Economy and commerce
Investment
What happens when the soy and palm oil boom ends?
Over the past thirty years demand and production of oils crops like oil palm and soybeans has boomed across the tropics thanks to rising incomes, macroeconomic changes and government policies, and substitution effects. This rapid expansion has in some places taken a heavy toll on ...
New housing projects for Yangon
In addition to the New Yangon city project, which is going to start at the end of February in the Kyeemyindaing township on the other side of the Yangon river, work to upgrade old houses and construct new housing for squatters and government employees will ...
Index plans CLMV activity to spur growth
Index Creative Village Plc, the country’s largest event organiser, plans to expand further in Indochina to cash in on opportunities arising from strong economic growth in the region. This year will see an emphasis on consumer events such as concerts, trade shows and marketing campaigns ...
Export growth goal revised up to 5% on key supports
The Commerce Ministry has revised up its export-growth target for this year from 3 per cent to 5 per cent, saying many positive factors could support this including higher global oil prices. After meeting with Thai trade officials from 64 overseas posts and representatives from private-sector ...
Cluster model to entice SEZ investors
Kerry WorldBridge Logistics SEZ, which is developing a 63-hectare industrial park and free trade zone 17 kilometres south of the capital in Kandal province, has taken on a new partner to design and create an “industry and technology cluster” aimed at attracting non-garment manufacturing investment ...
Poipet SEZ to import power
A special economic zone in Poipet City has decided to import electricity from Thailand to ensure a reliable power supply as it expects the influx of more factories and investment. Poipet PPSEZ Co. Ltd. reached a memorandum of understanding with Thailand-based B.Grimm Power Public Company Limited ...
Thai firm to energise Poipet industrial park
Poipet PPSEZ Co Ltd, a wholly-owned subsidiary of Phnom Penh SEZ Plc and operator of the soon to be completed Poipet Special Economic Zone, signed a memorandum of understanding yesterday with a leading Thai energy provider to supply power to the 66-hectare industrial park. The ...
New era of big dam building on the Mekong?
More than 50 years have passed since Australian engineers from the Snowy Hydroelectric Authority did site studies for the huge Sambor Dam on the Mekong River in Cambodia, but the mega project is now back on the drawing board. The Cambodian Government has signalled it ...
East Asia’s agreement to keep the world economy open
What the Trump administration will ultimately do to the shape of the global trade regime is difficult to foretell but there’s no question that it will change it forever, even if there is strong global push-back against Trump’s threat to unravel trade agreements and carry ...
Fukushima peach exports recover in Southeast Asia, sparking hope for other produce
Fukushima peaches are making inroads into Southeast Asian markets in what prefectural officials see as a model case of recovery in its farm produce. Fukushima grabbed the top share of Japanese peach exports to three Southeast Asian countries last year — 73.9 percent in Thailand, ...