Economy and commerce
Trade
Poipet SEZ to import power
A special economic zone in Poipet City has decided to import electricity from Thailand to ensure a reliable power supply as it expects the influx of more factories and investment. Poipet PPSEZ Co. Ltd. reached a memorandum of understanding with Thailand-based B.Grimm Power Public Company Limited ...
Thai firm to energise Poipet industrial park
Poipet PPSEZ Co Ltd, a wholly-owned subsidiary of Phnom Penh SEZ Plc and operator of the soon to be completed Poipet Special Economic Zone, signed a memorandum of understanding yesterday with a leading Thai energy provider to supply power to the 66-hectare industrial park. The ...
All imported raw prawns to be pulled for white spot testing; fears that prices will rise
There are fears the price of prawns is about to go “through the roof” following a decision by the Federal Government to recall all imported raw prawns. The importation of green, or uncooked, prawns into Australia was suspended in January, but prawn farmers have expressed ...
White spot in prawns the latest in biosecurity failures highlighting impact of cuts to staff, research
After a huge increase in exotic pests and diseases, Australian agriculture and environmentalists are demanding more focus on biosecurity. The past five years of failures ranges from the attacking red fire ants, banana diseases, myrtle rust and a melon disease to an exotic disease in ...
East Asia’s agreement to keep the world economy open
What the Trump administration will ultimately do to the shape of the global trade regime is difficult to foretell but there’s no question that it will change it forever, even if there is strong global push-back against Trump’s threat to unravel trade agreements and carry ...
Fukushima peach exports recover in Southeast Asia, sparking hope for other produce
Fukushima peaches are making inroads into Southeast Asian markets in what prefectural officials see as a model case of recovery in its farm produce. Fukushima grabbed the top share of Japanese peach exports to three Southeast Asian countries last year — 73.9 percent in Thailand, ...
Opportunities exist for rice exports in high-end market
Experts believe that Vietnam should focus on producing high-quality rice instead of striving to earn money from selling low-cost rice products. Soon after Vietnam began harvesting the 2016-2017 winter-spring crop, the Thai government announced it planned to sell all its stockpiled rice – estimated at 8 ...
SRT considers electric rail to Malaysia
The State Railway of Thailand has been asked to consider an electric train project linking Hat Yai to Padang Besar in Songkhla, said the Transport Ministry. The proposal which was made by the Office of Transport and Traffic Policy and Planning, concerns the double-track railway ...
Paddy prices rise as winter-spring crop ready for harvest
Domestic paddy prices have increased by 12 per cent as the winter-spring crop in the Cửu Long (Mekong) Delta is ready to be harvested. In An Giang Province, fresh paddy IR50404 is being sold at VNĐ4,500-4,600 per kilo, high-quality paddy VNĐ4,700-4,800, and dried high-quality paddy ...
Rice-clearing auction draws big crowd
Sixty-six rice traders participated in the government’s auction of 2.86 million tonnes of rice on February 16, showing high market demand for the last lot of rice suitable for consumption from the government’s stocks. Duangporn Rodphaya, director-general of the Commerce Ministry’s Foreign Trade Department, said ...