Investment

Thai businesses are ramping up ties with their Myanmar counterparts in five main areas — agriculture, border trade, energy, industrial development and tourism — to tap into vast investment opportunities in the neighbouring country. Panitarn Pavarolavidya, chairman of Thai-Myanmar Business Council, said the council’s first meeting ...

Russian and Chinese tourist arrivals to Phuket are expected to rebound this year thanks to improving tourism sentiment, says hospitality market researcher and consultant C9 Hotelworks Co. Managing director Bill Barnett said Russian tourists are starting to return to a normal level while Chinese travellers are ...

The government’s “Thailand 4.0” development drive is seen as providing a potential windfall for Phnom Penh Special Economic Zone Plc, whose industrial-estate operators hope manufacturers from Thailand and other countries with production at the Industry 1.0 or Industry 2.0 stage will shift their operations to ...

Myanmar’s democractic government has laid down a people-centered foreign policy which it will play pro-actively role in the region and international affairs. The Association of Southeast Asian Nations marks 50th anniversary this year after it was established on 8 August 1967 in Bangkok, Thailand. The founding ...

Xekong provincial authorities were told to translate the government’s measures, outlined to boost 2017 socio-economic development, into the province’s planning and projects to drive local growth and improve people’s livelihoods. Deputy Prime Minister Dr Sonexay Siphandone, during his working trip to the province last week, ...

Thailand’s plan to sell all its rice reserves of about eight million tonnes this year has sparked concerns that this move will undermine Việt Nam’s rice exports. Nguyễn Văn Đôn, director of Tiền Giang-based Việt Hưng Co Ltd, said rice exports were positive last month, ...

Thailand’s strategy to stay neutral in world politics might prove more difficult as competition between global powers grows stronger, international relations expert Panitan Wattanayagorn said on February 8. The Indo-Pacific region, covering the area from the Middle East to the East Asia, has been targeted ...

Party General Secretary Nguyễn Phú Trọng has urged the northern province of Nam Định to attract more investment in industry, agriculture and services. During a working session with Nam Định’s key authority officials in the province on February 8, he hailed the province’s strategic position ...

The business communities of Myanmar and Thailand have been encouraged to foster economic cooperation by Thai Deputy Prime Minister Somkid Jatusripitak’s high-level business delegation. last Friday delivered a speech at the Thai-Myanmar Business Cooperation Forum, which gathered hundreds of business people from both countries. There, he assured ...

Diebold Nixdorf, a leading US tech firm with a presence in more than 130 countries, announced the opening of its office in Myanmar’s commercial hub. Neil Emerson, the firm’s senior vice president and managing director for Asia Pacific, said that its customers’ positive feedback and satisfaction ...