Economy and commerce
Investment
Thai rice worries VN exporters
Thailand’s plan to sell all its rice reserves of about eight million tonnes this year has sparked concerns that this move will undermine Việt Nam’s rice exports. Nguyễn Văn Đôn, director of Tiền Giang-based Việt Hưng Co Ltd, said rice exports were positive last month, ...
Thailand warned about neutrality as superpowers compete in Asia
Thailand’s strategy to stay neutral in world politics might prove more difficult as competition between global powers grows stronger, international relations expert Panitan Wattanayagorn said on February 8. The Indo-Pacific region, covering the area from the Middle East to the East Asia, has been targeted ...
Party chief urges Nam Định to attract more investment
Party General Secretary Nguyễn Phú Trọng has urged the northern province of Nam Định to attract more investment in industry, agriculture and services. During a working session with Nam Định’s key authority officials in the province on February 8, he hailed the province’s strategic position ...
Somkid promises responsible Thai investments in Myanmar
The business communities of Myanmar and Thailand have been encouraged to foster economic cooperation by Thai Deputy Prime Minister Somkid Jatusripitak’s high-level business delegation. last Friday delivered a speech at the Thai-Myanmar Business Cooperation Forum, which gathered hundreds of business people from both countries. There, he assured ...
US tech firm opens in Myanmar
Diebold Nixdorf, a leading US tech firm with a presence in more than 130 countries, announced the opening of its office in Myanmar’s commercial hub. Neil Emerson, the firm’s senior vice president and managing director for Asia Pacific, said that its customers’ positive feedback and satisfaction ...
Agriculture, not gold or USD, most attractive investment channel
Agriculture was never found on the list of the most attractive investment channels for those who have idle money. But things are changing as the government has committed to reserve VND50-60 trillion worth of preferential capital and promised a series of preferential policies for agricultural ...
State agencies must modernise, says BOT governor
State agencies must give importance to amending laws and regulations, including those to accommodate a sharing economy, to help businesses and people cash in on the “Thailand 4.0” era, Bank of Thailand Governor Veerathai Santipra-bhob said yesterday. At a PostToday seminar, he said Thailand today was ...
Expansion work starts at Myanmar's Thilawa industrial park
An expansion project at Myanmar’s first modern industrial park began Tuesday, as the government concluded negotiations related to resettling residents of the development area. The Thilawa special economic zone, which came about as a public-private effort between Japan and Myanmar, will undergo a roughly 100-hectare ...
Myanmar lures visa, other foreign credit card issuers
Overseas credit card companies are looking to Myanmar as the country shifts from cash to card payments. U.S.-based Visa teamed up with Myanmar’s Co-operative Bank (CB Bank) on Jan. 17 to issue credit cards with limits of between 4 million kyat and 5 million kyat($2,946 and ...
Cambodian exports to Japan soar
Cambodian exports to Japan, the world’s third-largest economy, rocketed last year – reflecting investment flows in recent years. According to the latest figures from the Japan External Trade Organization, exports to Japan reached more than $1.2 billion last year, an increase of 24.4 percent compared with ...