Economy and industry
Top brands boycott garment summit
Leading fashion brands including H&M and Zara will boycott a key industry conference in Bangladesh in support of garment workers who have been sacked, hunted or jailed for participating in wage strikes, the companies said on February 22. H&M, C&A, Tchibo and Inditex which owns ...
PM stresses land as focus for transport development
Prime Minister Thongloun Sisoulith has stressed for land to be the main focus of transportation development in the country, calling for careful decisions on every water and air transportation project. Mr Thongloun put this direction in his address at the annual meeting of the Public ...
Tax exemption offered to SMEs
A two-year income tax exemption is being offered to small and medium-sized enterprises that register with the Ministry of Economy and Finance before the end of 2018. According to a sub-decree published on February 22, the decision to offer a tax exemption for SMEs that are ...
Exploitation up, trafficking down
More cases of sexual exploitation were reported in 2016, a report from the Interior Ministry revealed on February 22. However, the number of human trafficking cases saw a reduction last year compared with 2015. In 2016, the ministry reported 52 cases of sexual exploitation involving 87 victims ...
Women flock to foreign work
The number of Cambodian women being sent to work abroad last year increased by 30 percent compared with 2015, a report said. However the report also noted that more than half of all the migrant workers who were rescued and repatriated last year were women. According ...
Profits soar at top petrochem companies
Thailand’s two major petrochemical companies have reported a surge in combined net profit for last year of 54.2 per cent from the prior year to Bt41.79 billion. Indorama Ventures posted net profit of Bt16.19 billion, a jump of 145 per cent year on year, while ...
Border SEZ bid conditions softened
The Treasury Department has set lenient conditions for the coming bidding to develop state lands in Mukdahan and Nong Khai provinces into special economic zones to draw bidders. The relaxed conditions include land development experience in wider fields, an extension of development proposal submissions, change ...
City airport granted expansion land
The Ministry of National Defence on February 21 handed over 21 hectares of land to the Ministry of Transport to expand the overloaded Tân Sơn Nhất airport, the largest airport in HCM City. The signing ceremony was attended by Senior Lieutenant General Trần Đơn, deputy minister of ...
Đà Nẵng, Japan to co-operate in seafood production, sewage treatment
The central city of Da nang, in co-operation with the Japanese International Co-operation Agency, will start building a seafood value chain in the city with a fund of 60 million Japanese yen (around VNĐ11 billion or US$528,000). The city’s secretariat said the project, which will ...
Shortages push up cashew price
The price of fresh cashews has jumped by about 30 percent over the price last year due to shortages of the nut and the fact that the harvest will not get into full swing until early next month. A lack of investment in technology to ...
