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SEZ to transform Brunei into world-class economic hub

A SIGNIFICANT Memorandum of Understanding (MoU) was signed last month to set up a strategic public-private partnership (PPP) for the development of a Special Economic Zone (SEZ) in Brunei Darussalam. The MoU was signed between CFLD (Singapore) Investment Pte Ltd, the government of Brunei Darussalam and Darussalam Assets Sdn Bhd (DA) in a signing ceremony […]

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Myanmar: Restrictive hotel licensing can drive conflict

The restrictive licensing requirements for hospitality accommodation in Myanmar can drive conflict in communities which are having more international visitors, according to a publication by Business Innovation Facility. The Do No Harm: A Toolkit for the Tourism Industry developed by the UK aid-funded Business Innovation Facility (BIF) in Myanmar, in collaboration with non-profit organisation CDA […]

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Myanmar-Tourism: a double-edged sword for peace & conflict, “Do No Harm” urged

Poorly managed large-scale or intensive tourism development can negatively affect communities, such as land confiscation, environmental destruction and exploitative jobs, the newly published Do No Harm toolkit for Myanmar’s tourism sector stated. The publication was published by UK aid-funded Business Innovation Facility (BIF) in Myanmar, in collaboration with non-profit organisation CDA Collaborative Learning Projects, to […]

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Thailand: Consumer prices dip for first time in 14 months

Annual headline consumer prices dropped in May for the first time in 14 months, due mainly to last year’s high comparative figure, government data showed on Thursday. The fall gives the central bank room to keep interest rates low to aid economic recovery. Headline consumer prices dipped 0.04% in May to stand at 100.64 points, compared […]

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Singapore retail sales up 2.6% in April

SINGAPORE – Retail sales in Singapore rose 2.6 per cent in April from a year earlier, continuing its upward movement for the second month in a row after 2 per cent rise in March, data from the Department of Statistics showed on Monday (June 12). On a monthly basis, retail sales rose 1.6 per cent in […]

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