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Restricted Economic Activities Defined Under Section 3 of the State-Owned Economic Enterprises Law Extraction of teak and sale of the same in the country and abroad; Cultivation and conservation of forest plantation with the exception of village- owned fire-wood plantations cultivated by the villagers for their personal use; Exploration, extraction and sale of petroleum and natural gas and production of products of the same; Exploration and extraction of pearls, jade and precious stones and export of the same; Breeding and production of fish and prawns in fisheries which have been reserved for research by the Government; Postal and Telecommunications service: Air Transport service and Railway Transport service; Banking service and Insurance service: Broadcasting service and Television service: Exploration and extraction of metals and export of the same; Electricity generating services other than those permitted by law to private and co-operative electricity generating services; Manufacture of products relating to security and defence which the Government has, from time to time, prescribed by notification.