Economy and commerce

Southeast Asian stocks closed higher on 12 July as risk appetite improved after an overnight rally on Wall Street and as a new round of monetary easing from Japan raised expectations of more stimulus from global policy makers. In Japan, Prime Minister Shinzo Abe ordered a new ...

Viet Nam’s economic growth in 2016 will be affected by many factors. General Director of the Viet Nam Statistics Office, Nguyen Bich Lam, speaks to business news website BNEWS.  Social investment capital in the first six months of 2016 reached VND 618.2 trillion (US$27.71 billion), an ...

Banking industry insiders expressed concern on 11 July over a spike in the amount of delinquent debts reported by microfinance institutions across the Kingdom, which they attributed to farmers struggling to repay their loans after adverse weather conditions affected their crops. “Loans in the agricultural sector account ...

The intellectual Propert Depart-ment in Thailand has called for copyright holders and copyright-fee collectors to exempt small and medium-sized businesses from paying fees for playing music to customers and to send warning letters before taking legal action. After meeting with 19 copyright owners and 29 ...

Local industry experts responded on 10 July to a new report that warns the majority of Cambodia’s garment sector workers could lose their jobs in the coming two decades as automation and innovative technologies replace low-skilled labour and allow multinational producers to move their operations closer ...

Cambodian rice exports decreased nearly 6 per cent year-on-year during the first semester, reinforcing concerns about the future of the rice industry, the Kingdom’s most important agricultural sector. A report released on 7 July by the Secretariat of One Window Service for Rice Export showed Cambodia exported ...

The board of Investment feels convinced that Japanese investors have remained confident in Thailand and will continue to expand their investment here. BOI secretary-general Hirunya Suchinai made the remark on 7 July at the in “Bangkok Nikkei Forum”, co-organised by the BOI, Nikkei Inc and Nikkei ...

Mong Reththa, vice chairman of the board of directors at Mong Reththy Investment Cambodia Palm Oil, said the group subsidiary exported 13,000 tonnes of crude palm oil during the first six months of 2016, a 116 per cent increase compared to the same period one ...

In the last three years, Thai conglomerates have made significant acquisitions abroad, mostly in the Asia Pacific as well as in the US. In 2014, Thai firms invested almost $4 billion in other Asian countries, more than double the figure in previous years, according to ...

Vietnam’s consumer giant Masan Group Corporation is now shifting its focus to the meat sector that reportedly made up 46 percent of its revenue in 2015. The group’s subsidiary Masan Nutri-Science has bought the remaining 30 percent stake in animal feed company Anco, and increased its ...