Economy and commerce
Trade
APEC officials discuss possible free trade area for Asia-Pacific
Senior officials of APEC economies as well as experts and scholars have discussed the possibility of establishing a free trade area of the Asia-Pacific along with its potential impacts and difficulties facing the process. The workshop on realising FTAAP was held in Nha Trang, the south ...
Imported meat becoming more popular
A report from the Department of Livestock Production showed that in the first seven months of 2015, Vietnam imported 210,000 cows from Australia, which was even higher than the total import volume of the year before. In 2014, Vietnam imported 181,000 Australian cows, or 2.7 ...
‘Success story’ Thilawa SEZ set to launch its second phase
More than three years after the start of the Japan-backed Thilawa special economic zone, Myanmar launched the development of its second zone in the presence of dignitaries from both nations including Vice President Henry Van Thio. Set Aung, deputy governor of the Central Bank and ...
Govt orders further action to regulate timber industry, combat illegal logging
The government has entrusted a taskforce committee to take further action to strictly regulate wood processing businesses and clamp down on illegal logging after learning that issues continue to exist. The assignment was made after the cabinet was briefed at the government monthly meeting for ...
Battambang on course for growth
Battambang, the city at the epicentre of Cambodia’s agricultural heartland, has long struggled to reward its farmers with profits and compete in global markets. However, new logistics and economic development projects are driving a positive transformation that could see the city develop into a regional ...
Role of fisheries emphasised
A spate of reports by WorldFish, an international organisation that researches how fisheries can help reduce poverty and hunger, illustrates how the fishing industry supports the economic survival of many of the Kingdom’s inhabitants. The reports give an inside look at the role fisheries play ...
Gov’t gets heat for ivory decision
Cambodia, home to a number of large ivory busts in recent years, has rejected calls to destroy its stockpiles – the preferred method internationally for dealing with the seized contraband – with government officials saying they plan to exhibit it instead. Prime Minister Hun Sen ...
Anti-coal group issues deadline to halt EHIA
Authorities have until Monday to withdraw the environmental and health impact assessment studies for the controversial Krabi power plant project or brace for a major protest, a group opposing the project warns. Prasitthichai Nunual, key coordinator of Save the Andaman from Coal network, said the ...
Rice exporters rail against storage minimum
Delegates attending a seminar in HCM City on February 22 urged the Government to amend or revoke a decree on rice exports which they said impedes exports of the grain. After the 2008/9 food crisis, Decree 109 was adopted requiring rice exporters to have at least ...
BOT embraces big data, analytics for micro-financial activities
The Bank of Thailand is investing in big data and data analytics in an effort to deal with complicated transactions arising from consumers’ micro-financial activities in the digital age. In the digital age, technology has rapidly changed and it is affecting how businesses are run, posing ...