Economy and commerce
BoT eases up on forex regulations
The Bank of Thailand on June 5 loosened a set of foreign exchange regulations, including allowing Thais to invest directly in securities abroad at an amount of up to $1 million a year, in a fresh bid to accommodate capital outflows, curb the appreciating baht (which ...
Enterprises urged to pursue sustainable development goals
Government officials urged businesses to achieve sustainable development goals and come up with practical plans at a seminar about environmental protection held on June 5 in Vũng Tàu City. Hosted by the Ministry of Natural Resources and Environment and the Việt Nam Chamber of Commerce and ...
Western policies may slow growth
Long-term growth prospects for developing economies, including Cambodia, will continue to be undermined by a lack of investment as well as the risk of increased protectionist policies by the United States, which could hamper the growth of commodity-driven economies, according to a new report released ...
Abe's belt and road pivot signals push to improve bilateral ties
Prime Minister Shinzo Abe’s conditional support for China’s Belt and Road infrastructure plan tells Beijing that Tokyo is ready to work toward warmer bilateral ties as the future of Asian security grows more uncertain. Abe praised the initiative’s “potential to connect East and West” in ...
Animal farms in Southeast Asia fuel an illegal trade in rare wildlife
The tiger paced back and forth in its cage, groaning mournfully. A second big cat slept soundly in the corner, while a third stared blankly at the bars. Next to this cage was another containing three more tigers, and after that three more cages: a ...
Financing sustainable agriculture possible, if terms fit farmers’ needs
Much of the deforestation in the world’s tropical rainforests comes so that we humans have enough to eat. But sustainable agricultural practices exist that help farmers coax more corn and soybeans, coffee and cacao, and a host of other products from the soil, without having ...
Hòa Phát to issue over 250 million shares
Steelmaker Hòa Phát Group (HPG) plans to issue over 250 million shares to raise capital for investment in the second phase of Hoà Phát Dung Quất iron and steel production complex. HPG will sell those shares at a price of VNĐ20,000 (US$0.8) per share, expecting ...
Rice farmers encouraged to plant maize after harvests
Low-land rice farmers will be encouraged to plant maize after rice harvests in an attempt to reduce high-land forest encroachment to clear land for maize cultivation. Agriculture Minister Chatchai Sarikalya said on Monday that, from his discussion with representatives of the animal feed manufacturers’ association, ...
Private sector urged to get involved with infrastructure development
Infrastructure development under the Build-Operate-Transfer (BOT) model is taking shape in Laos as the government requires huge capital investment to improve road networks and other facilities. Lao economists have supported the initiative, saying that with the government’s limited funding, it’s critical to encourage the involvement ...
Canada beats U.S. in pork sales to China - feet, elbows and all
Canada has overtaken the United States as the top North American supplier of pork to China as farmers and meat packers in both nations battle for lucrative shares of the biggest global market. Canada’s pork sales to China, after a sharp rise last year, exceeded ...
