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Think tank sees sluggish growth in Asia factories

MANILA, Philippines — Growth in the manufacturing sector in Emerging Asia economies likely remained sluggish in November in line with moderate expansions in advanced and export-driven economies in the region, according to London-based Capital Economics. In a research paper, the macroeconomy research firm said most emerging economies in Asia may report better Purchasing Managers’ Index […]

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Myanmar tourists encouraged to use Visa in Thailand

The Tourism Authority of Thailand (TAT) and Visa credit cards announced a partnership to promote tourism between Thailand and Myanmar.  Under an ongoing campaign to encourage more Myanmar tourists to experience the benefits of digital payments while travelling overseas, locals visiting Thailand can collect a THB500 discount voucher at the Yangon International Airport. The voucher […]

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Thailand reverses ban on weed killer linked to cancer

[BANGKOK] Thailand reversed a decision Wednesday to ban a controversial weedkiller and extended the permitted use of two other pesticides for six months, following pushback from its multi-billion dollar agriculture industry. Glyphosate — a weed killer better known by its trade name Roundup — is a lightning rod for controversy, as more than 42,700 lawsuits […]

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Malaysia: Logistics startup expands into B2B

HAVING established a significant network in local logistics, tech-enabled logistics startup Ninja Van is now eyeing opportunities in the business-to-business (B2B) space. Regional head of B2B Alexandra Sham notes that there is room for the company to build on its consumer logistics network and technology platform to expand into this underserved market. “B2B is the […]

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Thailand: TAT curries favour with Indian market

Despite the global economic slowdown, tourism from India continues to expand at a strong pace as Thailand remains a popular destination for vacations and weddings. The number of Indian visitors grew by 26.7% in the first 10 months this year to 1.63 million, with tourism receipts of 69.7 billion baht, up 31.6% year-on-year. The wedding […]

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