Economy and commerce

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 ...

Govt orders further action to regulate timber industry, combat illegal logging

The government has entrusted a taskforce committee to take further action to strictly regulate wood processing businesses and clamp down on illegal logging after learning that issues continue to exist. The assignment was made after the cabinet was briefed at the government monthly meeting for ...

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 ...

Role of fisheries emphasised

A spate of reports by WorldFish, an international organisation that researches how fisheries can help reduce poverty and hunger, illustrates how the fishing industry supports the economic survival of many of the Kingdom’s inhabitants. The reports give an inside look at the role fisheries play ...

Gov’t gets heat for ivory decision

Cambodia, home to a number of large ivory busts in recent years, has rejected calls to destroy its stockpiles – the preferred method internationally for dealing with the seized contraband – with government officials saying they plan to exhibit it instead. Prime Minister Hun Sen ...

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 ...

Rice exporters rail against storage minimum

Delegates attending a seminar in HCM City on February 22 urged the Government to amend or revoke a decree on rice exports which they said impedes exports of the grain. After the 2008/9 food crisis, Decree 109 was adopted requiring rice exporters to have at least ...

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 ...

BOT embraces big data, analytics for micro-financial activities

The Bank of Thailand is investing in big data and data analytics in an effort to deal with complicated transactions arising from consumers’ micro-financial activities in the digital age. In the digital age, technology has rapidly changed and it is affecting how businesses are run, posing ...

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