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Thailand: Prayut hungry for foreign funds

Prime Minister Prayut Chan-o-cha yesterday called on foreign and Thai investors to rev up investing in its targeted industries, saying the government over the last two years has rectified and amended rules and regulations to promote and streamline private investment. Speaking at a seminar yesterday entitled “Thailand 4.0 Means Opportunity Thailand” presented by the Board […]

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Vietnam: VN still sees high trade deficit with China

Although Vietnam’s exports to China in the first month of 2017 surged nearly 40 per cent, trade deficit with the Chinese market remained high at US$2.45 billion. The Ministry of Industry and Trade reported that Vietnam’s exports to China increased by 38.6 per cent to $1.85 billion while its imports from the country rose by 9.3 per cent to $4.3 […]

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Arrivals hit record high in Singapore

SINGAPORE – Singapore’s international visitor arrivals rose 7.7% last year to a record 16.4 million, helped by more travellers from China, India and Indonesia, but the tourism board forecast a slower pace of growth for 2017. Tourism receipts rose 13.9% to an all-time high of S$24.8 billion, the Singapore Tourism Board (STB) said, based on preliminary […]

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Third River Festival Announced on Laos Border

Cambodia’s third annual River Festival will be held near the Laos-Cambodia border this year, with the Tourism Ministry organizing a wider tour through the two countries to coincide with the event, the ministry announced on Tuesday. Chea Bora, a secretary of state at the ministry, said the festival would be held from March 24 to […]

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Thailand: Retail rises on state stimulus

The Thai Retailers Association (TRA) expects the retail sector to grow in a range of 3-3.2% this year as the economy improves. TRA president Jariya Chirathivat said positive factors driving retail growth include the government’s infrastructure investments, development of the Eastern Economic Corridor and special economic zones. The increase of the fiscal budget by 190 […]

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