Focusing on export, investment, consumption to boost growth: PM

Prime Minister Pham Minh Chinh on June 3 asked ministries, agencies and localities to push the three engines of export, investment and consumption in order to spur the country’s economic growth in the time ahead.Speaking at an online regular meeting b…

Energy firm eyes Japanese market expansion

Integrated energy company Semirara Mining and Power Corp. (SMPC) is set to make its second trial shipment to Japan this June in a bid to reduce its dependency on the Chinese market. The company will export 50,000 metric tons (MT) of Semirara coal to S…

Thailand’s export turnover declines for seventh straight month in April

Thailand’ export turnover in US dollar fell for a seventh straight month in April, down 7.6% from a year earlier as global demand remained slow, the Thai Ministry of Commerce announced on May 30.The decline was far more than the 2% fall forecast in a …

ASEAN, RoK boost business ties in food, beverage

The ASEAN-Korea Centre (AKC) on May 30 opened an ASEAN Trade Fair in the framework of the Seoul Food 2023 (SF2003) to showcase food and beverage products from ASEAN countries and create opportunities for ASEAN companies to connect and establish busine…

House passes salt industry dev’t, agri info system bills

The House of Representatives on Monday approved on the third and final reading a bill seeking to revitalize the Philippine salt industry and another measure establishing an online agriculture information system (AIS) throughout the country. With 287 a…

Indonesia plans to install 200MW solar panel

Indonesian state utility Perusahaan Listrik Negara (PLN) seeks a 700-million USD investment to install a 200-megawatt (MW) solar panel that will replace diesel power generators in a bid to reduce carbon emission.The plan is part of its target to reach…

Bali bans foreign tourists from using crypto for payment

The provincial government of Bali on May 28 warned tourists against paying for goods and services in cryptocurrencies on the popular resort island of Indonesia.Speaking to local media at the Bali tourism development press conference, the island’s Gove…