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Thailand: Growth expected to hold steady

Economic growth in the second quarter is expected to be close to the first quarter’s reading of 3.3% and accelerate to 3.7% in the second half, says a senior Bank of Thailand official.  “Some economic engines showed stronger growth than expected but I, personally, think that GDP growth in the second quarter was roughly the […]

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Singapore companies head to fast-growing Philippines

SINGAPORE – A 22-member delegation from Singapore is headed to the Philippines on Tuesday (August 1), as interest grows amongst Singapore companies in one of Asia’s most promising economies. The Singapore Business Federation has teamed up with International Enterprise (IE) Singapore and the Philippine Trade and Investment Centre to organise the business mission from Aug […]

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New scheme to allow Singapore, HK visitors to use automated gates at Bangkok airports

BANGKOK (THE NATION/ASIA NEWS NETWORK) – Visitors from Singapore and Hong Kong will soon be breezing through immigration at Suvarnabhumi and Don Mueang international airports as authorities implement a new scheme to allow them to use automatic passport scanners currently reserved for Thai nationals. Immigration bureau commissioner Pol Lt-General Nathathorn Prousoontorn said the move would […]

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Vietnam Jan-July trade deficit hits $3.08b

HANOI — Vietnam’s trade deficit was estimated at US$3.08 billion in the first seven months of this year, $380 million more than $2.7 billion in the first half, according to the latest data released by the General Statistics Office (GSO). The trade deficit from January-July equaled 2.7 per cent of the country’s export revenue in […]

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Brunei’s diving industry in spotlight

BRUNEI’S diving industry was recently in the spotlight during the launching of Brunei Diving Packages at the Serasa Watersports Complex. A total of eight diving packages were officially launched at the Serasa Watersports Complex in Serasa Beach on July 12 by Dato Seri Setia Awang Haji Ali bin Haji Apong, the Minister of Primary Resources […]

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Myanmar: Big Four firm hails Belt and Road as a “global game changer”

Foreign businesses are encouraged to join the game early to reap the long-term benefits A recent report from a multinational professional services firm praises China’s Belt and Road Initiative (BRI) as transcending beyond initial expectations by extensively boosting trade and commerce and supporting both physical and social infrastructures. It urged foreign businesses to join the […]

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