Economy and commerce
Renewed interest in Bangladeshi trade ties
Cambodia and Bangladesh made a fresh push on January 24 to revive dormant bilateral trade initiatives, with Phnom Penh hosting the first-ever conference and exhibition for a delegation of leading Bangladeshi companies. Bangladesh’s Ambassador to Thailand and Cambodia Saida Muna Tasneem admitted trade between the two ...
More tourists, less revenue
The Ministry of Tourism released its annual report on January 24 during its yearly meeting, showing growth continued for the sector in 2016, while launching a campaign to eliminate unlicensed tourist establishments that ministry officials claim slowed revenue collection last year. International tourism arrivals increased by ...
Xieng Khuang promoting native cattle exports
Xieng Khuang province plans to expand the breeding of native cattle for domestic and overseas sales with the province already exporting almost 10,000 head per year. The province has promoted health programmes with vaccinations to protect local breeds from diseases and ensured that sufficient pasture ...
Mushroom’s SME programme crosses the borders
Mushroom Television Co is taking its hit SME programme “Young Self-Made Millionaire”, which has been airing on MCOT for five years, to Laos next month, and to Vietnam and Cambodia in March. “We expect the expansion will help our growth to reach 10 per cent ...
'Bio-economy' to draw Bt400 bn
The government on January 23 announced the launch of its ambitious “bio-economy” scheme, which it expects to draw Bt400 billion worth of investment from the private sector during the next 10 years. Speaking at the signing ceremony for a memorandum of understanding between the public and ...
Fish yields rise, exports fall
The total export of fish products decreased in 2016 even though fish yields rose, causing income from the fisheries sector to drop by nearly a half compared with a year earlier. An Agriculture Ministry report showed that income from the fisheries sector in 2016 was ...
No violations of timber ban, forestry sector reports
There have been no violations of the ban on timber exports to foreign countries from the provinces after the Prime Minister issued the order almost nine months ago, according to the Ministry of Agriculture and Forestry. Deputy Minister of Agriculture and Forestry, Mr Thongphath Vongmany ...
Laos, China launch plant inspection and quarantine project
Laos will benefit from a new plant inspection and quarantine development project with a feasibility study looking at improving the protection of agriculture and forestry production along the country’s borders. An agreement to implement the project was signed on Friday in Vientiane between the Director ...
Trade officers prepare for Trump era
Amid concern over the impact on Thailand’s export growth of so-called “Trumponomics” under the new US president and the United Kingdom’s Brexit vote, Thai trade officers from 63 posts in 47 countries will attend a meeting in Bangkok on February 22 that has been called ...
SEC not worried about impact of B/E defaults
The securities watchdog has said it is not worried about defaults involving millions of baht worth of bills of exchange, saying the exposure is very low compared to the total bond market. The Securities and Exchange Commission, however, has taken prompt action to mitigate nervousness ...