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Thailand: BoT market conduct rules from Jan 1

The Bank of Thailand’s regulation on market conduct will be effective from Jan 1 next year while comparative information regarding financial products will be available on the central bank’s website from the first quarter to enable better competition in the market. “The regulation focuses on improving competition among financial institutions to ensure appropriate and fair […]

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10,000 Lao workers upgrade status in Thailand

Laos will continue to help register, upgrade nationality status and provide assistance for Lao workers who do not have legal documentation in Thailand. At present, some 158,000 Lao nationals are currently working in Thailand but only 70,000 hold work permits and can be considered to be legally employed. A senior official from the assistance centre […]

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Singapore to release final Q3 GDP data on Nov 23

SINGAPORE – The Ministry of Trade and Industry (MTI) will release the third quarter 2017 economic survey of Singapore on Nov 23 at 8am. The report will give the final growth figures for the economy for the July to September quarter, including detailed information on sectoral performance, sources of growth, inflation, employment and productivity. Advance […]

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Philippines Q3 GDP grows 6.9% y-o, above forecast

[MANILA] The Philippine economy grew by a faster-than-expected 6.9 per cent in the third quarter from a year earlier, supported by strong industrial output and services, the statistics agency said on Thursday. Economists in a Reuters poll had forecast annual growth of 6.5 per cent in the July-September period, compared with the second quarter’s upwardly […]

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Vietnamese Government encourages OV to invest in real estate market

The Hanoitimes – The Ho Chi Minh City People’s Committee has asked relevant departments to tackle problems in granting house ownership certificates to overseas Vietnamese to encourage their investment into the real estate market. Statistics of the municipal Department of Construction revealed that only 15 overseas Vietnamese and foreigners were granted house ownership certificates in the […]

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