Economy and industry
Cam Pha port handles over 33,000 tonnes of coal on first New Year day
Cam Pha port and logistics company, an affiliate of the Vietnam National Coal and Mineral Industries Group (Vinacomin), in the northern province of Quang Ninh loaded 33,000 tonnes of coal for two ships on 8 February, the first day of the Year of the Monkey. Keep ...
More talks between employers and employees needed
Thirty per cent of Vietnamese companies hold discussion sessions each month to air employees’ grievances, a survey by the Labour and Salary Department has found. The remainder of the 120 companies surveyed held discussions once a quarter or annually. Keep reading ...
TCC set to take on retail giants
TCC Group, owned by billionaire Charoen Sirivadhanabhakdi, will emerge as a leading retail chain in Thailand after buying a 58.56% stake in SET-listed Big C Supercenter Plc for 122 billion baht. The acquisition has fulfilled Mr Charoen’s dream of owning a retail distribution channel after failing ...
Analysts see Thai stock market advancing 11% this year
The Stock Exchange of Thailand index is forecast to gain 11% to 1,442 points this year, based on government infrastructure projects, says the Investment Analysts Association (IAA). The analysts forecast the index will peak at 1,501 points and hit a trough of 1,163, with 60.7% of analysts ...
Thai FDI soaring in nearby lands
Thailand’s outward foreign direct investment (FDI) is flourishing as investors large and small rev up international expansion in line with the government’s commitment to supporting such investment and helping companies secure cheaper raw materials. Keep reading ...
Armed Chinese threaten Lao banana workers
Armed Chinese guards are forcing Lao workers in the country’s northern Oudomxay province to labor in banana plantations contaminated with dangerous chemicals, local sources tell RFA’s Lao Service. A chief of the Nongbouadeang village in the province’s Houn district told RFA that 50 Lao workers in ...
Stimulus stuck in slow lane
Thai Deputy Prime Minister Somkid Jatusripitak’s appointment at the economic helm late last August was followed by rapid-fire launches of stimulus measures to revive the slowing economy. Measures worth more than 400 billion baht were announced but disbursement of the funds was slow, snagged by red tape. ...
Contracts signed to extend Bangkok-Chon Buri motorway
The Highways Department has signed contracts to extend the Bangkok-Chon Buri motorway to reach the Map Ta Phut industrial estates of Rayong within four years. Department representatives signed five of 13 contracts for the 31.2-kilometre-long extension project for Highway No.7 on 8 February. Keep reading ...
Put Don Sahong Dam on U.S.-ASEAN agenda, say campaigners
Civil society groups are calling for Laos’ Don Sahong hydropower dam project to be discussed when Southeast Asian leaders meet with U.S. President Barack Obama next week. Leaders of the 10 Association of Southeast Asian Nations member states will converge on the Sunnylands estate in California ...
Protesting Capitol bus drivers attacked
A bloody scuffle in Phnom Penh on 6 February left scores injured after protesting bus drivers and their supporters were brutally set upon by a rival association armed with sticks, metal bars and hammers. Police arrested two protesters – former Capitol bus driver Norn Van, and Cambodia ...
