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Cambodia: Poipet SEZ to import power from Thai firm

A special economic zone (SEZ) in Poipet City has decided to import electricity from Thailand to ensure a reliable power supply as it expects the influx of more factories and investment. Poipet PPSEZ Co Ltd reached a memorandum of understanding (MoU) with Thailand-based B.Grimm Power Plc to build power transmission lines from Thailand to the […]

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Thailand: Tourist SIM-tracking plan axed

Plans for special SIM cards for tourists have finally been scrapped by the national telecom regulator after facing strong opposition from the government, which says the idea would do more harm than good. The plan also drew heavy criticism at the first public hearing from participants who said it could lead to a potential threat […]

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Indonesia sees rise in arrivals

JAKARTA: Foreign tourist arrivals in Indonesia rose 10.7% to 11.52 million people last year but those from some countries, including Japan, decreased due to concerns over terrorism as well as prevailing economic conditions, according to official data. China topped the list of foreign tourists by nationality, accounting for 1.43 million of the 2016 total, up […]

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Myanmar: Car dealers urge customer caution

Car dealers urge customers to be cautious of some sellers hiking the prices of existing stock. The automobile prices have been pushed up by approximately K2 million since the new tax law was passed in January. Potential buyers look for their next ride at a car brokers’ compound in Yangon. Photo – Staff The new […]

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Cambodia: Push to standardize leasing sector regulations

The Commerce Ministry is pushing for leasing sector regulations to be internationally standardized to boost business activities both domestically and internationally and further diversify businesses in the country. The ministry is asking an interministries group and relevant parties to standardize the regulations as soon as possible in order to grow the sector, according to Commerce […]

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Brunei: Trade Balance records BND203.3M in December 2016

FOR the month of December 2016 Brunei Darussalam’s Trade Balance was BND203.3 million. Total exports amounted to BND512.9 million, while imports were valued at BND309.6 million. Mineral fuels recorded the highest contribution of 87.4 per cent of total exports, comprising Crude Oil (BND247.9 million) and Liquefied Natural Gas (LNG) (BND200.3 million). The highest exports market […]

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