Economy and industry

No violations of timber ban, forestry sector reports

There have been no violations of the ban on timber exports to foreign countries from the provinces after the Prime Minister issued the order almost nine months ago, according to the Ministry of Agriculture and Forestry. Deputy Minister of Agriculture and Forestry, Mr Thongphath Vongmany ...

LANIC launches full domain management

The Lao National Internet Centre under the auspices of the Ministry of Posts and Telecommunications officially launched full management and operation of Laos’ internet top-level domain name, dot la (.la) on January 23. Laos’ internet top-level domain name dot.la (based on its country code) was ...

Uber and licensed cabs to replace Yangon taxi turmoil

Now that the new Yangon Bus Service is underway, the regional government is turning its attention to the city’s taxis, and is hoping to have a system of licensed cabs to run side-by-side with Uber drivers, according to chief minister U Phyo Min Thein. The Yangon ...

ASEAN energy cooperation: the only way to prevent ‘lights out’ in the region

The countries comprising Southeast Asia have witnessed steady economic growth and improving living standards since the Asian Financial Crisis. Having weathered the global fiscal and financial crisis better than most other parts of the world, Southeast Asia has become the third-fastest growing region in the ...

Passenger numbers rise 8.5% at airports

Passenger traffic to Cambodia’s three international airports continued to grow last year, with total arrivals and departures topping 7 million for the first time, according to the operator’s annual report. Khek Norinda, communication director for Cambodia Airports, the company that holds the concession to manage ...

Mechanized farming on the rise

The use of agricultural machinery in Cambodia has risen noticeably compared with last year, said the Agriculture Ministry. A ministry report released last week showed that the use of agriculture machinery rose to about 91 percent in 2016, compared with 83 percent in 2015, while ...

Trade officers prepare for Trump era

Amid concern over the impact on Thailand’s export growth of so-called “Trumponomics” under the new US president and the United Kingdom’s Brexit vote, Thai trade officers from 63 posts in 47 countries will attend a meeting in Bangkok on February 22 that has been called ...

SEC not worried about impact of B/E defaults

The securities watchdog has said it is not worried about defaults involving millions of baht worth of bills of exchange, saying the exposure is very low compared to the total bond market. The Securities and Exchange Commission, however, has taken prompt action to mitigate nervousness ...

MCOT’s plea to import equipment raises doubts

MCOT recently asked the National Broadcasting and Telecommunications Commission for permission to import equipment that it will use in cooperation with True Corp and Advanced Info Service to operate wireless services on its portion of the 2.6 gigahertz spectrum. But a telecom analyst was doubtful ...

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