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Vietnam is big winner of free trade deals

The clinched free trade agreements (FTAs) has opened the door wider for Vietnamese goods to enter foreign markets, helping the country improve trade balance with its trade partners. Before 2007, Vietnam was involved in only two free trade deals as member of the Association of Southeast Asian Nations (ASEAN): the ASEAN-China and the ASEAN- Republic […]

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Philippines: Lenders, e-money issuers set up InstaPay platform

By Melissa Luz T. Lopez, Senior Reporter BANKS and e-money issuers have set up a new clearing house for real-time fund transfers yesterday, with seven lenders now able to process interbank transactions in a matter of seconds. Industry players unveiled the InstaPay platform on Monday, which serves as an automated clearing house to process payments across accounts […]

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Thailand: Gas field auction details finalised

The auction plans for the Bongkot and Erawan gas blocks in the Gulf of Thailand have finally been determined after almost a dozen postponements in the last two years.  The winning bidders for the Erawan and Bongkot gas blocks in the Gulf of Thailand are expected to sign production-sharing contracts with the government by February 2019, […]

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