Economy and commerce
Investment
Dusit Thani links with CPN on Bt37 bn mixed-use project
Dusit Thani, a hotel and property-development company, has partnered with Central Pattana to renovate and develop a mixed-use project worth around Bt36.7 billion on land it leases in Bangkok from the Crown Property Bureau. The company has signed an agreement with the bureau to renew ...
The steps toward 2025’s logistics transformation
Vietnam has unveiled a new plan to transform the country into a regional logistics hub by 2025. The new plan draws attention to the importance of logistics in Vietnam’s positioning as an international trade hub Prime Minister Nguyen Xuan Phuc recently sanctioned the action plan to enhance ...
JWD pushes for big investment return
Logistics company JWD InfoLogistics says it has adopted a business plan to increase revenues from its recent investments in ASEAN markets, such as in warehouses in Laos, Myanmar and Cambodia. The plan for 2017 aims for a minimum seven percent revenue growth. Recent investments in ...
Cultivation of cassava still firmly rooted
Cambodian farmers continue to expand cassava cultivation despite falling commercial prices for the crop and low international trade volumes, new data from the Ministry of Agriculture show. The total area of cassava cultivation grew 34 percent last year, with the starchy tuber planted on 771,000 ...
Independent centre reports on nation’s natural resources
The Ethnic Nationalities Affairs Centre (ENAC) (Union of Burma), has released a report recommending greater government emphasis on the possession, management, share of revenues and impact of the country’s natural resources during the second 21st Panglong Conference. “After the 21st Panglong Conference is concluded, there will ...
Trade pacts urged to ease impact from protectionism
Thailand should work towards a swift finalisation of the Regional Comprehensive Economic Partnership to offset the prospect of protectionism in global trade, the University of the Thai Chamber of Commerce says. With the policies of President Donald Trump’s administration in the United States seen likely to ...
Agricultural sector and SMEs to receive private bank loans
The Central Bank of Myanmar will make it compulsory for local private banks to grant a minimum percentage of their loans to the agricultural sector and the small and medium-sized enterprises sector, Central Bank director general U Win Thaw told the Myanmar Times. During a meeting held by ...
Power in South stable without Krabi plant: academics
Academics said on February 28 that the southern region would still have stable power generation in the near future even without the proposed Krabi coal-fired power plant, although Thailand would have to invest in some form of new power generation in the long term. Meanwhile, the Office ...
Thai mine ‘destroyed Myanmar water sources’
People in Heinda district in Myanmar’s Tanintharyi Region have been deprived of clean water, amid claims that a tin mine operated by a Thai firm has contaminated the river and water sources with heavy metals. Looking out from the local temple, Myaung Pyo seems like ...
Vietnam to cater more to Chinese tourists
The number of Chinese travelers to Vietnam in 2016 accounted for one-third of all foreign travelers. According to the Chinese tourism administration agency, in the last five years, the number of Chinese travelers has increased by twofold to 120 million. One out of every foreign travelers ...
