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Vietnam looks to develop support industry

HANOI — Vietnam must develop its support industry if it wants to attract more Japanese investment into the manufacturing sector, a recent Japan External Trade Organisation (JETRO) survey shows. JETRO’s chief representative in Hà Nội Hironobu Kitagawa on Thursday outlined low procurement of raw materials and parts as one of the biggest issue that Japanese […]

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Myanmar: NLD adviser defends govt’s economic management

Sean Turnell, an economic adviser to the NLD-led government, said that the administration spent the first year stabilising the economy and that the economy would take off soon. He also defended the government’s management of the economy, which saw a drop in foreign direct investment, during the Myanmar-EU Economic Forum organised in Nay Pyi Taw […]

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Myanmar:No imports through Maungdaw border

Maungdaw border trade in Rakhine State has resumed but imports from Bangladesh have yet to come in, Maungdaw Border Trade Chamber of Commerce president U Aung Myint Thein told The Myanmar Times. Border trade between Myanmar and Bangladesh at the Maungdaw border gate can provide large support for Myanmar’s exports as 90 percent of the border-cross trading are Myanmar exports while […]

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Thailand: Slim tax for healthy drinks on tap

The Finance Ministry is set to trim the excise tax for reduced sugar drinks in an attempt to encourage people to consume healthier products and prompt makers to reduce sugar content, says a source at the Finance Ministry. Drinks that contain less sugar than the Finance Ministry’s threshold will be levied a lower excise tax than […]

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Laos: Ten Projects Need Investors

Vientiane Capital requires overseas investment in 10 projects in response to the Government’s sustainable development direction, a senior official has said. This is according to the statement made by Bounthieng Khounsy, Chairman of the Lao Front for National Construction of Vientiane Capital, at a seminar on cooperation and development of Kunming International Twin 2017 held […]

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