Economy and industry

B127bn earmarked for rice scheme

The government’s scheme to delay releasing 10 million tonnes of new rice supply to the market, aimed at propping up sinking prices, will use a combined 127 billion baht in loans and subsidies, says the chief of the Bank of Agriculture and Agricultural Cooperatives. Of ...

Fierce competition for plastics sector

Plastic firms in Việt Nam face fierce competition and risk being acquired by foreign companies, experts said on November 2 at a conference in HCM City. Phạm Văn Bắc, deputy head of the construction ministry’s department of building materials, said the plastic industry had the potential ...

Better aim for online marketing

Engaging online content and more targeted social media outreach are major keys for commercial success in Cambodia, whose youthful population has been identified as the world’s most receptive to social media advertising and content, a market researcher said on November 3. Eelco Dijkhuizen, general manager ...

University needs to raise standards: PM

The National University of Laos should set its sights on national development, especially in terms of the quality of the graduates it is producing, as they are fundamental to the nation’s progress. The university is only in the initial stages of its success. There is still ...

Saravan's stunning Kaengkou waterfall awaits visitors

Laos has abundant water resources that are among the main tourist attractions. But many of the country’s stunning waterfalls and cascades are unknown to visitors, including Kaengkou waterfall in Vapy district, Saravan province. This attractive landscape of flat rocks and large pools is one of ...

Singapore firm plans Thilawa galvanising plant

Amid booming demand for high-quality construction materials, Meranti Singapore is planning to build a steel galvanising plant and paintline in Thilawa special economic zone. The firm intends to spend US$85 million on the facility, and is in discussion with the SEZ operator and potential local ...

KrisEnergy ups stake to unclog offshore Block A oil

Singapore-listed KrisEnergy Ltd has upped its stake in the Block A offshore oil field to 95 percent, acquiring the shares of two minority stakeholders who had opposed the Cambodian government’s attempts to renegotiate a revenue-sharing model, the company revealed in its third-quarter filings. The document, ...

Brunei delegation eyes rice and paddy exports

A Delegation from Brunei Darussalam will visit Myanmar to discuss buying rice and paddy, according to agriculture ministry officials, as the government continues an urgent search for new export markets. The Brunei delegation will visit Myanmar later this month to discuss importing high-quality rice, paddy and ...

Tourism ministry seeks support from Alibaba

The Ministry of Tourism and Sports will hold talks with Alibaba Group on November 4 to seek support for tourism in this country and the possibility of using the group’s Alipay platform for an e-visa system. Tourism and Sports Minister Kobkarn Wattanavrangkul said that after meeting ...

Aquafarming tech will be key to satisfying a seafood-hungry Asia

Some 800 meters above sea level and more than 100km from the nearest ocean, thousands of red sea bream thrive in the mountains of central Japan. Despite being far from their usual habitat, the fish are growing at a healthy rate in their large round ...

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