Economy and commerce

The Thai Government should change its mindset about offering help only to small and medium-size firms expanding overseas and extend it to larger companies, said Thiraphong Chansiri, president and chief executive of Thai Union Group. Thiraphong added that a new challenge for companies branching out internationally was ...

The Cambodian government is reviewing a draft sub-decree that would see the creation of a one-stop shop to handle small- and medium-enterprise (SME) registration aimed at encouraging more of them to join the formal sector and improving the quality of state support, an official said ...

Disbursement of foreign direct investment (FDI) in Vietnam reached an estimated US$13.2 billion from the beginning of 2015 until 20 November, up 17.9 per cent against 2014. Data from the General Statistics Office showed that the country attracted $20.22 billion worth of FDI during the reviewed ...

Exports of Vietnamese agricultural, forestry and fishery products would be aided by the Trans Pacific Partnership (TPP) agreement and the enactment of the ASEAN Economic Community. According to experts speaking at a seminar on the impact of free trade agreements on Vietnam’s agricultural sector, the TPP ...

Two major foreign-invested gold mining companies in the central province of Quang Nam will not be allowed to resume exports until they pay VND387 billion (US$16.93 million) in back taxes, a government spokesman confirmed at a press conference on 27 November.   Nguyen Van Nen was responding ...

As Southeast Asia’s energy demands grow, Laos is banking on increased electricity exports to shore up its economy. The tiny country, which has a population of just under 7 million, has been opening a string of large-scale hydropower stations that will boost its total generation ...

Thai policymakers plan to purchase an additional power from two hydroelectric plants in Laos with a combined  capacity of 1,318 megawatts, according to the Energy Policy and Planning Office (Eppo). They are the Nam Thuen 1 and Pak Beng hydropower project. Director-general Twarath Sutbutr said Eppo also ...

An anti-dumping measure is a trade regulation many countries use to prevent local industries from being hurt by cheap imported goods that are “dumped” on the market. Thailand is a member of the World Trade Organization, which has adopted international free trade regulations including an anti-dumping mechanism. ...

Corruption is a major concern that must be tackled by the government if it wants to attract foreign investment to Thailand, according to a report by the Joint Foreign Chambers of Commerce in Thailand (JFCCT). The report, in which foreign investors expressed their views and concerns about ...

Twenty leading businessmen will meet Prime Minister Prayut Chan-o-cha on 3 December on ways to help make the government’s economic stimulus package, known as Pracha Rat, a success. Keep reading ...