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Cambodia rail line reaches Thailand

A 60-KILOMETRE stretch of Cambodia’s long-delayed railway from Phnom Penh to the Thai border in Poipet has been completed, Transport Minister Sun Chanthol said. The comments came during a logistics forum hosted by the European Chamber of Commerce in Phnom Penh, during which Chanthol gave brief introductory remarks about the status of transport infrastructure in […]

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Vietnam: Striving for sustainable development in 2018

The Hanoitimes – Economic growth in 2017 has laid solid foundation for 2018 and many years to come. However, in order to maintain high and sustainable growth rate, Vietnam has to focus on measures for growth, said the Minister of Planning & Investment Nguyen Chi Dung. Vietnam’s economy has progressed comprehensively in all fields and sectors, […]

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Why the Laos Wage Hike Debate Matters

Efforts by trade unions to increase the minimum wage, only to be resisted by business interests, are a familiar refrain across the world. Indeed, even the socialist state of Lao People’s Democratic Republic is not immune. Current negotiations to raise the minimum wage in Laos, consistently one of the poorest countries in Southeast Asia, have […]

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Viettel eyes Myanmar’s market

The Hanoitimes – Vietnam’s military-run telecommunication group Viettel to invest US$1.5 billion to expand country’s 4G network. Viettel Group, the largest mobile network operator in Vietnam, said it will launch its services in Myanmar next month. Myanmar will be Viettel’s 10th foreign market, following the launch of operations in countries including Cambodia, Laos and Mozambique. Viettel, […]

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Thailand: EEC seen pushing GDP growth above 5%

INVESTMENT drawn to the proposed Eastern Economic Corridor (EEC) could push the country’s economic growth rate above 5 per cent by 2021, Siam Commercial Bank’s Economic Intelligence Centre (EIC) said.  Vithan Charoenphon, the head of service cluster at the centre, said that if the government’s flagship economic zone proceeds as planned, the GDP growth rate […]

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