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Foreign firms rush to Vietnam’s automobile industry

The Hanoitimes – The government’s policies to promote the local automobile manufacturing and related supporting industries have attracted a huge foreign investment wave in the country in the first half of this year. South Korea’s Pyeong Hwa Automotive Co., Ltd. (PHA) in the middle of June got license to invest in a US$16.7 million automotive parts […]

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Thailand: Consumer prices up for 13th straight month

Thailand’s headline inflation rate, as gauged by the increase in the consumer price index (CPI), picked up to 1.46% in July after easing to 1.38% in June. The Commerce Ministry reported on Wednesday that consumer prices rose for a 13th straight month in July, mainly driven by higher prices in energy, tobacco and alcoholic drinks; housing […]

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New data demystify Myanmar’s jade sector

Myanmar’s gemstone sector is opaque and unaccountable. In 2017, the country scored just 27 of a possible 100 points and ranked 83rd among 89 assessments in the Resource Governance Index. However, new data are helping observers to unpack this sector and inform eventual reform. In March 2018, the Extractive Industries Transparency Initiative’s (EITI) Myanmar office published […]

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Vietnam inflation forecast to exceed c.bank’s 4% target: HSBC

The Hanoitimes – HSBC expected the SBV to react proactively, hiking its policy rate moderately by 25 basic points in the third quarter this year to curb inflationary pressures and inflation expectations. Vietnam’s headline inflation rose 4.5% year-on-year in July, remaining well-above the State Bank of Vietnam (SBV)’s 4% target, which is expected to remain above […]

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