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Lao workers to get special aid

The Labour Ministry will open a centre to ensure the legal status of Lao workers who can prove their identity, while Lao authorities have promised to help illegal workers wanting to return home to acquire passports so they can be legally re-employed in Thailand.  Thai and Lao authorities discussed ways to solve the undocumented workforce problem […]

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Thailand: 24 provinces to be promoted in 2018

Twenty-four second-tier provinces will be highlighted in next year’s “Diversity Amazing” tourism campaign.  The Tourism and Sports Ministry will continue to promote tourism in these 24 second-tier provinces, said Tourism and Sports Minister Kobkarn Wattanavrangkul.  The provinces’ distinct cultures and products will be the main theme of the Diversity Amazing campaign, which will drive local […]

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Indonesia’s motorbike sales down 26.9% in June

JAKARTA — Motorcycle sales in Indonesia fell 26.9% in June from a year earlier, data from an industry association showed on Thursday. These sales are also the biggest drop since July 2016, according to Thomson Reuters data. Sales stood at 379,467 motorbikes in June, down from 518,878 sold in the year-ago period. It was also […]

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Vietnam: Trimmed interest rates might affect NIMs: experts

Commercial banks which have cut interest rates for short-term lending following the State Bank of Vietnam’s cue might suffer a further decline in the net interest margin (NIM), experts said. On July 7, the State Bank of Vietnam decided to cut the annual maximum refinancing interest rate, rediscount interest rate and overnight interest rate applied to electronic inter-bank payments. It also cut […]

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