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Vietnam-Cambodia: Bridge strengthens bilateral trade ties

The bridge connecting Chrey Thom district in Kandal province to Long Binh in Vietnam’s An Giang province was officially launched yesterday by Prime Minister Hun Sen and his Vietnamese counterpart Nguyen Xuan Phuc.  “The Chrey Thom-Long Binh Bridge is an important cross-border gate for people in Cambodia and Vietnam,” said Mr. Hun Sen at the […]

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Malaysia Eyes Indonesian Properties, Oil and Gas, and Toll Roads

TEMPO.CO, Jakarta – Malaysia-based construction company Eversendai expressed its interest in investing in Indonesian properties, oil and gas, petrochemical, electricity and EPC (engineering, procurement, and construction) projects. “They are also interested in establishing a medium-scale joint venture with Indonesian companies,” Villages, Disadvantaged Regions and Transmigration Minister Eko Putro Sandjojo said in press release after a meeting […]

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Thailand: Exports on track to achieve 2017 target

The prospect of Thailand’s exports growing by 5% this year looks good after outbound shipments for March fared better than expected, jumping 9.2% year-on-year. Nopporn Thepsithar, acting president of the Thai National Shippers’ Council, said yesterday for the first time that Thai exports have a chance to grow by 5% as targeted by the government, […]

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Vietnam corporate profit falls 60 percent in 2010-2015

The corporate profit growth stood at 7.5 percent from 2010 – 2015, falling 60 percent from the rate of the 2005-2010 period, according to the General Statistics Office under the Ministry of Planning and Investment. According to Pham Dinh Thuy, Director of the Office’s Industrial Statistics Department, the global development crisis has taken a toll […]

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Laos: GDP Growth in 2016 Lower Than Expected

(KPL) Laos’ gross domestic product last year saw a growth of only 7 percent, amounting to 108,605 billion kip (USD 13.27 billion) that was lower than the expected 7.5 percent, as a consequence of the global economic turndown, a decrease in copper prices and climate change. The Minister of Planning and Investment, Mr Souphanh Keomixay, […]

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