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CLV negotiations make headway

Following a meeting of high-ranking officials last weekend in Kratie province, Cambodia, Laos, and Vietnam (CLV) have agreed on nearly two-thirds of an action plan to promote economic connectivity in the area. The 12th meeting of the Joint Coordination Committee on Cambodia-Laos-Vietnam Development Triangle Area (CLV DTA JCC) took place over the weekend in the […]

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Thailand: Personal privacy in the balance

The NLA-endorsed act on data protection aims to safeguard sensitive information and hold companies accountable  Data is hailed as the new “oil” of the 21st century, with digitalisation changing the landscape across every segment of society and business. When valuable and personal data can be exploited for personal or corporate gain, there is a need to […]

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Philippines: More foreign firms eye gas, oil sector

MANILA, Philippines — More foreign firms are keen on investing in the country’s oil and gas exploration sector, according to the Department of Energy (DOE). Foreign firms have expressed interest in pre-determined areas (PDAs) offered under Philippine Conventional Energy Contracting Program (PCECP), DOE Undersecretary Donato Marcos said. “For the PDAs, there are nine nominations which […]

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Thailand: Tax cut eyed for EV batteries

The Excise Department is poised to cut taxes to encourage setting up electric vehicle (EV) battery plants in Thailand, says a source familiar with the issue.  The 8% excise tax imposed on batteries is likely to be slashed to support domestic EV battery production, but it’s too early to tell how big the tax cut […]

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