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Thai-Cambodia rail link stalled by compensation claims

PHNOM PENH – Settlement of compensation claims for 50 families living alongside a kilometre of rail track in the border town of Poipet threatens to delay the opening of a new rail service between Cambodia and Thailand. Ly Borin, under-secretary of state at the Transport Ministry and director of Cambodia’s Railway Restoration Project, said officials […]

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Thailand: Steel tariffs extended for two months

The government will extend anti-dumping tariffs on steel pipes from China and South Korea and coiled and uncoiled hot-rolled steel from Brazil, Iran and Turkey until May 15 to protect the local industry. According to Commerce Minister Apiradi Tantraporn, who chaired a meeting of the anti-dumping and countervailing duties committee earlier this month, the panel […]

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Thailand, Cambodia to forge 16 partnership deals

Thailand is set to sign 16 partnership deals with Cambodia during this week’s trade delegation visit led by Deputy Prime Minister Somkid Jatusripitak. Commerce Minister Apiradi Tantraporn said five of the deals will be signed by government-to-government units and the remaining 11 will be between private-sector bodies. She said the Commerce Ministry’s International Trade Promotion […]

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Thailand: Business registration ticks upward

New business registrations rose 3% in February, driven by the economic recovery, state stimulus measures and higher private investment. According to Banjongjitt Angsusingh, director-general of the Business Development Department, the number of new business registration totalled 5,700, with combined registered capital of 26.98 billion baht. “Higher registration came in line with the country’s economic recovery […]

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Thailand’s Kasikorn Bank Opens Headquarters in Laos

(KPL) Thailand’s Kasikorn Bank (KBank) has expanded its business operations by opening its new headquarters in Vientiane Capital. The grand opening of the Headquarters of Kasikorn Bank was held in Sisaket village in Vientiane Capital on March 13. Kasikorn Bank entered the Lao PDR at the end of 2014 and has two branches in Vientiane […]

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Thailand: Mukdahan makes its mark

Special economic zones in northeastern province and neighbouring Laos hold key to revival of interest in East-West Economic Corridor. The Mukdahan Special Economic Zone in northeastern Thailand will utilise the East-West Economic Corridor (EWEC) or R9 to connect with the Savan-Seno SEZ in a move that could revitalise the underused route. The brainchild of the […]

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