Economy and commerce

A new Myanma Railways passenger carriage factory built with Chinese help is expected to be up and running by the end of the next financial year, according to the factory’s general manager. The new Myit Nge factory is being built on a 27-acre plot some ...

Kasikornbank is adjusting its back-office processes and training branch employees to better explain and sell insurance products to middle-income earners. Kattiya Indaravijaya, president of KBank, said that the Office of Insurance Commission wants banks to educate customers about insurance products that are not deposit products. ...

As only 0.5 per cent of the population has access to electronic payments so far, Visa Inc, the global payments firm, sees a lot of room for improvement in Myanmar. Arturo Planell, Visa country manager for Myanmar, said at a press conference last week that ...

Prime Minister Nguyễn Xuân Phúc has underscored the need to create an equal and transparent climate in order to facilitate the operation of small-and medium-sized enterprises. ​​Speaking at the third national congress of the Vietnam Association of SMEs (VINASME) in Hà Nội on December 3, ...

With US president-elect Donald Trump threatening to build a wall on the Mexican border and force Asian allies to increase defence spending, Beijing is busy luring countries across the eastern hemisphere into its orbit. President Xi Jinping, who is consolidating his power at home, is ...

Rice shipments out of Thailand are expected to fare better than the government’s target of 10 million tonnes because of price competitiveness and recovering exports of hom mali fragrant rice, shippers say. Even so, that amount would be insufficient to retake the title of world’s ...

The region’s transportation network stands to get an investment boost after the The 21st Greater Mekong Subregion Ministerial Conference decided on a new investment plan on December 1. Six ministers from GMS countries — China, Laos, Vietnam, Cambodia, Thailand and Myanmar — endorsed an additional ...

Many households in northern Quảng Ninh Province’s Hoành Bồ District have been forced to live with smoke and cement dust discharged from Hạ Long Cement Factory for years. This has seriously affected the lives of local residents and their cultivation activities. In the meantime, local ...

Ascend Money Co, a digital financial services venture between Charoen Pokphand Group and Ant Financial, is poised to embark on a $100 million expansion next year into Southeast Asia. The Bangkok-based firm, which operates payments and online lending platforms, will expand its network of sales ...

Thailand will at some point receive a “green card” from the European Union for its efforts to combat illegal, unreported and unregulated fishing, once the EU realises the real progress the government is making in this regard, according to Steve Trent, executive director of the Environmental ...