Economy and commerce

Soros fund management to assist Myanmar in budget drawing process

The Soros Fund Management will render technical assistance to Myanmar for its budget drawing process and taxing, Myanmar News Agency reported on January 12. The assistance was discussed when Myanmar State Counselor Aung San Suu Kyi met with the Soros Fund Management delegation led by ...

Policymakers to decide Krabi plant fate

Energy policymakers will make a final decision on Feb 17 about whether the government will proceed with a plan to build a coal-fired power plant in the southern city of Krabi, says the Electricity Generating Authority of Thailand. Egat governor Kornrasit Pakchotanon said the National ...

Tanintharyi tourism committee to draft master plan

A Tanintharyi development committee, operating under the tourism ministry and chaired by local tycoon Serge Pun, is drawing up a master plan for sustainable tourism in the region. Tanintharyi boasts the Myeik archipelago, a cluster of more than 800 largely untouched islands that hold huge ...

Crisis relief measures hammered out

The government has teamed up with construction material and consumer product companies to offer special discounts to flood victims in the southern provinces. Wiboonlasana Ruamraksa, permanent secretary for commerce, said the traders agreed to the discounts following talks with the Commerce Ministry. The reductions will ...

Japanese SMEs head to Thailand under joint initiative

More than 700 Japanese companies under a Thailand-Japan joint effort to promote small and medium-sized enterprises have started real investment in Thailand this year, says Nangnoi Wetayapong, director of the Bureau of Strategies Management under the Department of Industrial Promotion. The initiative is part of ...

Laos, Cambodia open first official international border crossing

The Nongnokheane-Trapeang Kriel border has become the first official international border checkpoint between Laos and Cambodia after being recognised as a local crossing point for almost 30 years. Prime Minister Thongloun Sisoulith and his Cambodian counterpart Hun Sen officially opened the Nongnokheane-Trapeang Kriel international border ...

Savings spare women from labor in Myanmar

Ma Nwe places a rock the size of a baseball at her feet, then tightens the string holding her bamboo hat in place. “I can’t risk it falling off,” she explained, squinting in the sun. “It’s only going to get hotter as the day goes ...

Gov’t highlights untapped potential of Mekong Delta

Deputy Prime Minister Vương Đình Huệ has instructed ministries and local governments in the Cửu Long (Mekong) Delta to prioritise investment in transportation and logistics services to help improve the region’s competitiveness. Speaking at a conference on logistics services held on January 9 in the ...

All state rice stocks to be disposed of this year

Prime Minister Prayut Chan-o-cha wants all existing state rice stocks to be disposed of within this year. Wiboonlasana Ruamraksa, permanent secretary for commerce, said Gen Prayut, who chaired the national rice policy committee’s meeting on January 9, has ordered officials handling state rice sales to ...

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