Economy and commerce
Trade
Commerce OK with using Article 44 to speed up patent approvals
The Commerce Ministry supports use of the military-led regime’s sweeping powers under Article 44 of the interim charter to streamline patent applications, partly by taking into consideration the judgement of foreign authorities to approve similar patents. Commerce Minister Apiradi Tantraporn said more than 36,000 patent ...
Australia to reshape foreign policy, trade
Australia will call home all of its overseas ambassadors for a meeting, Foreign Minister Julie Bishop said on March 2, as it reshapes its foreign policy to balance ties with long-time ally the United States and China, its largest trading partner. It is the first ...
Railway families given deadline
Nearly 100 families affected by a railway land dispute have been given a 30-day ultimatum to accept compensation or lose it. The demand came from an inter-ministerial committee set up to resolve the cases of three families in Banteay Meanchey province and 94 families in ...
Myanmar fishery export income set to double
Though Myanmar’s fishery export income took a dive for three straight years until 2015, industry players hold high hopes to rebound, given the slight increase last year and the potential continuation of growth this fiscal year ending on March 31. In FY2011-12, Myanmar could generate ...
As global food demand rises, climate change is hitting staple crops
While increases in population and wealth will lift global demand for food by up to 70 percent by 2050, agriculture is already feeling the effects of climate change. This is expected to continue in coming decades. Scientists and farmers will need to act on multiple fronts ...
The steps toward 2025’s logistics transformation
Vietnam has unveiled a new plan to transform the country into a regional logistics hub by 2025. The new plan draws attention to the importance of logistics in Vietnam’s positioning as an international trade hub Prime Minister Nguyen Xuan Phuc recently sanctioned the action plan to enhance ...
JWD pushes for big investment return
Logistics company JWD InfoLogistics says it has adopted a business plan to increase revenues from its recent investments in ASEAN markets, such as in warehouses in Laos, Myanmar and Cambodia. The plan for 2017 aims for a minimum seven percent revenue growth. Recent investments in ...
Cultivation of cassava still firmly rooted
Cambodian farmers continue to expand cassava cultivation despite falling commercial prices for the crop and low international trade volumes, new data from the Ministry of Agriculture show. The total area of cassava cultivation grew 34 percent last year, with the starchy tuber planted on 771,000 ...
Independent centre reports on nation’s natural resources
The Ethnic Nationalities Affairs Centre (ENAC) (Union of Burma), has released a report recommending greater government emphasis on the possession, management, share of revenues and impact of the country’s natural resources during the second 21st Panglong Conference. “After the 21st Panglong Conference is concluded, there will ...
Trade pacts urged to ease impact from protectionism
Thailand should work towards a swift finalisation of the Regional Comprehensive Economic Partnership to offset the prospect of protectionism in global trade, the University of the Thai Chamber of Commerce says. With the policies of President Donald Trump’s administration in the United States seen likely to ...
