Economy and commerce
FSC to investigate Korean conglomerate’s palm oil operations in Indonesia
The Forest Stewardship Council (FSC), one of the world’s most influential sustainable forestry certification bodies, has announced that it will investigate the Indonesian oil palm operations of Korean agribusiness conglomerate Korindo in response to a formal complaint submitted by environmental group Mighty Earth. The group ...
Indonesia’s plantation lobby challenges environmental law
Palm oil and paper lobby groups have asked Indonesia’s highest court to strike down rules holding plantation firms strictly liable for fires that occur on their land. The groups have also asked the Constitutional Court to eliminate a regulation letting small farmers practice slash-and-burn techniques, the ...
BoT eases up on forex regulations
The Bank of Thailand on June 5 loosened a set of foreign exchange regulations, including allowing Thais to invest directly in securities abroad at an amount of up to $1 million a year, in a fresh bid to accommodate capital outflows, curb the appreciating baht (which ...
Enterprises urged to pursue sustainable development goals
Government officials urged businesses to achieve sustainable development goals and come up with practical plans at a seminar about environmental protection held on June 5 in Vũng Tàu City. Hosted by the Ministry of Natural Resources and Environment and the Việt Nam Chamber of Commerce and ...
Western policies may slow growth
Long-term growth prospects for developing economies, including Cambodia, will continue to be undermined by a lack of investment as well as the risk of increased protectionist policies by the United States, which could hamper the growth of commodity-driven economies, according to a new report released ...
Abe's belt and road pivot signals push to improve bilateral ties
Prime Minister Shinzo Abe’s conditional support for China’s Belt and Road infrastructure plan tells Beijing that Tokyo is ready to work toward warmer bilateral ties as the future of Asian security grows more uncertain. Abe praised the initiative’s “potential to connect East and West” in ...
Animal farms in Southeast Asia fuel an illegal trade in rare wildlife
The tiger paced back and forth in its cage, groaning mournfully. A second big cat slept soundly in the corner, while a third stared blankly at the bars. Next to this cage was another containing three more tigers, and after that three more cages: a ...
Financing sustainable agriculture possible, if terms fit farmers’ needs
Much of the deforestation in the world’s tropical rainforests comes so that we humans have enough to eat. But sustainable agricultural practices exist that help farmers coax more corn and soybeans, coffee and cacao, and a host of other products from the soil, without having ...
Hòa Phát to issue over 250 million shares
Steelmaker Hòa Phát Group (HPG) plans to issue over 250 million shares to raise capital for investment in the second phase of Hoà Phát Dung Quất iron and steel production complex. HPG will sell those shares at a price of VNĐ20,000 (US$0.8) per share, expecting ...
Rice farmers encouraged to plant maize after harvests
Low-land rice farmers will be encouraged to plant maize after rice harvests in an attempt to reduce high-land forest encroachment to clear land for maize cultivation. Agriculture Minister Chatchai Sarikalya said on Monday that, from his discussion with representatives of the animal feed manufacturers’ association, ...
