Economy and commerce
Border SEZ bid conditions softened
The Treasury Department has set lenient conditions for the coming bidding to develop state lands in Mukdahan and Nong Khai provinces into special economic zones to draw bidders. The relaxed conditions include land development experience in wider fields, an extension of development proposal submissions, change ...
Đà Nẵng, Japan to co-operate in seafood production, sewage treatment
The central city of Da nang, in co-operation with the Japanese International Co-operation Agency, will start building a seafood value chain in the city with a fund of 60 million Japanese yen (around VNĐ11 billion or US$528,000). The city’s secretariat said the project, which will ...
Shortages push up cashew price
The price of fresh cashews has jumped by about 30 percent over the price last year due to shortages of the nut and the fact that the harvest will not get into full swing until early next month. A lack of investment in technology to ...
US grants one-year extension of GSP privileges for Thai products
Three Thai products that had been at risk of losing their preferences – video cameras, lenses for eyeglasses, and air-conditioner parts – will continue to enjoy export privileges to the US this year, as their values have not yet exceeded competitive need limitations. Duangporn Rodphaya, ...
Laos still faces chemical management issues
Laos is currently facing a variety of chemical management issues due to a shortage of a full set of regulations, adequate knowledge, the proper equipment and a satisfactory budget. At the 11th Regional Chemicals Management Forum held on February 21 in Vientiane, Deputy Director General of ...
What happens when the soy and palm oil boom ends?
Over the past thirty years demand and production of oils crops like oil palm and soybeans has boomed across the tropics thanks to rising incomes, macroeconomic changes and government policies, and substitution effects. This rapid expansion has in some places taken a heavy toll on ...
New housing projects for Yangon
In addition to the New Yangon city project, which is going to start at the end of February in the Kyeemyindaing township on the other side of the Yangon river, work to upgrade old houses and construct new housing for squatters and government employees will ...
Index plans CLMV activity to spur growth
Index Creative Village Plc, the country’s largest event organiser, plans to expand further in Indochina to cash in on opportunities arising from strong economic growth in the region. This year will see an emphasis on consumer events such as concerts, trade shows and marketing campaigns ...
Export growth goal revised up to 5% on key supports
The Commerce Ministry has revised up its export-growth target for this year from 3 per cent to 5 per cent, saying many positive factors could support this including higher global oil prices. After meeting with Thai trade officials from 64 overseas posts and representatives from private-sector ...
Cluster model to entice SEZ investors
Kerry WorldBridge Logistics SEZ, which is developing a 63-hectare industrial park and free trade zone 17 kilometres south of the capital in Kandal province, has taken on a new partner to design and create an “industry and technology cluster” aimed at attracting non-garment manufacturing investment ...
