Economy and industry

People in Tak province say nothing has been done about removing cadmium contamination from their water source, while the Appeals Court on 12 July upheld the Civil Court’s earlier ruling against zinc-mining companies on the leakage of toxins into the Mae Tao River Basin. The Southern ...

New powers have appeared in the home appliance & digital product market after merger and acquisition (M&A) deals, creating new alliances. Dang Chuong Linh from the Trade Institute commented that M&A activities have been developing rapidly in both the number and scale. A report showed that 525 ...

Southeast Asian stocks closed higher on 12 July as risk appetite improved after an overnight rally on Wall Street and as a new round of monetary easing from Japan raised expectations of more stimulus from global policy makers. In Japan, Prime Minister Shinzo Abe ordered a new ...

Viet Nam’s economic growth in 2016 will be affected by many factors. General Director of the Viet Nam Statistics Office, Nguyen Bich Lam, speaks to business news website BNEWS.  Social investment capital in the first six months of 2016 reached VND 618.2 trillion (US$27.71 billion), an ...

Banking industry insiders expressed concern on 11 July over a spike in the amount of delinquent debts reported by microfinance institutions across the Kingdom, which they attributed to farmers struggling to repay their loans after adverse weather conditions affected their crops. “Loans in the agricultural sector account ...

The intellectual Propert Depart-ment in Thailand has called for copyright holders and copyright-fee collectors to exempt small and medium-sized businesses from paying fees for playing music to customers and to send warning letters before taking legal action. After meeting with 19 copyright owners and 29 ...

The Ministry of Planning and Investment and the Japan International Cooperation Agency on 8 July signed a grant agreement for two aid projects for Human Resource Development Scholarships from 2016 to 2020 and Reconstruction of Bridges on National Road No. 9, worth about 2.836 billion yen. The ...

Local industry experts responded on 10 July to a new report that warns the majority of Cambodia’s garment sector workers could lose their jobs in the coming two decades as automation and innovative technologies replace low-skilled labour and allow multinational producers to move their operations closer ...

Cambodian rice exports decreased nearly 6 per cent year-on-year during the first semester, reinforcing concerns about the future of the rice industry, the Kingdom’s most important agricultural sector. A report released on 7 July by the Secretariat of One Window Service for Rice Export showed Cambodia exported ...

Ho Chi Minh City is asking for permission to build a new bridge and make it easier to travel to the neighboring industrial hub Dong Nai. In its proposal sent to the government, the city said a construction company plans to invest US$255.6 million on a ...