Economy and commerce
Investment
Coal-fired power plant decision due Friday
The battle to stop the coal-fired power plant in Krabi is about to erupt again as the Energy Policy and Planning Committee meets Friday to decide the fate of the project. Project opponents who have organised under the Network for Saving the Andaman plan to ...
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 ...
Rice-clearing auction draws big crowd
Sixty-six rice traders participated in the government’s auction of 2.86 million tonnes of rice on February 16, showing high market demand for the last lot of rice suitable for consumption from the government’s stocks. Duangporn Rodphaya, director-general of the Commerce Ministry’s Foreign Trade Department, said ...
‘Industry 4.0’ Thailand’s path to prosperity, seminar hears
The fourth Industrial Revolution offers vast opportunities for businesses and Thais can reap its benefits to become richer than Singaporeans within a decade, Dhanin Chearavanont, chairman and chief executive officer of Charoen Pokphand Group, said on February 15. “In 10 years, Thais will be getting richer. ...
Letpadaung copper project to bring in US$20m
The Letpadaung Copper Project, which is a joint venture between the Wanbao Mining Company from China, Myanmar Economic Holdings Limited and the Myanmar Government is expected to generate about US$20 million in its first 10 months for the State, said U Ohn Win, Union Minister ...
Government plugs rubber switch
The government is seeking intrepid smallholder farmers to pilot a project that would transform 6,000 hectares of cropland in two provinces into a patchwork of small rubber plantations. The Ministry of Agriculture is eyeing 5,000 hectares of land in Ratanakkiri and 1,000 hectares in Battambang ...
ASEAN nations review stance on intellectual property
Experts from ASEAN member countries and their development partners in the region are meeting in Vientiane to discuss issues relating to the 52nd ASEAN Working Group on Intellectual Property Cooperation and intellectual property protection. Topics centered on ASEAN economic integration with participants convinced that the ...
Listing brings few benefits for construction sector for now
There is only one listed construction-related firm on the Yangon Stock Exchange at the moment. Joining the YSX will not boost the construction companies to raise capital for real estate projects in the short term. KBZ Bank deputy managing director U Bo Bo Wai Maung said ...
First salt export deal crystallises
Local specialty food producer Confirel Co Ltd has secured the first-ever export contract for Cambodian salt, finalising an order for 20 tonnes to French consumers and offering a ray of hope as the local salt industry teeters on insolvency. Under an agreement signed with French ...
US turbulence should steer clear of Vietnam trade
Bilateral trade and investment from the US into Vietnam are expected not to see drastic changes under US President Donald Trump. Michael Sieburg, associate partner at Asia-Pacific marketing strategy consulting firm Solidiance, talked to VIR’s Hong Anh about the impact of the American withdrawal from the ...
