The Asian Development Bank has approved a $127.8 million loan to support the construction of transmission lines and substations to help provide Phnom Penh and three other Cambodian provinces with stable and reliable electricity supply. The project will also pilot the first utility-scale battery energy storage system in Cambodia, which will be funded by a […]
Read MoreTwo giant foreign IT firms have expressed interest in spending 30-40 billion baht each in investment in the Digital Park Thailand, a 700-rai area in Chon Buri meant to serve as a regional hub for digital innovation, says Buddhipongse Punnakanta, digital economy and society (DES) minister. He said one firm is American. He declined to […]
Read MoreChina has reduced fruit imports, but Thailand has been buying more from Vietnam. A report from the Agricultural Product Processing and Market Development Department under the Ministry of Agriculture and Rural Development (MARD) showed that Vietnam exported $2.26 billion worth of vegetables and fruits in the first eight months of the year, a decrease of […]
Read MoreMANILA, Philippines — Poverty in the country can be expected to worsen next year as the jobs and livelihood of more people in urban areas are affected by the prolonged lockdown, the National Economic and Development Authority (NEDA) said yesterday. Acting Socioeconomic Planning Secretary Karl Chua told the Senate finance committee yesterday that poverty incidence […]
Read MoreThe state planning unit looks set to host public hearings and begin new feasibility studies of the so-called Thai Canal or 9A canal route and a double-track railway linking Chumphon and Ranong. The two development projects are key to the government’s economic development plan for the South. The government has budgeted 10 million baht in […]
Read MoreThe government’s plan to hand out payments of Bt3,000 to 15 million people will boost economic growth in the fourth quarter by an estimated 1-1.5 per cent, according to Thanavat Phonvichai, president of the University of the Thai Chamber of Commerce (UTCC). The government has yet to finalise details of the scheme, which is among […]
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Thailand
