Economy and commerce

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 ...

All imported raw prawns to be pulled for white spot testing; fears that prices will rise

There are fears the price of prawns is about to go “through the roof” following a decision by the Federal Government to recall all imported raw prawns. The importation of green, or uncooked, prawns into Australia was suspended in January, but prawn farmers have expressed ...

White spot in prawns the latest in biosecurity failures highlighting impact of cuts to staff, research

After a huge increase in exotic pests and diseases, Australian agriculture and environmentalists are demanding more focus on biosecurity.​ The past five years of failures ranges from the attacking red fire ants, banana diseases, myrtle rust and a melon disease to an exotic disease in ...

East Asia’s agreement to keep the world economy open

What the Trump administration will ultimately do to the shape of the global trade regime is difficult to foretell but there’s no question that it will change it forever, even if there is strong global push-back against Trump’s threat to unravel trade agreements and carry ...

Fukushima peach exports recover in Southeast Asia, sparking hope for other produce

Fukushima peaches are making inroads into Southeast Asian markets in what prefectural officials see as a model case of recovery in its farm produce. Fukushima grabbed the top share of Japanese peach exports to three Southeast Asian countries last year — 73.9 percent in Thailand, ...

Risk and the public balance sheet in Asia: a work in progress

While there are natural catastrophes all over the world, Asia is a unique confluence of people and perils.​ More than half of the world’s population lives in Eastern, Southern and Southeast Asia. The region hosts more than 1.6 billion urban inhabitants and seven of the ...

Opportunities exist for rice exports in high-end market

Experts believe that Vietnam should focus on producing high-quality rice instead of striving to earn money from selling low-cost rice products. Soon after Vietnam began harvesting the 2016-2017 winter-spring crop, the Thai government announced it planned to sell all its stockpiled rice – estimated at 8 ...

Top Myanmar retailer to launch e-wallet with Thai technology

As Myanmar has enjoyed a dramatic increase in the number of data users over the past three years, its leading retailer City Mart Holding Ltd plans to launch its first e-wallet service in mid-2017 with the support of T2P, a Thai FinTech company belonging to ...

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