Economy and commerce

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 ...

Workers prepare ground for Laos-China railway

The construction of workers’ camps for the Laos-China railway is under way in Luang Namtha province but there is much to be done before work on the railway itself can begin. There are now 200 or 300 Chinese workers in the camps, but they are ...

Oudomxay eyes development of tourist sites

About 100 tourist sites in Oudomxay province await development so that visitors can fully enjoy them in comfort. The Oudomxay Tourism Office says there are 106 officially designated tourist sites in the province. An official at the office, Mr Van Mingboupha, told Vientiane Times on ...

Thailand's expanding state 'threatens future growth'

Expansion of creaking rail system may put economy on the wrong track, critics say. Thailand is banking on its state-owned enterprises to spearhead economic growth in 2017 through massive investments in infrastructure. The push has brought one of the kingdom’s biggest and oldest SOEs, the State ...

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