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Vietnam makes better use of FTAs

The Hanoitimes – Vietnam has the largest FTA utilization rate in the Indian market at 72%, Chile and South Korea came second and third at 67% and 60%. Vietnam’s exports benefiting from utilizing preferential treatments in free trade agreements (FTAs) in 2018 stood at US$46.2 billion, accounting for 39% of total exports to markets signing FTAs […]

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Thailand: Four EEC projects ready for bidding

Four projects worth Bt650 billion at the Eastern Economic Corridor (EEC) are going on the process of open bidding, deputy prime minister Somkid Jatusripitak said after a meeting of the EEC board yesterday. The four include the high-speed rail project to link the three international airports (Suvarnbhumi, Don Muang, and Tapao); Aviation city, and Maptaphut […]

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Amazon opens Thai office, eyeing growth

Amazon, the largest e-commerce company in the world, recently opened a new office in Thailand, its second office in Asean after the flagship in Singapore, as it expands operations in the country to provide resources and training to Thai merchants selling products overseas on the platform.  The company does not have full purchasing services available yet […]

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Indonesia: Business watchdog calls on government not to intervene in airfares

The Business Competition Supervisory Commission (KPPU) is calling on the government, particularly the Transportation Ministry, not to intervene in airfares, but let airplane ticket prices be determined by market mechanisms. “When the government calls for lower airfares, it should base them on market mechanisms. There should be no pressure,” said KPPU commissioner Guntur Saragih in […]

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Cambodia: Kingdom’s petrol prices up 20%

Cambodia’s retail petrol price has increased more than 20 per cent during the first four months of this year due to rising costs on the international market, the monthly oil prices set by the Ministry of Commerce reveal. According to the price lists, which have been set twice per month by the ministry between January […]

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