Economy and commerce

Japanese appliance maker aims to rely less on tourist shopping sprees. Zojirushi’s earnings have plateaued as buying by foreign tourists has ebbed, forcing the Japanese kitchen appliance manufacturer to seek customers in new markets, particularly Southeast Asia. The company said Monday that group sales edged ...

Japan’s Taiyo Life Insurance will jointly establish an insurance software company in Myanmar as early as February, partnering with local business in an effort to secure its position here before the market opens to foreign investment. The enterprise will launch with roughly 1.2 billion kyat ...

Cassava prices rose this month compared with a few months ago due to limited supply, but the market for cassava is uncertain. Sorn Yin, the president of Malai Trading that collects cassava in Banteay Meanchey province and sells to Thailand, said that despite the price rising ...

Though it is the country’s biggest granary and fishery area, exporting $30 billion worth of products each year, the Mekong Delta still cannot attract major investments. A report of the Ministry of Planning and Investment shows that Vietnam has attracted $290 billion worth of foreign direct ...

Lao trucks delivering goods to China have to transfer their freight to Chinese trucks at the Boten international checkpoint in Luang Namtha province, officials have said, citing the smaller size of Lao trucks. Another official in Luang Prabang province also said that Lao trucks could ...

Lao and Vietnamese leaders have discussed a number of issues in a move to consolidate the cooperative relations, friendship and special solidarity between the two countries. At a meeting held between Lao Minister of Foreign Affairs Mr Saleumxay Kommasith and his visiting Vietnamese counterpart Pham ...

With the recent enactment of the investment law and lifting of sanctions, Myanmar has become friendlier to foreign investment, particularly in infrastructure, transport and energy, according to its state investment agency. The Myanmar Investment Law was passed on Oct. 18 by combining the country’s foreign ...

With persistent concerns expressed by India about China’s exploitation of the Yarlung Zangbo River, upstream from the Brahmaputra River in India, officials and scholars should study the possibility of borrowing on the experience of the Lancang-Mekong cooperation mechanism to resolve disputes along trans-boundary rivers. The ...

The Revenue Department is comfortable with its revenue target for this fiscal year as it is optimistic the improving economy and accelerating public investment will generate higher tax revenue, its chief says. Economic growth in 2017 could expand at a faster pace than the past ...

The Board of Investment says new investment in the aviation sector has risen substantially in the first 10 months of this year, signalling Thailand is coming closer to its goal of becoming an aviation hub in ASEAN. Secretary-general Hiranya Suchinai said the applications submitted by ...