Infrastructure
Markets
Infrastructure boosts Đồng Nai properties
The property market is booming in the southern province of Đồng Nai of thanks to its excellent infrastructure. The local Department of Construction said 250 property projects were developed recently, 15 by foreign investors and involving a minimum investment of US$10 million. Some that had ...
The battle in the plastic industry among local, foreign rivals
Plastics companies’ high growth rate of 11 percent in the last five years has attracted the interest of foreign companies. Many Vietnamese plastics companies have become targets of foreign conglomerates planning to conquer the Vietnamese market. Thai SCG Group, for example, not only has a 20 percent ...
Urban FMCG market rising as rural market sees lower growth
2016’s GDP reaching 6.21 per cent fell short of the target of 6.5 per cent but CPI was controlled at 2.67 per cent, lower than the targeted 3-4 per cent. Retail sales of consumer goods also maintained double digit growth, at 10 per cent on ...
Government holds off on paddy purchases
The Ministry of Commerce is suspending plans for a paddy purchase program due to a recovery in market prices, according to ministry spokesperson U Khin Maung Lwin. U Khin Maung Lwin told The Myanmar Times in the first week of December that the ministry had approval ...
Rubber growers may see profits bounce back
Rubber growers may have another chance to make money from the crop, but may have to wait a few years to reap profits. This was the prediction made by Chinese experts in the rubber trade on December 26 when they revealed the results of their ...
Street vendor holdouts, YCDC on crash course over relocation plan
Tensions are mounting between Yangon City Development Committee and the commercial capital’s street vendors, as a small contingent refuses to move stalls from their locations on Anawrahta Road. Following a recently announced ban on street stalls on Yangon’s 11 busiest roads, YCDC staff have been travelling ...
Nay Pyi Taw’s fresh produce market to reopen in January
Residents of the nation’s capital should have their fresh produce stalls back by the end of January when upgrades for Tha Pyay Gone Market are expected to wrap up, according to the Nay Pyi Taw City Development Committee. The project, which has been under way for ...
Halal order raises stakes for abattoir
SLN Meat Supplies, the company behind Cambodia’s first industrial slaughterhouse, is hoping to secure an export contract to supply $50 million worth of halal beef to a Malaysian distributor. This would be the company’s first overseas export agreement, and a much-needed boost to secure regular ...
Rice cooperatives still held back by marketing
Lao rice cooperatives have made good progress in terms of their rice production efforts but marketing and sales deficiencies are still causing problems for the co-ops. Agricultural officials and representatives from model cooperatives in the provinces of Xayaboury, Khammuan, Savannakhet and Vientiane are currently meeting ...
Govt to help rice farmers tap online channels
The Commerce Ministry will help farmers sell their rice directly to consumers in Thailand and abroad via social media and other online as well as offline channels. This is part of a bid to reduce dependence on middlemen as domestic paddy prices hit a 10-year low. ...
