Economy and commerce

As has been done for almost 80 years, Mexico last Saturday commemorated the so-called “Oil Expropriation Day”, a national holiday marking the nationalisation of the Mexican oil industry by the government of President Lazaro Cardenas in 1938. But this year’s celebration was particularly at odds with ...

The central city of Da Nang has suspended illegal construction of a coastal eco-tourism project in the Sơn Trà Nature Reserve, the city’s construction department said in a statement on March 19. ​The Biển Tiên Sa Joint-Stock company project has completed construction of 40 foundations ...

Many farmers in the southern provinces of Bình Thuận, Bình Phước and Bà Rịa – Vũng Tàu have been encountering difficulties due to a poor cashew crop caused by bad weather and plant diseases. Nguyễn Đình Chương, a farmer who has four hectares of cashew ...

Action will be taken against unscrupulous traders who market non-standard or low quality goods if the public report them to Yangon Region’s consumer dispute settlement body, said U Myint Cho, regional head of Department of Consumer Affairs. Urging the public to lodge complaints on non-standard ...

Lazada Group, a subsidiary of Chinese e-commerce giant Alibaba Group, plans to provide training to 30,000 local small and medium-sized enterprises this year to raise their online capabilities. The development has come after Alibaba signed a letter of intent with the government to help it move ...

The value of Thai food exports is projected to grow by 8% this year to reach US$26 billion thanks to more value-added food items and higher global demand. Malee Choklumlerd, director-general of the International Trade Promotion Department, said Thailand shipped about $24 billion worth of ...

An eco-tourism project in a remote area near the provincial capital is incorporating unusual style, sustainable design and an opportunity for tourists to connect with the country’s Buddhist traditions. With the midday sun beating down, Vandong Thorn walks towards the edge of a plateau. To ...

The government’s third annual River Festival in Steung Treng province next weekend will form part of a strategy to attract eco-tourism investment to provinces in the northeast of the country, officials have said. Kong Sophearak, director of the Statistics Department at the Ministry of Tourism, told ...

Pepper prices in the Kingdom’s largest pepper producing region have fallen over 30 percent in the last year due to growing international supply that is leading to higher competition in the market, an industry expert said on March 16. Hong San, president of the Dar-Memot ...

Consumer protection networks have called on the Food and Drug Administration to reveal information on products certified by the agency to help ensure the safety of consumers who buy them online. Sathaporn Arakwatana, a freelance researcher on consumer rights, said the FDA should disclose a ...