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Laos: Govt maintains inflation, exchange rate controls

The government will continue to control inflation and currency exchange rates under its monetary policy to ensure that economic growth remains stable throughout the coming year. The government has set an economic growth target of 7 percent for 2018, with Gross Domestic Product (GDP) to reach 149.47 trillion kip (US$17.98 billion) and GDP per capita […]

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More Korean firms leaving Philippines

MANILA, Philippines — Thousands of local jobs have been lost since late last year and hundreds more are set to follow in the coming months as the number of Korean manufacturing companies leaving the Philippines for Vietnam continues to rise.  In an interview, Korean Chamber of Commerce of the Philippines president Ho Ik Lee told The […]

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Thailand 4.0 promises huge savings, CO2 reductions, says GE

The “Thailand 4.0” initiative could help bring about multibillion-dollar savings and a significant reduction in carbon emissions in the energy sector, energy firm GE said on Monday. The adoption of the latest digital technologies to enhance and optimise Thailand’s energy assets and networks, combined with deployment of the most efficient gas turbines, critical coal technology […]

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Vietnam looks to give fishery assistance to Cambodia

Vietnam has expressed inter-est in investing in Cambodia’s aquaculture sector and providing technical support to help boost fisheries production, according to Vietnamese media reports. Deputy Minister of Foreign Affairs Vu Hong Nam said during a visit to Tonle Sap Lake late last week with the governor of Kampong Chhnang province that an official initiative for […]

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