Economy and commerce

US grants one-year extension of GSP privileges for Thai products

Three Thai products that had been at risk of losing their preferences – video cameras, lenses for eyeglasses, and air-conditioner parts – will continue to enjoy export privileges to the US this year, as their values have not yet exceeded competitive need limitations. Duangporn Rodphaya, ...

Laos still faces chemical management issues

Laos is currently facing a variety of chemical management issues due to a shortage of a full set of regulations, adequate knowledge, the proper equipment and a satisfactory budget. At the 11th Regional Chemicals Management Forum held on February 21 in Vientiane, Deputy Director General of ...

What happens when the soy and palm oil boom ends?

Over the past thirty years demand and production of oils crops like oil palm and soybeans has boomed across the tropics thanks to rising incomes, macroeconomic changes and government policies, and substitution effects. This rapid expansion has in some places taken a heavy toll on ...

New housing projects for Yangon

In addition to the New Yangon city project, which is going to start at the end of February in the Kyeemyindaing township on the other side of the Yangon river, work to upgrade old houses and construct new housing for squatters and government employees will ...

Index plans CLMV activity to spur growth

Index Creative Village Plc, the country’s largest event organiser, plans to expand further in Indochina to cash in on opportunities arising from strong economic growth in the region. This year will see an emphasis on consumer events such as concerts, trade shows and marketing campaigns ...

Export growth goal revised up to 5% on key supports

The Commerce Ministry has revised up its export-growth target for this year from 3 per cent to 5 per cent, saying many positive factors could support this including higher global oil prices. After meeting with Thai trade officials from 64 overseas posts and representatives from private-sector ...

Cluster model to entice SEZ investors

Kerry WorldBridge Logistics SEZ, which is developing a 63-hectare industrial park and free trade zone 17 kilometres south of the capital in Kandal province, has taken on a new partner to design and create an “industry and technology cluster” aimed at attracting non-garment manufacturing investment ...

Poipet SEZ to import power

A special economic zone in Poipet City has decided to import electricity from Thailand to ensure a reliable power supply as it expects the influx of more factories and investment. Poipet PPSEZ Co. Ltd. reached a memorandum of understanding with Thailand-based B.Grimm Power Public Company Limited ...

Thai firm to energise Poipet industrial park

Poipet PPSEZ Co Ltd, a wholly-owned subsidiary of Phnom Penh SEZ Plc and operator of the soon to be completed Poipet Special Economic Zone, signed a memorandum of understanding yesterday with a leading Thai energy provider to supply power to the 66-hectare industrial park. The ...

New era of big dam building on the Mekong?

More than 50 years have passed since Australian engineers from the Snowy Hydroelectric Authority did site studies for the huge Sambor Dam on the Mekong River in Cambodia, but the mega project is now back on the drawing board.​ The Cambodian Government has signalled it ...

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