Industries

Manufacturing

An elemental difference has developed among those concerned for wetland conservation

If this year’s severe drought returns next dry season, Uncle Wai Rodtayoy and other salt farmers in tambon Koek Kharm of Samut Sakhon, known as the country’s largest sea-salt-farming area, will see mounting debts. The price of salt this year bottomed at 450 baht per ...

Vietnam should not invest in steel

Former Minister of Planning and Investment, Professor Nguyen Mai, speaks to the Tuoi tre newspaper, suggesting that HSG should focus on the manufacture of high grade alloy rather than steel. Recently, the Hoa Sen Joint Stock Group made public a super project for steel production in ...

B Grimm Power delays listing plan over change in accounting

B Grimm Power will postpone to next year its plan to list on the stock market because of a change in accounting standards, said company president Preeyanart Soontornwata. She said the new standards affected B Grimm Power’s plan for an initial public offering as it ...

So long to the Asian sweatshop

For 30 years, the word “sweatshop” has conjured up a very specific image: low-wage Asian workers making branded clothes in crowded, unsafe factories for consumers overseas. The power of that image has launched human rights campaigns, altered how major companies source their products and informed ...

Mekong Delta region awaits floods

The Mekong Delta, the rice, seafood and fruit granary of the country, is facing landslides and sinking, as it no longer receives enough silt because of limited floodwaters. “We have been living here for several generations and we have never seen such poor floodwaters until the ...

More than a thousand furniture plants ordered to shut down

The government has ordered some 1,154 family-unit furniture plants across the country to shut down their illegal operations, a government spokesman announced on September 1. Additionally, more than 20 wood processing plants located in or near conservation and protected forests areas were also ordered to close ...

Formosa pays $500 mil compensation for marine disaster in central Vietnam

Taiwanese company Formosa Plastics, which caused deadly marine pollution in the central region by discharging untreated effluents, has paid up the US$500 million compensation it promised to, officials said. The environment ministry said on August 31 Formosa had transferred the second half of the promised amount a ...

ASEAN trade beckons strict food safety measures

Rising income levels combined with an increase in cross-border trade in Southeast Asia has meant many countries in the region have had to begin strengthening food safety measures in order to meet growing consumer awareness. Under new food safety laws revised in July, the maximum punishment for food poisoning and ...

Garment sector figures disputed

Government officials and union groups on August 23 cast doubts on the findings issued by the industry body for the nation’s garment and footwear manufacturers, challenging its claim that mounting investor concerns had forced dozens of local factories out of business and resulted in a sharp ...

Phnom Penh SEZ to construct factories for hire

In a bid to diversify its revenue stream, Phnom Penh SEZ will restructure its business model by injecting capital into building its own factories that can be leased to tenants of its flagship industrial park, a company representative said on August 23.“Right now, 90 per ...

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