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Pulling the plug on power in Cambodia

The cityscape of Phnom Penh resembles a work in progress. On a strip of land marking the cross-section of the Mekong and Tonle Sap rivers, a new hotel under construction and empty plots face the centuries-old Royal Palace. Nowadays, restaurants and nightclubs come packed with tourists in the capital city. Around them, signs of construction […]

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Thailand: Shippers predict 5% export growth in March

Thai shipments are expected to have recorded 5% growth in March, boosted by the global economic recovery and higher oil prices after a 2.8% dip in February, exporters say. Nopporn Thepsithar, president of Thai National Shippers’ Council (TNSC), said accelerated imports by countries fearing a fallout from growing US-North Korea tensions and the protectionist trade […]

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ADB Impressed with Lao Economic Growth

(KPL) In an interview with local media, a senior official of Asian Develoment Bank (ADB) has noted that Laos has recorded a strong economic growth over the last decades with 7.8 percent economic growth per annum recorded over the last 10 years. “When I look back (over the past) 50 years, I am quite impressed […]

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Myanmar: Time to fix the economy with action, not words

Peace in Myanmar has come with a heavy price tag. Economists and business owners, while acknowledging and applauding the measures put into achieving peace and stability, say the National League for Democracy-led government has largely ignored the economy during its first year in power. Some experts and entrepreneurs told The Myanmar Times that the government […]

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Vietnamese consumers willing to pay more for safe foods

HANOI — About four out of five Vietnamese consumers are willing to spend more on food produced from materials labelled safe and environmentally friendly, according to a survey conducted by Nielsen Vietnam. Survey results released on Wednesday showed that brands which commit to selling green and safe products reported a growth rate of 4 per […]

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