Economy and industry
Egat fires up coal plant plans
The Electricity Generating Authority of Thailand says it will launch a new environmental and health impact assessment for the planned coal-fired power plant in Krabi and an environmental impact assessment for its deep-sea port within three months. The studies will take two years to complete ...
ASEAN moving into RCEP
On March 14, experts welcomed recent moves by ASEAN members to agree to cut 90 percent of tariffs in the Regional Comprehensive Economic Partnership for between 5,000 to 6,000 kinds of products over the next 15 years, saying it would fully benefit Cambodia after the ...
Cautious banks to focus on lending quality
Credit growth in the first two months of 2017 rose 1.23 per cent year-on-year, but credit institutions remain cautious over business targets while focusing on lending quality. The growth seen in 2017 was higher than the 0.33 per cent growth rate noted in the first ...
IMF calls for growth through stimulus
The International Monetary Fund has recommended that Thai policymakers implement both fiscal and monetary stimuli in order to boost economic growth and steer inflation back to target. The recommendation was made during a visit to Bangkok for Article IV consultations. “The team recommends monetary policy ...
Feed mill to take bite out of growing import demand
Chip Mong Group is the latest conglomerate to invest into local production of animal feed, announcing this week that it will sink $60 million into building a large-scale feed mill and industrial piggery, a move that agricultural experts welcomed but said would still not be ...
Minister holds talks on union law
Union leaders on March 14 met Labor Minister Ith Samheng to discuss concerns about the Trade Union Law adopted in May last year. Pav Sina, the president of the Collective Union of Movement of Workers, told Khmer Times that Mr. Samheng agreed to hold the meeting to ...
Call for ban on Mekong dams
A group of 50 youth, community and civil society representatives from Cambodia, Laos, Myanmar and Thailand gathered to celebrate the International Day of Action for Rivers in Kratie province on March 14. They used the event in Sambo district to urge the government and the ...
Đà Nẵng tops competitive index
Đà Nẵng maintained its status as the most competitive locality in the country, topping the Provincial Competitiveness Index 2016 for the fourth consecutive year and seventh year at the top position since the rank was announced. The annual report, the 12th of is kind so ...
Vietnamese businesses worry about weak competitiveness
A survey found that only 32 percent of businesses have confidence in the competitiveness of their products, while others are worried about the increased presence of foreign goods. Chu Tien Dung, chair of the HCMC Business Association, said at the meeting between HCMC’s leaders and ...
Vietnam aims for safe, speedy railway
Nguyen Ngoc Dong, Vice Minister of Transport, speaks to Tien Phong (Vanguard) newspaper about his Ministry’s plan to develop a fast, yet safe railway service. Who is to blame for the rise in accidents at railroad crossing points in Viet Nam? I have to admit ...
