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Vietnam remains Laos third largest investor with US$4.22 billion to date

The Hanoitimes – Vietnam agrees to purchase 1,200 megawatts of electricity from Laos in 2020, exceeding the original plan of 1,000 megawatts, and 5,000 megawatts until 2030. Vietnamese enterprises remain Laos’ third largest investor with 413 projects worth US$4.22 billion to date, according to Prime Minister Nguyen Xuan Phuc. Major Vietnamese projects with positive results in […]

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Tesco may sell Thailand, Malaysia businesses

LONDON: Britain’s biggest supermarket chain Tesco said on Sunday it had started a review of its businesses in Thailand and Malaysia, including looking at a possible sale. It said in a statement that “following inbound interest, it has commenced a review of the strategic options for its businesses in Thailand and Malaysia, including an evaluation […]

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New regulation on mandatory use of Bahasa Indonesia falls short of expectation

TEN years after the enactment of the Language Law, President Joko Widodo finally signed its implementing regulation. When it was first enacted, the Language Law raised alarm because it imposed additional burden on contracting parties by requiring them to translate agreements into Indonesian. Over time, the Language Law also created uncertainties, which can be broadly categorised into three areas: […]

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