News

Net widens in probe of ThaiHealth

Authorities have vowed to investigate the recipients of the Thai Health Promotion Foundation’s (ThaiHealth) funding after checks found the foundation’s budget had been misspent. The findings were based on scrutiny by the monitoring and auditing committee on fiscal expenditure and the Office of the Auditor-General, Justice Minister ...

Developers' campaigns tap stimulus

Property developers are busy introducing special marketing campaigns to cash in on the Thai government’s property stimulus measures that kicked off on 19 October. Among them are Sansiri Plc, which introduced on-top discounts for 62 residential projects nationwide that have remaining units available for sale priced from ...

Vietnam's biggest company set to boost foreign ownership limit

Vietnam Dairy Products JSC is willing to raise foreign ownership in the country’s biggest company by market value to the maximum level the government would allow.   “We want to open the room by the limit allowed by the government because the investment of overseas investors will ...

Industry call to ban new flights at Suvarnabhumi

The aviation industry is calling for a ban on new flights operating through Suvarnabhumi airport to prevent further congestion. The Airline Operators Committee, a coalition of 86 international airlines and 26 aviation service providers operating at Suvarnabhumi, is urging authorities to impose the ban immediately. Keep reading ...

Sa Kaeo SEZ welcome, with reservations

Once the government has earmarked a province for a special economic zone (SEZ), theoretically it means more jobs, higher incomes and a better quality of life. But while residents of Sa Kaeo province are looking forward to their SEZ, they also have questions. Villagers want the new ...

Thai group to manage $1.5bln Vietnam resort

Thailand’s ONYX Hospitality Group has signed an agreement with Vietnam’s HB Group to manage a US$1.5-billion resort that is being built in Hoi An, local authorities announced on 18 October. Keep reading ...

Human trafficking on the rise in Vietnam: police

Many people are smuggled from Vietnam to Cambodia and China to work as prostitutes and forced labor at mines, Ho Sy Tien, director of the Crime Branch Police Department, said.   “Human trafficking has been on the rise and become more sophisticated, with smugglers employing new tricks, ...

Ready or not, ASEAN economic integration coming, warns banker

“The Philippines is an attractive market without a means to compete,” according to BDO Unibank Inc. president Nestor Tan, expressing worry that Philippine banks are not ready to compete with the bigger banks of neighboring countries with the establishment of the ASEAN Economic Community. Keep reading ...

Polio death draws 500,000 vaccine dose response in Laos

Half a million doses of the oral polio vaccine (OPV) will be distributed to at risk groups in Laos as health authorities respond to the dangers posed by the virus. The virus is responsible for the death of an eight-year-old boy in the province of Borikhamxay ...

Vietnam, Laos enhance military cooperation

High-ranking military officers of Vietnam and Laos have reviewed the implementation of cooperation programmes between the two countries’ armies at talks in Hanoi on 17 October. Keep reading  ...

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