Economy and commerce

Bomb hits property launches

The deadly Erawan Shrine bombing is expected to weaken already soft demand in the property market. In the wake of the bombing on 17 August, SET-listed developers including Supalai Plc, Property Perfect Plc, Major Development Plc and Noble Development Plc have decided to postpone some or ...

Seven clusters in for extra perks in SEZs

Additional investment privileges are likely to be offered to seven business clusters to be located in special economic zones (SEZs). Deputy Prime Minister Somkid Jatusripitak recently urged the Board of Investment and Industry Ministry to speed up studying the possibility of offering additional privileges to those ...

Rice federation forecasts exports to resume as scheduled in mid-September

Recently halted after severe flooding that inundated swathes of the country, Myanmar will resume rice exports as scheduled from mid-September, the country’s rice federation said on 31 August. Members of the Myanmar Rice Federation had agreed to a temporary pause on exports and to sell domestically at ...

Construction workers needed for Thai-Myanmar SEZ

A raft of additional labourers is needed as construction of the Thai-Myanmar Special Economic Zone in Mae Sot kicks off, Tak province, project leaders say. Keep reading ...

Chinese top visits to Laos

Chinese visitors represent the third-largest segment of foreign visitors to Laos, following visitors from Thailand and Vietnam. In the future it is likely that China will surpass  Thailand and Vietnam as the top supply market for travel. Keep reading ...

Tycoon to the rescue as cheaper China floods Vietnam's economy

Soldier-turned-tycoon Nguyen Huu Duong is a fierce patriot still fighting to protect his country, four decades after battling American forces in the Vietnam War. The construction mogul has amassed a war chest of tens of millions of dollars to fight for greater independence for Vietnam’s economy ...

Farming bivalve molluscs for export favourable in Vietnam

Raising bivalve molluscs for export is currently a promising potential for Vietnam as global markets have a growing appetite for the product and the total domestic farming area could be enlarged, many insiders have said.   Data from the Directorate of Fisheries show that the bivalve mollusc ...

Economic forum reflects on Vietnam’s international integration

Vietnam’s achievements and missed opportunities in the reform process and international economic integration were reviewed at the Autumn Economic Forum entitled “Vietnam`s Economy: Integration and Sustainable Development”. Keep reading ...

Cambodian youths urged to prepare for ASEAN integration

Cambodian deputy prime minister and foreign minister Hor Namhong on 30 August urged youths, who represent about 35 percent of the country’s population, to prepare themselves for an ASEAN Community, which will become a reality by the end of 2015. Keep reading ...

Economists blame lack of policy reforms for Vietnam's failure to benefit from FTAs

Though the government seeks to globally integrate Vietnam — 15 free trade agreements signed since 2007 — its tardiness in reforming policies is preventing businesses from benefiting from the FTAs, delegates said at an economic forum in the central province of Thanh Hoa on 27 ...

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