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Laos: ICT businesses urged to drive economy

Information and communications technology (ICT) businesses must be the main drivers of economic growth and the process of industrialisation and modernisation in Laos. Deputy Prime Minister and Minister of Finance, Mr Somdy Duangdy, made the comment when stressing the encouragement given by the government to the ICT sector in his address at the annual national […]

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Best-performing Thai health stock to tap Myanmar for growth

Thonburi Healthcare Group Plc, the top-performing health stock this year, expects to open a hospital in Yangon by June to bolster the company’s earnings outlook. The $75-million, 200-bed facility is part of an 8-billion-baht investment plan through 2020 to expand services in Thailand and other Southeast Asian nations, Thonburi Healthcare chairman Boon Vanasin said in […]

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Vietnam: Thousands of Japanese goods to enjoy zero percent tariff in 2018

The Hanoitimes – Thousands of Japanese goods importing to Vietnam will enjoy a zero percent tariff this year in line with Vietnam’s commitments on special preferential import duty rates within the framework of the Vietnam – Japan Economic Partnership Agreement (VJEPA) and the ASEAN – Japan Comprehension Economic Partnership Agreement (AJCEP) for 2016-2019. Under the Vietnam’s […]

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Thailand: Local impact likely from Trump tariffs

The government says Thai shipments of washing machines and solar cells will take a hit from recently approved US tariffs designed to protect American manufacturers. Wanchai Varavitha, deputy director-general of the Foreign Trade Department, said Thailand enjoyed continuous export growth in the two items from 2012 to 2017. According to the Customs Department, export value […]

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Philippines: Stanchart, ING Bank see 6.7% GDP growth

MANILA, Philippines — Two European banks expect a 6.7 percent economic growth for the Philippines this year, fuelled largely by the ambitious infrastructure program of the government. In a press briefing, Standard Chartered Bank economist for Asia Chidu Narayanan said the Philippine economy may expand by 6.7 percent this year. Narayanan said the Philippines’ trade […]

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