Economy and industry

Deal struck for migrant workers in Thailand

Thailand has agreed to relax enforcement against expired documents held by migrant Cambodians, which become invalid when they switch jobs without their previous employer’s written consent. The agreement was reached on 19 October during a meeting between Cambodia’s ambassador to Thailand and Thailand’s director general of the Department ...

Hanoi, Ho Chi Minh City seek to improve traffic management

The Hanoi Police Department will increase manpower along favoured routes to ensure traffic order and combat traffic congestion during rush hours, the director of the department said. In addition to the deployment of all traffic cops, about 200 mobile policemen will be stationed along traffic routes ...

Migrant workers fear impact of Mae Sot economic zone

The  development by the Thai government of a special economic zone at Mae Sot, which is intended to improve trade and communications between Thailand and Myanmar, could have devastating consequences for local inhabitants. Keep reading ...

Cambodia PM: Wage may be too high

After weeks of occasionally tumultuous negotiations saw 2016’s minimum wage for garment workers raised to $140 earlier this month, Prime Minister Hun Sen warned on 19 October that the new rate could cause factories to flee Cambodia, even though he was credited with personally intervening to ...

GH Bank's cheap loans a success

Potential mortgage borrowers lined up for the government’s 10 billion baht in cheap loans at all branches of state-owned GH Bank on 19 October, the first day of the scheme. Keep reading ...

China eyes $31bn of investments in Laos border economic zone

China is eyeing total investment of more than 200 billion yuan ($31.45 billion) in 240 projects in a pilot economic zone on the border with Laos, the government of the southwestern province of Yunnan said late on 19 October. Poor and remote, Laos has traditionally been ...

Savan Vegas casino hotel in Laos up for sale

Savan Vegas Hotel and Entertainment Complex, a casino hotel in Laos, is being offered for sale via a competitive bid process, according to a press release dated 19 October. Keep reading ...

Canada voices interest in rail project bids

Canada has expressed interest in investing in rail systems, both in Bangkok and upcountry. This makes Canada the latest country to be drawn to the country’s infrastructure development projects.  Keep reading ...

Developers' campaigns tap stimulus

Property developers are busy introducing special marketing campaigns to cash in on the Thai government’s property stimulus measures that kicked off on 19 October. Among them are Sansiri Plc, which introduced on-top discounts for 62 residential projects nationwide that have remaining units available for sale priced from ...

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