Chinese e-commerce giant Alibaba Group has pledged to build an e-commerce park on 300 rai in Thailand’s Eastern Economic Corridor (EEC) to serve Asean’s burgeoning e-commerce market, says Industry Minister Uttama Savanayana. The park will serve as the centre of Alibaba’s logistics operations in Asean, he said. Alibaba Group expects to sign the project’s first-phase contract […]
Read MoreA Chinese firm that plans to invest $2 billion into developing the Kingdom’s first special economic zone (SEZ) dedicated solely to agricultural processing and storage has signed on a new partner to help jumpstart the stalled project, a top agriculture official said yesterday. Tian Rui (Cambodia) Agricultural Cooperation SEZ Co Ltd, a subsidiary of China’s […]
Read MoreInterview with Katsuji Nakagawa from the Japan Chamber of Commerce and Industry in Myanmar Japanese businesses have not indicated any interest in Dawei SEZ or Kyaukphyu SEZ, and see the lack of reliable power supply as the biggest challenge in Myanmar, the chair of the Japanese Chamber said. Katsuji Nakagawa, chair of Japan Chamber of […]
Read MoreCambodia’s economic growth is expected to remain stable this year with inflation rising slightly on increases in the costs of global fuel and food prices, the Asean+3 Macroeconomic Research Office (AMRO) concluded following its annual consultation visit to the Kingdom. “Cambodia’s economy is expected to grow strongly at 6.9 percent in 2017 with inflation reaching […]
Read MoreMANILA, Philippines – Investments registered at the Philippine Economic Zone Authority (PEZA) continue to pour in, surging 71 percent in the first half of the year on the back of sustained investor confidence in the current administration, the country’s ecozone regulator said. PEZA director general Charito Plaza said investment pledges approved by the agency from […]
Read MoreThai exports for canned tuna are expected to miss their target of 80 billion baht as the stronger baht bites into the country’s competitive edge, says Chanintr Chalisarapong, president of the Thai Tuna Industry Association. Mr Chanintr said the strengthening of baht against the dollar had raised the prices of Thai products, making similar products from […]
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