Industries
Manufacturing
Padaeng agrees dividend, focuses on new areas
Padaeng Industry’s annual general shareholders’ meeting on Tuesday passed a resolution to pay dividends of Bt1 per share, for a total of Bt226 million, managing director Francis Vanbellen said. PDI will pay those whose names appear on the shareholders list by May 3 in accordance ...
Innovative products in focus as SCG mulls new investments in EEC
Siam Cement Group is studying expanding in the Eastern Economic Corridor through three core businesses – petrochemicals, packaging, and building materials – with the focus on innovative products. “We are looking at the incentives and the infrastructure around the project before making a decision on ...
Garment exports grow despite hurdles
The domestic garment industry has faced many challenges in exporting to key markets, such as the European Union and the United States, but it still has a chance of achieving its export target this year, according to experts. First quarter figures appear to support this expectation. ...
Ministry chided over factories
Deputy Prime Minister Men Sam An has ordered the Industry Ministry to be stricter in its implementation and monitoring of industry and technical standards to ensure the safety of workers involved. Ms. Sam An, who is also Minister of the National Assembly-Senate Relations and Inspections ...
Leather and footwear exports could reach $26 billion by 2020
Việt Nam is targeting to earn between US$24 billion to $26 billion from leather and footwear exports by 2020 under a revised plan for leather and footwear industry development until 2025 with a vision to 2035. The Ministry of Industry and Trade held a seminar ...
Economy to face new challenges
Cambodia’s economic growth remained strong last year though the Kingdom must now address major systemic challenges to build on its ascension into lower-middle income status in order to maintain healthy levels of development, the Asian Development Bank said in its annual report on April 6. ...
Vietnamese workers warned of ‘robot threat’
Millions of textile & garment and footwear workers could be replaced with robots in the future. Robots are already being used at the 20-hectare Vinamilk actory in Binh Duong province. There are 19 robots and several workers. Everything runs on an automation process. Some robots carry ...
Inspect steamers, ministry tells factories
The Labor and Vocational Training Ministry has instructed all garment, textile and footwear factory owners to ensure all steam irons adhere to safety regulations to prevent explosions like the one last month that killed one garment worker. In an announcement by Labor Minister Ith Samheng dated ...
Slow bounce for rubber price
Rubber prices are predicted to increase gradually as suppliers in the main producing countries restrict their stock for export to let the price recover after a long decline. Pol Sopha, director-general of the rubber department at the Agriculture Ministry, said exports had increased from year ...
Laos-China direct flight serves to promote cooperation
The number of people travelling between Laos and China has increased, especially the number of Chinese visiting Laos from Hainan province, since a direct flight between Vientiane and Hainan came into service last year. The new sector has proved popular and is leading to more ...