Economy and commerce

Loan guarantees for small and medium-sized enterprise (SMEs) are expected to surge 67% to 10 billion baht a month in the wake of the new credit guarantee portfolio scheme by Thailand’s state-owned Credit Guarantee Corporation. Keep reading ...

Vietnam and the Mekong region’s largest travel exhibition – the International Travel Expo Ho Chi Minh City (ITE HCMC 2015) – will be held from 10 to 12 September at the Saigon Exhibition and Convention Centre. The Ministry of Culture, Sports and Tourism, the People’s Committee of Ho ...

Representatives from about 70 Vietnamese and Egyptian enterprises shared information on business opportunities at a forum in Cairo on 7 September. Keep reading ...

It has been two months since Vietnam started waiving visa for tourists from Germany, France, the UK, Italy and Spain.   But Ung Phuong Dung, director of Indochina Services Travel Group, told Saigon Times Online that around half of her clients from these five European countries still ...

The Ministry of Finance plans to forgo fines imposed on businesses which were behind their tax due date if their partners, including state agencies, had failed to pay them on time in accordance with contract terms. Keep reading ...

The Erawan shrine bombing in Bangkok cost 64.30 billion baht in lost tourism revenue from 1.33 million visitors and the industry should recover in the fourth quarter of 2015, the Tourism and Sports Ministry told the cabinet meeting on 8 September. Keep reading ...

The cabinet on 8 September approved five tax and financial measures to help some 2 million SMEs as part of its stimulus packages to revive the economy. Deputy Prime Minister Somkid Jatusripitak said the packages should help strengthen existing SMEs and attract new operators with potential. Keep ...

Kings Romans Casino is the centerpiece of the Golden Triangle Special Economic Zone, a 39-square-mile private concession in northwestern Laos, an impoverished communist country of 6.7 million between Thailand and Vietnam. As the name suggests, it is within the Golden Triangle, the area where Thailand, ...

Auto maker Vinaxuki recently announced plans to sell its plant in Hanoi’s Me Linh District to repay its debts amid prolonged losses.   It has laid off most of its employees leaving mainly security guards in a factory that used to employ hundreds of workers and engineers. It ...

Trade between Myanmar and its four neighbouring countries has reached US$2.48 billion (85 billion baht) in the financial year to date, a Myanmar Commerce Ministry official said. Keep reading ...