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Vietnam: Foreign investors compete for Vinamilk shares

The Hanoitimes – Since early 2018 to date, F&N Dairy Investment and Platinum Victory have been competing with each other for the acquisition of 1% of Vinamilk stake, but their respective moves have failed to materialize. Singapore-based F&N Dairy Investments and Platinum Victory, a subsidiary of Hong Kong-based Jardine Matheson, announced their unsuccessful attempts to acquire […]

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Thailand: Operators look for ways to regain the China market

Several challenges beset Thailand’s tourism industry in the first half of 2019, especially the fading China market after a slowdown stemming from the sluggish global economy and trade tensions between the world’s two biggest economies. The soaring baht against major currencies, including the yuan, is another worrying issue that could deter Chinese from travelling here. […]

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Brunei scores high in healthcare initiatives

THE results of an array of regional and international studies focussed on a range of different fields released in June included Brunei Darussalam in their findings. One such study was Mercer’s 25th annual Cost of Living Survey 2019, in which Bandar Seri Begawan was ranked the 102nd most expensive city for employees working abroad – up four […]

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Indonesia: Tanjung Priok to start 24/7 operations to boost exports

Transportation Minister Budi Karya Sumadi has said that the government plans to operate Tanjung Priok Seaport in North Jakarta, the country’s largest port, for 24 hours seven days a week in trying to boost exports. He said all sections at the port – the port office, customs and excise office, immigration, port operator, banks and other stakeholders – would also be […]

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Malaysia: Banks’ lending activity remains robust

PETALING JAYA: Banks are not restricting lending activities amid concerns that lenders have been reluctant or stringent in their financing. While emphasising on the importance of financing to different customer groups, commercial banks said the disbursement of loans were in line with responsible lending guidelines and balanced against their risk metrics. House buyers, according to […]

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