Economy and commerce
Trade
NA members want tougher oversight on chemical use
National Assembly members have proposed that the government impose tougher measures in managing the distribution and use of dangerous chemicals so they can be brought under control. NA members expressed their wish on October 31 when debating the NA’s Standing Committee oversight of social and environmental ...
Rice farmers despair amid low prices
Kneeling and sobbing before a top commerce ministry official, a Phichit farmer appealed to the government on October 30 to help growers suffering from the fall in rice prices to 5,000 baht a tonne, the lowest level in decades. Sanit Kaho, a 63-year-old farmer, held the legs ...
Gems traders in Mandalay to protest decline in jade market
Gems traders in Mandalay plan to hold a protest tomorrow, calling on the government to take action to bolster the region’s slumping jade market. According to U Than Win, one of the protest’s leaders, the market for jade in Mandalay has been in decline for ...
World body moves to curtail Japan's 'science' whaling
The world’s whaling watchdog moved on October 27 to curtail Japan’s annual whale hunt, conducted under scientific licence but blasted by critics as a commercial meat haul. A resolution on “improving” the review of deadly research programmes, which Japan alone conducts, split the 70-year-old International ...
Waiting to tap rubber’s rebound
The large-scale rubber plantations that arrived in force in Cambodia a decade ago as global rubber prices moved to historic peaks are facing sober prospects as trees they planted before the commodity’s prices headed south begin to reach maturity. While international rubber prices have been ...
Agro-forestry-fishery export value up 6.3%
The total export value of agro-forestry-fishery products in the first ten months of this year reached US$26.4 billion, a year-on-year increase of 6.3 per cent, according to the Ministry of Agriculture and Rural Development. Specifically, export value was $12.5 billion from of main farming products, ...
VN, Singapore pledge to beef up ties
Việt Nam and Singapore have agreed to work together to seek new directions for co-operation in order to optimise opportunities and benefits brought about by free trade agreements and the ASEAN Economic Community. Deputy Prime Minister and Foreign Minister Phạm Bình Minh and Singaporean Foreign Minister ...
VN, Myanmar to enhance political-diplomatic ties
Việt Nam and Myanmar have agreed to further enhance political and diplomatic ties via increasing all-level visits and contacts through Party, government, State, National Assembly channels and people-to-people exchange. The agreement was reached during talks between President Trần Đại Quang and Myanmar President Htin Kyaw following ...
Mekong countries discuss measures to boost region's development
Leaders of the five Mekong countries discussed measures to promote cooperation and make the region more dynamic and competitive at the two summits that convened in Hanoi on October 26. The capital is hosting both the 8th Cambodia-Laos-Myanmar-Vietnam Summit and the 7th Ayeyawady-Chao Phraya-Mekong Economic Cooperation ...
Govt seeks to increase bank deposits to 84 percent of GDP
The government has announced its intention to increase deposits in commercial banks to 84 percent of Gross Domestic Product by 2020, up from the 57 percent expected in 2016, in a bid to meet growing development needs. Governor of the Bank of the Lao PDR, Mr. ...