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Bangkok Glass turns to M&A strategy to lower risk

Bangkok Glass, part of the Boon Rawd Brewery owned by the billionaire Thai family Bhirom Bhakdi, wants to focus more on mergers and acquisitions (M&A) this year and increase investment weight for construction material to diversify business risk.  Pavin Bhirom Bhakdi, the company’s president and director, said the company is set to invest about 5 billion […]

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Singapore seeing unprecedented mortgage slowdown

[SINGAPORE] Rising interest rates and the latest round of property curbs have put the brakes on mortgage demand at Singapore’s banks, potentially further dragging down the city’s housing market. Home-loan growth slowed to 1.9 per cent in the first 11 months of 2018, less than half the 4.2 per cent increase posted in 2017, the […]

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Cambodia: Kingdom in talent ranking rise

Cambodia moved up a notch this year as a place for attracting and growing talent, according to the Global Talent Competitiveness Index 2019 (GTCI) report released this week. It ranked the Kingdom 107 out of 125 countries. Last year, GTCI ranked Cambodia 108th out of 119 countries on the global talent attraction index. This year […]

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Laos eliminates tariffs on most Asean goods

LAO authorities have reduced import tariffs on 8,536 items to zero as part of national efforts in establishing the Asean Free Trade Area, according to a government report. The report, which the Ministry of Planning and Investment distributed recently at a meeting of finance and planning officials, shows the Lao government no longer charges import […]

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Grab distributes masks to battle Bangkok pollution

Grab Thailand says it has distributed 3,000 N95 respirator masks to motorcycle taxi riders to reduce the health threats from air pollution for the second consecutive year at the roadshow held by the National Council for Peace and Order (NCPO) to regulate and encourage safety for motorcycle taxi and taxi drivers. Grab said it has […]

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