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Cambodia: Ministries team up to boost silk industry

Two government agencies got together to sign an agreement to boost and develop the silk sector in Cambodia. A memorandum of understanding (MoU) signed this month by the Ministry of Commerce and the Ministry of Labour and Vocational Training (MLVT) seeks to boost local raw silk. This would be done by growing mulberry trees, raising […]

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Laos loses millions of dollars due to overvalued projects

The construction cost of many projects with State investment have been found to be too expensive and exceeding the realistic value, inspectors have confirmed. Though stronger measures have been put in place to address such problems, overvalued development projects continue to come up in Laos, causing great damage to the nation. The Ministry of Planning […]

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Thailand: Commerce Min signs MoU on Mekong-Lancang Cooperation

BANGKOK, 18th April 2018, (NNT) – The Ministry of Commerce has signed a Memorandum of Understanding on Projects of the Mekong-Lancang Cooperation Special Fund with the Government of China, and another Memorandum of Understanding on the implementation of development projects with Mekong Institute.  The event was attended by the Commerce Minister, Sontirat Sontijirawong, the Permanent […]

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This photo illustration taken on March 26, 2018 shows the Grab booking application seen on a smart phone in Singapore. 
Singapore-based ride-hailing firm Grab announced on March 26 it has bought US rival Uber's business in Southeast Asia, ending a fierce battle for market share in the region. / AFP PHOTO / Roslan RAHMAN
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The dangers of a Grab monopoly

Ever since Uber sold its Southeast Asia-based businesses to rival Grab, social media has been abuzz with complaints against Grab. Complaints against the ride-hailing company were mostly about how fare prices have gone up since the merger. Many are saying that since Grab has now established a monopoly over ride-hailing in the region, it is […]

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