Economy and commerce
Trade
Trat SEZ pinned as border hub
Thailand’s much-touted Eastern Economic Corridor (EEC) and a new special economic zone (SEZ) in Trat province are expected to become instrumental in bolstering trade not only to Thailand but also to Cambodia and Vietnam, business leaders from the two countries said at a cross-border trade ...
Laos, United States parties strengthen cooperation, relations
Laos and the United States are moving forward in implementing the Joint Declaration on Comprehensive Partnership, signed by leaders last year. To fulfil this move, a delegation from the International Republican Institute (IRI) and the National Democratic Institute (NDI) are v isiting Laos on July ...
Illegal imports investigated, PM outlines urgent efforts for August
Prime Minister Thongloun Sisoulith has told the cabinet to intensify efforts to counter the illegal import of more than 5,000 vehicles into Laos. The premier issued the directive at the government’s two-day monthly meeting for July that closed in Vientiane on Tuesday. It was previously ...
Myanmar to receive revenues from China-Myanmar crude oil pipeline
Myanmar will gain financially from the China-Myanmar crude oil pipeline, which began operations in early April after the two countries signed an agreement for the transport of crude oil, said officials. The crude oil transport agreement was signed on April 10 in Beijing during president U ...
Indonesia seeks to boost palm oil, paper trade
Việt Nam’s import of palm oil and paper from Indonesia could experience a year-on-year increase of 38 per cent, Indonesian ambassador to Việt Nam Ibnu Hadi said on Wednesday.Keep reading ...
Ministry to lift ban on livestock export
The government has signalled its latest measure to boost the country’s agriculture and husbandry industries by offering loans to farms and lifting the ban on livestock export, according to the Ministry of Planning and Finance. At a meeting with Vice President U Myint Swe and businessmen ...
Deep-sea port needed for delta region to boost logistics
Developing a deep-sea port at the delta region, reforming the customs valuation process and increasing customs’ operating hours are policy recommendations endorsed by an advocacy group. The recommendations are published in the position paper released by the European Chamber of Commerce Myanmar (EuroCham) in June as ...
Asia growth outlook brightens on strong exports - ADB
The Asian Development Bank raised its 2017 and 2018 growth forecasts for the region, reflecting rising exports as manufacturers of smartphones to cars to other consumer goods benefited from improving global demand. Developing Asia – made up of 45 countries in the Asia-Pacific region – is ...
Sugar traders ordered to balance inventory amid glut
Banned sugar re-exporters must balance their inventories by month-end, according to a letter from the Directorate of Trade, one sugar trader told The Myanmar Times. The order comes amid an oversupply of sugar in Myanmar and collapse in the price of sugar bound for China, from ...
RoK, VN eye energy partnerships
A delegation of executives from 17 energy start-ups nurtured by the Korea Electric Power Corporation (Kepco) met with their Vietnamese counterparts in HCM City yesterday (July 17) to explore business opportunities.Keep reading ...