ASEAN to open markets for regional startups

Member countries of the Association of Southeast Asian Nations (ASEAN) are expected to open their markets for startup companies from the region, especially unicorn startups, to boost development of the regional digital economy. “We also discuss ways to open the markets within ASEAN and expand ...

Urban FMCG market rising as rural market sees lower growth

2016’s GDP reaching 6.21 per cent fell short of the target of 6.5 per cent but CPI was controlled at 2.67 per cent, lower than the targeted 3-4 per cent. Retail sales of consumer goods also maintained double digit growth, at 10 per cent on ...

Street vendor holdouts, YCDC on crash course over relocation plan

Tensions are mounting between Yangon City Development Committee and the commercial capital’s street vendors, as a small contingent refuses to move stalls from their locations on Anawrahta Road. Following a recently announced ban on street stalls on Yangon’s 11 busiest roads, YCDC staff have been travelling ...

Nay Pyi Taw’s fresh produce market to reopen in January

Residents of the nation’s capital should have their fresh produce stalls back by the end of January when upgrades for Tha Pyay Gone Market are expected to wrap up, according to the Nay Pyi Taw City Development Committee. The project, which has been under way for ...

Rice cooperatives still held back by marketing

Lao rice cooperatives have made good progress in terms of their rice production efforts but marketing and sales deficiencies are still causing problems for the co-ops. Agricultural officials and representatives from model cooperatives in the provinces of Xayaboury, Khammuan, Savannakhet and Vientiane are currently meeting ...

Govt to help rice farmers tap online channels

The Commerce Ministry will help farmers sell their rice directly to consumers in Thailand and abroad via social media and other online as well as offline channels. This is part of a bid to reduce dependence on middlemen as domestic paddy prices hit a 10-year low. ...

Farming cooperatives to accept pledges of 2 million tonnes of paddy from farmers

Seventy-three farming cooperatives in 13 provinces are expected to be able to accept pledges of two million tonnes of paddy from farmers worth about 23 billion baht, said agriculture inspector-general Prinya Pergsombat on November 7. Prinya made the above remark after having met representatives of ...

Govt begins buying up rice paddy to help farmers amid slump in prices

Government agencies have begun implementing measures aimed at helping rice farmers sell their produce amid declining paddy prices. The Ministry of Agriculture and Cooperatives is buying up paddy of Hom Mali fragrant rice from farmers throughout the country, Agriculture and Cooperatives Minister General Chatchai Sarikalya ...

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