Economy and commerce

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 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 ...

Deputy Prime Minister Dr Sonexay Siphandone and his delegation recently visited Saravan provincial authorities to encourage and guide their operations in the year ahead. During the visit from February 5-6, Dr Sonexay listed the successes previously achieved by the province and plans for the year ...

The government has secured a loan of US$25 million from the World Bank to further strengthen road maintenance and improve road connectivity throughout the country. The Ministry of Finance signed the loan agreement with the World Bank on February 7, with the two parties represented ...

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 ...

The price per kilogram of cassava exports from Cambodia has fallen this year due to plunging market prices and a lack of processing centers in the country. The price of dried cassava in northeastern Rattanakiri province is down to 410 riel (about $0.10) per kilogram ...

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 ...

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, 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 ...

The Ministry of Agriculture and Forestry will this year closely monitor domestic and foreign investment in this sector as it believes that many companies have not implemented the agreements made or complied with stipulated feasibility study methods. The ministry will strictly apply management measures to ...