Economy and commerce
Trade
Government help needed to improve SME market access
KT: How does FASMEC plan to help promote SMEs? Taing Por: In order to liaise with SMEs, FASMEC will open branches in 25 provinces nationwide in May. This will enable investors to be matched with provincial business partners. We will be focusing on SMEs in the ...
What Thailand can learn from Mexico on energy reform
As has been done for almost 80 years, Mexico last Saturday commemorated the so-called “Oil Expropriation Day”, a national holiday marking the nationalisation of the Mexican oil industry by the government of President Lazaro Cardenas in 1938. But this year’s celebration was particularly at odds with ...
Poor crop hurts cashew farmers
Many farmers in the southern provinces of Bình Thuận, Bình Phước and Bà Rịa – Vũng Tàu have been encountering difficulties due to a poor cashew crop caused by bad weather and plant diseases. Nguyễn Đình Chương, a farmer who has four hectares of cashew ...
Public urged to report inferior goods
Action will be taken against unscrupulous traders who market non-standard or low quality goods if the public report them to Yangon Region’s consumer dispute settlement body, said U Myint Cho, regional head of Department of Consumer Affairs. Urging the public to lodge complaints on non-standard ...
Lazada to provide online training to local SMEs
Lazada Group, a subsidiary of Chinese e-commerce giant Alibaba Group, plans to provide training to 30,000 local small and medium-sized enterprises this year to raise their online capabilities. The development has come after Alibaba signed a letter of intent with the government to help it move ...
Exports to grow 8% on value-added items
The value of Thai food exports is projected to grow by 8% this year to reach US$26 billion thanks to more value-added food items and higher global demand. Malee Choklumlerd, director-general of the International Trade Promotion Department, said Thailand shipped about $24 billion worth of ...
Kampot pepper prices plunge
Pepper prices in the Kingdom’s largest pepper producing region have fallen over 30 percent in the last year due to growing international supply that is leading to higher competition in the market, an industry expert said on March 16. Hong San, president of the Dar-Memot ...
FDA urged to issue product safety details
Consumer protection networks have called on the Food and Drug Administration to reveal information on products certified by the agency to help ensure the safety of consumers who buy them online. Sathaporn Arakwatana, a freelance researcher on consumer rights, said the FDA should disclose a ...
Sugar slowly moves to market
Cambodia’s five major sugar producers exported just 4 percent of the country’s planned refined sugar capacity to the international market last year, equalling only 80,000 tonnes, a sign that government officials said means the sector still has ample room for growth as sugar companies push ...
PM calls for overhaul of VN rice sector
It’s time to overhaul Việt Nam’s rice production given that the staple plays an irreplaceable role in the country’s agriculture, Prime Minister Nguyễn Xuân Phúc said on March 15, adding that the rice sector needs to pay more attention to the domestic market of nearly ...