The cabinet has approved the first phase of a food and food processing development plan from 2020-2027, aiming to develop value-added products and increase competitiveness in the global market. The government wants to push Thailand to become Asean’s processed food hub by 2027. To achieve its goal, Thailand is expected to be in the top […]
Read MoreThe Ministry of Industry and Trade has written to the Government proposing extending feed-in tariffs (FITs) for wind power projects until the end of 2023. According to the prime minister’s Decision 39 on supporting the development of wind power, wind power projects will enjoy FITs until the end of 2021. However, due to the negative […]
Read MoreThailand’s Siam Cement Group Public Co ltd (SCG) recorded a 7 percent growth in Cambodian sales revenue during the first quarter of 2020, derived from cement manufacturing and building materials, according to the company’s quarterly report. Based on the Q1 2020 report, SCG’s Cambodian business arm owned $373 million in total assets, an increase of […]
Read MoreThe country’s manufacturing production, both in volume and value, fell in March, partly on the back of the decrease in petroleum products, the Philippine Statistics Authority (PSA) reported on Tuesday. Results of the statistics agency’s latest Monthly Integrated Survey of Selected Industries showed that the volume of production index (VoPi) contracted by 6.3 percent in […]
Read MoreConsumer goods, health care, energy, construction materials, infrastructure, and technology are among the sectors with enormous potential for investment in Vietnam once the COVID-19 pandemic subsides, an expert has said. Don Lam, co-founder and CEO of fund management company VinaCapital, recentlyspoke to a group of Republic of Korean investors through video conferencing about Vietnam’sefforts to […]
Read MoreMANILA, Philippines — The Philippines’ long-struggling agriculture sector suffered a fresh setback in the first three months, pulled down by less harvests and an underperforming fisheries sector and dashing hopes of some economic growth at the start of the year. The value of farm output declined 1.2% year-on-year from January to March, down further from […]
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