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Thailand: Thai central bank seen holding policy rate this wee

BANGKOK: Thailand’s central bank will likely leave its policy rate unchanged near record lows this week, as policymakers turn their focus to fiscal spending to support weak economic growth. Bank of Thailand governor Veerathai Santiprabhob told Reuters last month that monetary policy would remain “accommodative” as the economic recovery was fragile and inflation was not […]

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Vietnam Expo 2017 to be held in April

The 27th Vietnam Expo will be held on April 19 at the Hanoi International Exhibition Centre. The 27th annual expo–themed “Enhancing Regional and Global Economic Links”–will be one of important trade promotion events to welcome APEC 2017 in Vietnam and connect Vietnam with regional and global countries and territories. At least 500 businesses from 23 […]

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Laos faces economic challenges in 2017: business leader

Despite Laos officially performing well overall economically in 2016, some large firms still face major hurdles in doing business, according to a leading corporate executive. General Manager External Affairs, PanAust Ltd./Managing Director PBM Ltd., Mr Richard Taylor, made the comment recently in an article posted on the professional social media site LinkedIn. His article detailed […]

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Cambodia: Insurers chart a growth path

Cambodia’s insurance industry saw impressive growth last year as general insurance continued to make positive strides, while life insurance accounted for the largest upswing by percentage, according to an annual report by the Insurance Association of Cambodia (IAC). Overall gross premiums grew by 35.6 percent last year, swelling from $83.7 million to $113.6 million, according […]

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Thailand: Saha Group keeps focus on Myanmar

Bagan: Saha Group, Thailand’s largest consumer goods conglomerate, has vowed to continue investing in neighbouring countries like Myanmar, where it is scheduled to run a new Mama noodle factory in Mandalay starting this year. Chairman Boonsithi Chokwatana said Myanmar is a high-potential market as indicated by the company’s sales, averaging 20% growth during 2015-16. In […]

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