Economy and commerce
Investment
Ministry to push quality control
The Ministry of Industry and Handicrafts has started a laboratory and a department to check on the quality and safety of local products to be exported, state news agency AKP reported on April 5. Phouk Sovannarith, a secretary of state at the MIH, said in ...
Laos placed among the lowest contraception usage in Asia
Laos, Nepal and Myanmar are the countries which have the lowest number of contraceptive users in Asia, according to the latest United Nations’ figures. The figures from the UN’s Department of Economic and Social Affairs, compiled by ANN/DataLeads, show wide disparities in the use of ...
PM pushes for further success on back of ASEAN Summits
Prime Minister Thongloun Sisoulith has called on the government and businesses to convert the success of the ASEAN Summits hosted by Laos last year into productive outcomes, to maximise the benefits brought to the nation. Mr Thongloun made the comment at a ceremony held on ...
Cabinet approves investment in new Bang Pakong power plant
The Cabinet on April 4 gave its approval for the Electricity Generating Authority of Thailand (Egat) to go invest Bt33.94 billion to build a new power plant in Chachoengsao’s Bang Pakong district to ensure a stable and adequate power supply in Bangkok and its vicinity. Construction ...
PM not worried about Trump trade policies
Thailand should remain calm about new US trade policies, Prime Minister Prayut Chan-o-cha said on April 4, adding that he has assigned relevant ministries to study the issues. He also noted the 180 years of relations between the two countries. Also, Deputy Prime Minister Somkid Jatusripitak on ...
Smooth trade to put $2B exports in reach
Cambodia could expand its foreign trade by up to 16 percent, adding approximately $2 billion worth of exports, by complying with a new international trade protocol that aims to slice through the red tape that slows and complicates cross-border trade. US Ambassador William Heidt said ...
Japan outlines plan to increase river cargo
A Japanese expert has urged Cambodia to invest in improving transport on the Mekong River to boost the movement of cargo around the country. Kume Hidetoshi from the Japanese International Cooperation Center made the call during a presentation at the Japanese embassy on April 4. ...
CPF taking food to EU with WFGL
CPF Investment Ltd, a wholly owned subsidiary of Charoen Pokphand Foods Plc (CPF), has inked a share purchase agreement with Westbridge Food Group Ltd (WFGL) at a combined value of £60 million (2.6 billion baht) to expand CPF’s market in Europe. CPF chairman and chief executive ...
RStartups attract investment of $205mn in 2016
Some 50 Vietnamese startups received $205 million in investment capital last year, a 25 per cent decline compared to 2015, according to the latest report from the Topica Founder Institute, a startup accelerator program managed by Topica Edtech Group, a popular online education provider in ...
Tap water supplier in Eastern region expects strong demand from EEC
Universal Utilities Group, which supplies tap water in the Eastern region of Thailand, plans to invest an average of Bt200 million a year to develop water-treatment systems, especially in Chachoengsao, Rayong, and Chon Buri provinces, to serve expected strong demand from the Eastern Economic Corridor. ...