Economy and industry

Thailand’s economic growth slowed in the second quarter as improving government spending and tourism failed to counter weak local demand and exports, with the outlook clouded by drought and the yuan’s devaluation. Gross domestic product gained 2.8 percent in the three months through June from a ...

Salaries in Thailand are expected to go up by 5.9 per cent in 2015, according to global consulting firm Mercer in its recently released annual labour market research. Keep reading   ...

Vietnam saw a trade deficit of over three billion U.S. dollars with China in July, bringing the figure in the first seven months of 2015 to hit some 19.3 billion U.S. dollars, said Vietnam Customs on 17 August.   Keep reading ...

People in Vietnam hope Thailand will reconsider its plan to divert water from the Mekong, because it would seriously affect their ability to produce food. The Mekong Delta is Vietnam’s most important agricultural area. Each year, the area produces the most rice and fruit in the country. This region ...

Two Vietnamese companies have inked a deal for a joint venture rock salt mining project in Khammuan province, Laos, with an engineering, procurement and construction contract signed in Hanoi, Vietnam, on 14 August. Vietnam Chemical Group and Vietnam Lao Chemical and Rock Salt Limited Company signed ...

The property market in Greater Bangkok is expected to remain in good shape, with SET-listed Pruksa Real Estate Plc revising up its growth forecast to 15% growth this year from 10% projected in May.  Keep reading ...

Authorities in the southern province of Kien Giang are seeking the government’s permission to allocate more than 2,000 hectares of farm and forest land in Phu Quoc for tourism projects. Keep reading ...

Myanmar halted rice shipments after floods over the past month inundated farmland, raising the specter of supply disruptions in the sixth-biggest exporter. The Myanmar Rice Federation voluntarily suspended exports to prevent an increase in prices after more than 200,000 acres (about 81,000 hectares) of paddy fields ...

Vietnam’s Ministry of Industry and Trade has issued Decision 8266 approving a detailed design for the competitive electricity wholesale market. Keep reading ...

A South Korean syndicate has proposed to build a major waste treatment plant to solve an urgent demand in the Mekong Delta where thousands of tons of waste are being discharged every day.   The proposal was made by three companies in a meeting with local officials ...