News

Improved regulatory expertise among APEC economies will enhance trade: experts

Improving the ability of regulators’ ability to conform to the Technical Barriers to Trade (TBT) agreement of the World Trade Organisation (WTO) will help APEC economies avoid trade impediments and have better access to international markets, experts said at a workshop held yesterday in HCM ...

Myanmar has 16 months left to join the AEC. Here’s a checklist of what needs to be done

Myanmar has until December 31, 2018, about 16 months, to join the ASEAN Economic Community (AEC), which aims to create a single market and production base with a free flow of goods, services, labour and capital across its member states. The AEC has so far achieved ...

Govt to offer incentives to port investors

Authorities are seeking approval from Deputy Prime Minister Somkid Jatusripitak for a new benefit-sharing arrangement between state and private sectors to give four river and sea ports shunned by investors a new lease on life.Keep reading ...

Ministry warns gold mining companies to pay outstanding debt

There are outstanding 150 viss of gold debts to be paid by over 100 gold mining companies to the government, U Phone Myint, deputy director from No. 2 Mining Enterprise under the Ministry of Natural Resources and Environmental Conservation, told The Myanmar Times. A total ...

Boon turns bane: titanium mining in Bình Thuận

Bình Thuận Province has reaped enormous economic benefits from titanium mining, but the industry has also damaged the environment badly, degraded the lives of local residents. The southern province has the highest titanium reserves in the country at an estimated 599 million tonnes, or 92 per ...

New facilities to develop aquaculture in Laos

Several new facilities that will help increase fish production in Laos and improve the livelihoods of people engaged in fishing are being built under a project for Strengthening Research and Development of Fisheries and Aquaculture. The construction was launched last week by the Deputy Minister ...

Tapioca price control planned

Thai tapioca exporters have agreed to stop lowering prices to put a lid on the losses incurred by local farmers, industry officials said last week. Members of tapioca export agencies have agreed to work together to stop cutting prices for importers, mostly Chinese, in a bid ...

Vietnam looks to bolster its internet censorship

Following the recent intensification of his country’s crackdown on political dissent, Vietnamese president Tran Dai Quang has argued for the need to develop a more robust internet censorship regime in an article published to a state media website. Quang said enemies of the state had ...

PTT proceeds with gas spin-off

PTT Plc, the national oil and gas conglomerate, says it is in the process of separating its gas balance sheet from PTT to spin off the business. President and chief executive Tevin Vongvanich said this is part of a plan to compete in the gas industry ...

E-commerce set to boom in Laos but no laws to regulate sector

The e-commerce market in Laos is set to take off amidst the rapid growth of internet penetration in the region but the country still does not have laws to regulate such activities, experts have noted. This has resulted in Laos losing out on the benefits ...

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