Economy and industry

Building owners in Mandalay will soon face hefty fines that may exceed the value of the buildings if the structures are built without permits or if they flout regulations, warned the Mandalay City Development Committee. From April 1, fines will be increased 75 percent for ...

Deputy Prime Minister Trương Hòa Bình on Saturday ordered urgent measures to increase safety at railway crossings. His order came in the wake of a sharp spike in the number and scale of railway accidents during the Tết (Lunar New Year) holiday. Deputy PM Bình, ...

On December 12 the Thai-owned Fraser and Neave completed the purchase of 5.4 per cent of the Vietnamese dairy giant Vinamilk for almost $500 million. Each of F&N’s subsidiaries – F&N Bev Manufacturing and F&N Dairy Investments – bought 2.7 per cent at the starting price ...

Vietnamese like to get together and whenever they do there is beer on the table. This may explain the interest in the equitizations of the country’s two biggest beer producers. The Saigon Beer Alcohol and Beverage Corp. (Sabeco) in the south and the Hanoi Beer Alcohol ...

Authorities are set to take action to address illegal and unsafe information and communication technology devices after learning that substandard products have been imported illegally, creating safety concerns. Minister of Posts and Telecommunications Dr Thansamay Kommasith recently issued a Ministerial Decision warning traders to comply ...

Cambodia and Myanmar have agreed to strengthen ties by focusing on both nations’ tourism and education sectors, but stopped short of discussing the latter’s widespread abuse and persecution of the Rohingya minority. In a meeting between Prime Minister Hun Sen and Myanmar’s President U Htin Kyaw, ...

Some 800,000 foreign tourists last year came to Thailand with the specific purpose of visiting villages, natural sites, communities, and hilltribes across the Kingdom, while more than 2 million Thai tourists also pursued these interests. They mingled well with like-minded travellers who cherished the “ecotourism” ...

ANZ Royal Bank has been authorised to facilitate payments owed to the General Department of Taxation (GDT) through its corporate tax payment service, a company release on Friday stated. The service will expand on the bank’s capability to deliver secure digital transactions and will be ...

Borikhamxay provincial authority last week opened a new water treatment plant in Thong village, Pakxan district. The plant supplies 1,000m3 of drinking water per day, equivalent to the needs of 6,600 people, with the water sourced from the Nam Ngiep River. The plant was built ...

In coordination with Thai officials, Cambodia’s Labor Ministry has set up a new process to help migrant workers in Thailand receive passports, travel cards or Overseas Cambodian Worker Cards. For many Cambodians it will end a gray area in which they have been issued with what ...