Investment

This year’s prolonged drought and saltwater intrusion in the Mekong Delta has destroyed more than 81,000 hectares of prime shrimp breeding areas in eight provinces, says the Ministry of Agriculture and Rural Development. Shrimp farmers in Ca Mau Province in the very south of the country, ...

International lawyers have welcomed Myanmar’s new investment law, saying it will create a better investment environment for both local and foreign investors once enforced. Jo Daniels, managing partner of Baker & McKenzie Myanmar, said at a media roundtable that the new law could be one ...

The representative of the United Nations Development Program has called on the Duterte administration to adopt the UN’s Sustainable Development Goals, saying it would help make a difference in poverty reduction and socioeconomic development. UNDP country manager Titon Mitra told reporters the Philippines would be able ...

Chile, one of the major trading nations in South America, has relied heavily on exports of minerals, mainly copper. As falling copper prices have taken a toll on the nation’s economy, it is shifting its focus to exports of agricultural, forestry and fishery products, as ...

Three years ago Chinese Premier Li Keqiang outlined a roadmap for a shared “diamond decade” in the relations between China and the Association of Southeast Asian Nations, and pledged to expand bilateral trade to $1 trillion and two-way investment by $150 billion by 2020. Given ...

Borneo, home to animals like orangutans, rhinos, elephants, and proboscis monkeys is also host to some of the fastest plantation expansion in the world. Now, a new study published on September 9 in Nature’s open access journal Scientific Reports examines how much of this expansion has been happening ...

The Asian Productivity Organization has called upon global economies to explore and adopt new business models to achieve Green Productivity and long-term business sustainability for a low-carbon future. The APO, having 20-memebr economies, including Bangladesh, made the call referring to the ‘Bangkok Outcome Document’ based on ...

Despite the strong economic growth of Cambodia, Laos, Myanmar and Vietnam, very few Thai companies have sought to capitalise on their economies, say government and industry officials. The Industry Ministry’s Department of Industry Promotion found only a few large enterprises such as PTT Plc, the ...

Authorities are preparing campaigns to educate the public and undertake other precautionary measures to curb fast-growing financial cybercrimes amid increasing digital transactions. Thailand now has more than 23 million digital banking accounts. Korkij Danchaivichit, deputy secretary-general of the National Broadcasting and Telecom Commission, said the agency will ...

A series of plants making fertilizer from domestic waste have been built in recent years with ODA capital.  And a lot of them, capitalized at tens or hundreds of billions of dong have been left idle. In late 2012, the Hai Duong fertilizer plant was put ...