Economy and industry

The Bank of Thailand’s Monetary Policy Committee revised up its forecast for this year’s economic growth to 3.4 per cent based on a further recovery of merchandise exports, while leaving the benchmark interest rate unchanged at 1.50 per cent at its meeting on March 29. Jaturong ...

The Ministry of Foreign Affairs yesterday hosted the 14th ASEAN-Russia Senior Officials’ Meeting in Vientiane to review the progress made in the countries’ cooperation. The meeting was co-chaired by Deputy Minister of Foreign Affairs, Mr Thongphane Savanphet, who is also Laos’ ASEAN SOM Leader, and ...

Authorities in Khong district, Champassak province, are confident that a new tourist attraction will help to draw more visitors and generate income for public and private investors. Now a riverside beach in the district’s Don Than village is becoming the latest tourist destination in the ...

The transport of goods by railway could cut costs by 30 to 50 percent of the current charges for road transportation, a senior government official has said. Deputy Director General of the Lao Railway Department, Mr Sonesack N. Nhansana, told Vientiane Times on March 28 that ...

The central city plans to petition the Prime Minister for adjustments to the Sơn Trà Master Plan in order to better protect the eponymous nature reserve. Đà Nẵng Deputy Chairman Nguyễn Ngọc Tuấn also said at a press conference on Monday that the city will ...

The slow growth of the agricultural sector starting in 2015, shortcomings of small-scale production, poor quality and productivity amid fiercer global competition are threatening the sustainability of farming in Việt Nam and demanding institutional and mechanism changes. These concerns were shared among participants of the ...

The 38th running of the annual Bangkok International Motor Show kicks off today at Impact Muang Thong Thani with automakers crossing their fingers for the market to continue growing after finishing last year with a slight shrinkage. Altogether 768,788 vehicles were sold in the domestic ...

E-commerce giant Alibaba Group is still investing in Thailand, planning to set up a regional electronic-trade centre and logistics system here to link Cambodia, Laos, Myanmar and Vietnam markets, Industry Minister Uttama Savanayana said. In response to China’s biggest e-commerce company also setting its foothold ...

Despite a ban on the export of timber to Vietnam and the creation of a much-publicised anti-logging task force, Cambodia last year still exported nearly $33 million dollars’ worth of unprocessed logs to its eastern neighbour, a volume more than double that of 2015, according ...

Cambodia will host the 20th ASEAN-China meeting aimed at boosting further discussions on the Declaration on the Conduct of Parties in the South China Sea which could lead to finalizing the framework of the Code of Conduct. The two-day meeting of the joint working group on ...