Economy and commerce

Bangladesh is rushing to push forward a draft proposal to form a joint trade commission with Cambodia that is expected to be signed this year, an official from Cambodia’s Commerce Ministry said on February 12. Soeng Sophary, spokesperson for the Ministry of Commerce, said that ...

Thai businesses are ramping up ties with their Myanmar counterparts in five main areas — agriculture, border trade, energy, industrial development and tourism — to tap into vast investment opportunities in the neighbouring country. Panitarn Pavarolavidya, chairman of Thai-Myanmar Business Council, said the council’s first meeting ...

Russian and Chinese tourist arrivals to Phuket are expected to rebound this year thanks to improving tourism sentiment, says hospitality market researcher and consultant C9 Hotelworks Co. Managing director Bill Barnett said Russian tourists are starting to return to a normal level while Chinese travellers are ...

The government’s “Thailand 4.0” development drive is seen as providing a potential windfall for Phnom Penh Special Economic Zone Plc, whose industrial-estate operators hope manufacturers from Thailand and other countries with production at the Industry 1.0 or Industry 2.0 stage will shift their operations to ...

Myanmar’s democractic government has laid down a people-centered foreign policy which it will play pro-actively role in the region and international affairs. The Association of Southeast Asian Nations marks 50th anniversary this year after it was established on 8 August 1967 in Bangkok, Thailand. The founding ...

Xekong provincial authorities were told to translate the government’s measures, outlined to boost 2017 socio-economic development, into the province’s planning and projects to drive local growth and improve people’s livelihoods. Deputy Prime Minister Dr Sonexay Siphandone, during his working trip to the province last week, ...

Laos will continue to be active in improving its regulations and work plan to adapt to the World Trade Organisation rules after the country became a member in 2013. Despite Laos’ membership status, there are still many issues which need to be improved in order ...

Thailand’s plan to sell all its rice reserves of about eight million tonnes this year has sparked concerns that this move will undermine Việt Nam’s rice exports. Nguyễn Văn Đôn, director of Tiền Giang-based Việt Hưng Co Ltd, said rice exports were positive last month, ...

Thailand’s strategy to stay neutral in world politics might prove more difficult as competition between global powers grows stronger, international relations expert Panitan Wattanayagorn said on February 8. The Indo-Pacific region, covering the area from the Middle East to the East Asia, has been targeted ...

Party General Secretary Nguyễn Phú Trọng has urged the northern province of Nam Định to attract more investment in industry, agriculture and services. During a working session with Nam Định’s key authority officials in the province on February 8, he hailed the province’s strategic position ...