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First Myanmar Investment to increase 2m shares

First Myanmar Investment, one of the companies listed in the Yangon Stock Exchange (YSX), will see its share amounts rise by around 2 million shares towards the end of August. Hence, the total shares will reach 25 million.   First Myanmar Investment (FMI), a conglomerate with interests from hospitals to airlines, is involved in real estate projects such as Thanlyin Estate Development and […]

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Laos Expects to Have100 Hydropower Plants by 2020

(KPL) Laos has expected to operate 100 hydropower plants with combined installed generation capacity of 28,000 MW and annual power output of about 77,000 million KWh by 2020. Some85 percent of the power production in the country will be exported. Laos currently has 46 operational hydropower plants with combined generation capacity of 6,444 MW and […]

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Thailand: Foreign staff crisis threatens rice target

The crackdown on foreign workers may cause Thai rice exports to drop below the target of 10 million tonnes this year, with many migrants who work in the industry leaving the country.  According to Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, shipments of Thai rice to other countries have been hit hard […]

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Vietnam to promote high-quality rice

HANOI – Vietnam has outlined plans to boost revenues from rice exports over the next decade by focusing on a higher quality product and selling more outside Asia. The world’s third-biggest rice producer wants to boost production of higher-quality 5% and 10% broken rice and decrease output of 15% broken rice, according to a paper […]

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Thailand: Leaders raise export outlook

Thailand’s top business group has raised its forecast for export growth to a new range of 3.5-4.5% after outbound shipments surged in April and May, but kept its economic growth projection at 3.5-4%.  Despite the upward revision, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is pessimistic, believing export growth will slow the rest […]

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