Khmer Times’ Sok Chan sits down with Sin Chanthy, president of the Cambodia Freight Forwarders Association (CAMFFA), to discuss the challenges and opportunities in the local logistics sector, the role of the new National Council of Logistics, and what he expects from the upcoming logistics master plan. KT: CAMFFA recently held its 14th annual meeting. […]
Read MoreAs domestic fuel prices are expected to rise faster than global prices, the government will hedge against price volatility by buying and storing petrol onshore as demand rises during the coming fiscal year, said Yangon Chief Minister U Phyo Min Thein. Fuel, gasoline and diesel are vital for facilitating the flow of trade in Myanmar. […]
Read MoreThe approval of the new Eastern Economic Corridor (EEC) law in late February will help drive the industrial sector and boost the residential market, property experts say. James Pitchon, executive director for research and consulting at property consultancy CBRE Thailand, said opportunities for growth in the industrial sector will rise as the government focuses on […]
Read MoreThe Asia-Pacific region is “ageing at an unprecedented pace”, with developing facing bigger ageing challenges than developed ones, the United Nations has warned. Given their limited healthcare and pension budgets, developing countries in particular need to look for more innovative ways to improve the quality of life of their senior citizens. Tapping new technology could be […]
Read MoreMyanmar is preparing to open up its insurance industry to foreign businesses, expecting to attract firms that see high potential in a country where few people have coverage and the middle class is growing. Within the next few weeks, the government will announce bids for three licences that will allow 100% foreign-owned companies to offer life insurance […]
Read MoreThe Hanoitimes – Nawaplastic Industries, a subsidiary of Thailand’s Siam Cement Group (SCG), successfully acquired 24.1 million shares of Binh Minh Plastic from the State Capital Investment Corporation (SCIC) at the Ho Chi Minh Stock Exchange on March 9. With a successful bidding price of at VND96,500 (US$4.26) apiece, SCIC raised over VND2.3 trillion (US$101.2 million) […]
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Thailand
