor: Thailand assets a safe haven

Foreign investors are parking money in Thai assets in the short run because they see the baht as a safe haven backed by solid foreign reserves amid global market fluctuation, the central bank chief says. But the Bank of Thailand has instruments up its sleeve ...

Anti-coal group issues deadline to halt EHIA

Authorities have until Monday to withdraw the environmental and health impact assessment studies for the controversial Krabi power plant project or brace for a major protest, a group opposing the project warns. Prasitthichai Nunual, key coordinator of Save the Andaman from Coal network, said the ...

Officials told to submit airport plan

Deputy Prime Minister Trịnh Đình Dũng has urged the ministries of Transport and Defence to finalise a plan to expand Tân Sơn Nhất International Airport in HCM City and report to the Government next week. The Airport Design and Construction Consultancy One Member Ltd Company ...

KrisEnergy to consider selling stake in Block A

Singapore-listed KrisEnergy Ltd is considering selling or farming out a stake in its Cambodia Block A offshore oilfield to ease its debt burden, according to the company’s 2016 year-end report. The oil and gas company posted $237.1 million in net losses for the 2016 fiscal ...

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