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7-Eleven opens inaugural Vietnam store

The first 7-Eleven in Vietnam opened its doors in Ho Chi Minh City on Thursday, heating up the competition in the already crowded convenience store sector. The inaugural 164-square-meter store will carry products that are typical of 7-Eleven stores around the world, in addition to products specifically tailored for the Vietnam market, according to the […]

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Brunei: BIBD’s Sustained Performance Reflects the Nation’s Ongoing Economic Diversification Efforts in Non-Energy Industries

A record dividend of 14.7 cents for every ordinary share for the year ended 31 December 2016 has been declared by Bank Islam Brunei Darussalam, BIBD. The record dividend is more than double the previous year’s high of 7.3 cents. The highest ever dividend reflects BIBD’s commitment to deliver better returns to its shareholders. The […]

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Cambodia: A roadmap for financial growth

The government yesterday unveiled its financial sector development strategy for 2016 to 2025, which provides stakeholders with a document to evaluate the last decade of growth while outlining an action plan for the next decade. The financial sector strategy paper, its third version since 2001, consists of five chapters that recap development and put forth […]

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Thailand: Dealers spy B40bn in fund inflows

Foreign funds worth 40 billion baht have flowed into Thailand, believed to be for an acquisition deal for a large company, says a currency dealer. The massive fund inflow has strengthened the baht at a faster pace than other currencies in the region, said the dealer, who requested anonymity. According to recent local media reports, […]

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