Economy and commerce
Investment
Top Myanmar retailer to launch e-wallet with Thai technology
As Myanmar has enjoyed a dramatic increase in the number of data users over the past three years, its leading retailer City Mart Holding Ltd plans to launch its first e-wallet service in mid-2017 with the support of T2P, a Thai FinTech company belonging to ...
Govt gives in to protesters’ demands to order new study of Krabi coal-fired plant
The government has accepted demands from protesters and ordered that the Environmental and Health Impact Assessment of the Krabi coal-fired power plant be restarted from the beginning. The move has concerned officials at the Electricity Generating Authority of Thailand, who voiced fears that the delay ...
Ministry needs to strive further in cooperation efforts
Despite the significant achievements which have been made in international cooperation, the Ministry of Information, Culture and Tourism needs to exert greater efforts in furthering its diplomatic endeavours. This was the call made at a meeting of the ministry held last Friday to review its ...
Cabinet approves power projects
The Cabinet of ministers approved on February 17 two electricity development projects in a bid to address the increasing demand for electricity in the kingdom. The two projects will be a 230-kilowatt transit grid development project from the Ta Tei dam in Koh Kong province as well ...
FTI backs Krabi coal-fired plant
The Federation of Thai Industries has agreed with the plan to develop a coal-fired power plant in Krabi, saying the delay or cancellation of the project would lead to insufficient power supply that could cut the gross regional product in the South by at least 1%. Energy ...
Coal-fired power plant decision due Friday
The battle to stop the coal-fired power plant in Krabi is about to erupt again as the Energy Policy and Planning Committee meets Friday to decide the fate of the project. Project opponents who have organised under the Network for Saving the Andaman plan to ...
Infrastructure boosts Đồng Nai properties
The property market is booming in the southern province of Đồng Nai of thanks to its excellent infrastructure. The local Department of Construction said 250 property projects were developed recently, 15 by foreign investors and involving a minimum investment of US$10 million. Some that had ...
Rice-clearing auction draws big crowd
Sixty-six rice traders participated in the government’s auction of 2.86 million tonnes of rice on February 16, showing high market demand for the last lot of rice suitable for consumption from the government’s stocks. Duangporn Rodphaya, director-general of the Commerce Ministry’s Foreign Trade Department, said ...
‘Industry 4.0’ Thailand’s path to prosperity, seminar hears
The fourth Industrial Revolution offers vast opportunities for businesses and Thais can reap its benefits to become richer than Singaporeans within a decade, Dhanin Chearavanont, chairman and chief executive officer of Charoen Pokphand Group, said on February 15. “In 10 years, Thais will be getting richer. ...
Letpadaung copper project to bring in US$20m
The Letpadaung Copper Project, which is a joint venture between the Wanbao Mining Company from China, Myanmar Economic Holdings Limited and the Myanmar Government is expected to generate about US$20 million in its first 10 months for the State, said U Ohn Win, Union Minister ...
