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BoI buzzes in pursuit of Thailand 4.0

The government’s Thailand 4.0 scheme — meant to usher in the country into more value-added, innovative and creative sectors — has made the Board of Investment (BoI) one of the busiest state agencies as it reworks its processes and structures to promote technological changes. One of the novelties is the establishment of the five new […]

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ThaiBev unit registers to bid for Sabeco; to price offer initially estimated at US$4.8b

THAI Beverage Public Co’s (ThaiBev) Vietnamese drinks unit has registered to bid for a 53.59 per cent stake in Saigon Beer-Alcohol-Beverage Joint Stock Corp (Sabeco), and will price its bid by 3pm on Monday, Singapore time, the food and drink group announced before today’s market opening. ThaiBev’s associated company, Vietnam Beverage, had earlier indicated its […]

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Laos attractive to Vietnamese investors: Minister

VIENTIANE – Vietnamese businesses see Laos as an attractive destination and will continue to invest in the country despite a slowdown in outbound investment, Planning and Investment Minister Nguyen Chi Dung said on Saturday. Dung, also Chairman of the Vietnam-Laos Co-operation Committee, told Lao Prime Minister Thongloun Sisoulith in Vientiane that Vietnamese firms hope for continued […]

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Cambodia: EU firm sets plan for local rubber factory

Socfin Cambodia, the local branch of a Europe-based international rubber producing company that currently operates a 7,500-hectare rubber plantation in Mondulkiri, has announced plans to open the doors to its first rubber factory next April, with an initial investment of $5.7 million, a company executive said last week. Jef Boedt, general manager of Socfin Cambodia, […]

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