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Thailand: EA commits to making EVs happen here

Thailand could be on the verge of an electric vehicle (EV) revolution. After decades of promising ubiquitous plug-in stations and quiet roads full of whirring, non-petrol-powered cars, the futuristic fantasy could soon be a reality. Dubbed the “Tesla of Thailand”, SET-listed Energy Absolute (EA) will kick off the first phase of its 100-billion-baht lithium-ion battery […]

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Thailand: PTT has big ambitions for EECI project

PTT Plc is set to launch its Eastern Economic Corridor of Innovation (EECI) project in Rayong with the ambitious goal to raise the research and development centre to technology readiness level soon. The SET-listed national oil and gas conglomerate is developing the EECI in Rayong province’s Wang Chan Valley. The government plans for the EECI […]

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Lower economic growth rate in Laos sparks worry

A lower economic growth rate has sparked concerns that Laos may not meet the average targeted rate of 7.2 per cent as part of the country’s five-year economic development plan for 2016-2020. Economic growth in Laos has reached only 6.7 per cent over the past four years, which is lower than the target approved by […]

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Indonesia: Tax cut supports sales of luxury houses

Fiscal incentives in the form of a tax cut introduced by the government resulted in a slight increase in sales of luxury homes and apartments in June and early July, according to property marketing firm Lamudi. Lamudi recorded that sales of homes with prices starting from Rp 10 billion (US$710,985), such as those in South […]

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