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ADB Impressed with Lao Economic Growth

(KPL) In an interview with local media, a senior official of Asian Develoment Bank (ADB) has noted that Laos has recorded a strong economic growth over the last decades with 7.8 percent economic growth per annum recorded over the last 10 years. “When I look back (over the past) 50 years, I am quite impressed […]

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Myanmar: Time to fix the economy with action, not words

Peace in Myanmar has come with a heavy price tag. Economists and business owners, while acknowledging and applauding the measures put into achieving peace and stability, say the National League for Democracy-led government has largely ignored the economy during its first year in power. Some experts and entrepreneurs told The Myanmar Times that the government […]

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Vietnamese consumers willing to pay more for safe foods

HANOI — About four out of five Vietnamese consumers are willing to spend more on food produced from materials labelled safe and environmentally friendly, according to a survey conducted by Nielsen Vietnam. Survey results released on Wednesday showed that brands which commit to selling green and safe products reported a growth rate of 4 per […]

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Cambodia: Ministry pledges rice support

After Cambodian rice exports declined dramatically in March, caused by what millers claimed was a stricter enforcement of sanitary and phytosanitary (SPS) measures by the Chinese government, the Ministry of Agriculture announced yesterday that it would lobby on the sector’s behalf to allow more millers to be eligible for export. According to a Facebook post […]

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Philippines: BOI investments rise 25% in first 4 months

MANILA, Philippines – Investments approved by the Board of Investments (BOI) likely soared 25 percent in the first four months this year as investors continue to position for the “golden age” of infrastructure in the country. BOI managing head Ceferino Rodolfo said yesterday project approvals from January to April are tracking an increase of at […]

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Thailand: B280m to support Thailand 4.0 startups

Software Park Thailand, a government agency under the Science and Technology Ministry, has allocated a budget of 280 million baht to sponsor and support local startups this year. The move is part of the government’s attempts to drive the Thailand 4.0 economic model, said Chalermpol Tuchinda, director of Software Park Thailand. He said Software Park […]

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