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No quick gains seen from chairing Asean

WHILE THE Thai government has a list of up to 12 economic deliverables as it chairs Asean this year, business leaders are not sure its work this year will benefit the private sector in the near future.  Arin Jira, chair of the Asean Business Advisory Council (Asean-BAC), commended the government for setting a progressive agenda […]

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Laos, China ink $4.5 million deal on cooperation projects

THE Lao and Chinese governments have signed a funding agreement designed to finance a range of projects under the Mekong-Lancang cooperation framework. Deputy Minister of Foreign Affairs Thongphan Savanphet and Chinese Ambassador to Laos Jiang Zaidong on Friday signed the agreement on the Mekong-Lancang cooperation special fund for 2018 at the Lao Ministry of Foreign […]

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Cambodia: Investment Law to be revised

The government is gathering input from the private sector and development partners to amend the country’s Investment Law and make the country a more attractive destination for foreign investment. It will be the second amendment to the Investment Law, which was promulgated in 1993 and first revised in 2003. Speaking at a public consultation held […]

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Philippines: Peso seen rebounding to 52:$1

MANILA, Philippines — Economists see the peso rebounding close to 52 versus the dollar in the next few months as investors regain confidence in emerging markets, but expect a “moderate depreciation” to 54.40 by yearend. Speaking during the general membership meeting of the Management Association of the Philippines (MAP), World Bank senior economist for the […]

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